GATX Corporation (NYSE:GMT) issued a press release announcing its purchase of GE Capital Rail Services’ North American per diem boxcar fleet, consisting of more than 18,500 boxcars. The purchase price was approximately $340 million. GATX Corporation (NYSE:GMT) shares after opening at $65.56 moved to $66.88 on last trade day and at the end of the day closed at $ 66.55. Company price to sales ratio in past twelve months was calculated as 2.32 and price to cash ratio as 8.07. GATX Corporation (NYSE:GMT) showed a negative weekly performance of -3.13%.
General Finance Corporation (NASDAQ:GFN) the parent company of businesses in the mobile storage, modular space and liquid containment industries (the “Company”), announced that yesterday it closed its previously announced acquisition of the affiliated companies, Lone Star Tank Rental LP, based in Kermit, Texas, and KHM Rentals, LLC, based in Kenedy, Texas, (collectively “Lone Star”) for a total purchase consideration of approximately $95 million, subject to certain working capital and other adjustments to be determined after the closing date. General Finance Corporation (NASDAQ:GFN) shares advanced 1.35% in last trading session and ended the day on $8.23. GFN return on equity ratio is recorded as 2.90% and its return on assets is 0.60%. General Finance Corporation (NASDAQ:GFN) yearly performance is 85.78%.
Air Lease Corp (NYSE:AL) buys its own planes and then leases them to airline customers. At the end of 2013 it had 79 customers in 47 countries. More than 90% of its business comes from outside the U.S. and Canada. Air Lease Corp (NYSE:AL) shares moved up 2.08% in last trading session and was closed at $37.25 while trading in range of $36.50 -$37.31 – Air Lease Corp (NYSE:AL) year to date (YTD) performance is 19.93%.
Textainer Group Holdings Limited (NYSE:TGH) the world’s largest lessor of intermodal containers based on fleet size, announced that beginning in 2014 it will calculate earnings and profits under U.S. federal income tax principles for purposes of determining whether distributions to shareholders exceed the Company’s current and accumulated earnings and profits.Textainer Group Holdings Limited (NYSE:TGH) weekly performance is -1.12%. On last trading day company shares ended up $38.92. Textainer Group Holdings Limited (NYSE:TGH) distance from 50-day simple moving average (SMA50) is 5.89%. Analysts mean target price for the company is $37.18.