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<item><link>http://www.alacrastore.com/storecontent/ccbn/B2480452</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2480452</ccbn:docid><guid isPermaLink="false">ccbn/B2480452</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>05 Nov 2009 01:07:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2480452</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of ARII earnings conference call or presentation, 5-Nov-09 10:00am ET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc Q3 2009 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">ARII</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:00am ET</ccbn:time><title>American Railcar Industries Inc Q3 2009 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Alison Wolfe Longbow Research - Analyst Joe Box Keybanc Capital Markets - Analyst David Newhouser Livermore Partners - Analyst Art Hatfield Morgan Keegan - Analyst...

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Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B2338875</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2338875</ccbn:docid><guid isPermaLink="false">ccbn/B2338875</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>06 Aug 2009 05:09:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2338875</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of ARII earnings conference call or presentation, 6-Aug-09 10:00am ET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc Q2 2009 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">ARII</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:00am ET</ccbn:time><title>American Railcar Industries Inc Q2 2009 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Jim Cowan American Railcar Industries, Inc - CEO, President Dale Davies American Railcar Industries, Inc - CFO, Senior VP, Treasurer CONFERENCE CALL PARTICIPANTS...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2338875</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2338875</ccbn:docid><guid isPermaLink="false">ccbn/T2338875</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>06 Aug 2009 05:09:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2338875</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of ARII earnings conference call or presentation, 6-Aug-09 10:00am ET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc Q2 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">ARII</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:00am ET</ccbn:time><title>American Railcar Industries Inc Q2 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Jim Cowan American Railcar Industries, Inc - CEO, President Dale Davies American Railcar Industries, Inc - CFO, Senior VP, Treasurer C O N F E R E N C E C A L L P A R T I C I P A N T S...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/COP_820041258</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_820041258</moodys:docid><guid isPermaLink="false">moodys/COP_820041258</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>28 May 2009 04:53:00 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">American Railcar Industries, Inc.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">American Railcar Industries, Inc.</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820041258</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">29 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Credit Opinion</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>American Railcar Industries, Inc.</title><description>Global Credit Research Credit Opinion ## SEP ####   Credit Opinion: American Railcar Industries, Inc. American Railcar Industries, Inc. St. Charles, Missouri, United States Ratings Category Moody's Rating Outlook Negative Corporate Family...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_179696_820041258</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_179696_820041258</moodys:docid><guid isPermaLink="false">moodys/PR_179696_820041258</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>27 May 2009 04:46:24 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">American Railcar Industries, Inc.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">American Railcar Industries, Inc.</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820041258</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">26 May 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's lowers ARI's ratings; CFR to B2</title><description>Global Credit Research Rating Action ## MAY ####   Rating Action: American Railcar Industries, Inc. Moody's lowers ARI's ratings; CFR to B# $### million in debt securities affected New York, May ##, #### -- Moody's Investors Service...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B2147184</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2147184</ccbn:docid><guid isPermaLink="false">ccbn/B2147184</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>07 May 2009 03:11:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2147184</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of ARII earnings conference call or presentation, 7-May-09 10:00am ET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc Q1 2009 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">ARII</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:00am ET</ccbn:time><title>American Railcar Industries Inc Q1 2009 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Jim Cowan American Railcar Industries Inc. - President &amp; CEO Dale Davies American Railcar Industries Inc. - SVP, CFO &amp; Treasurer CONFERENCE CALL PARTICIPANTS...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2147184</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2147184</ccbn:docid><guid isPermaLink="false">ccbn/T2147184</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>07 May 2009 11:09:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2147184</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of ARII earnings conference call or presentation, 7-May-09 10:00am ET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc Q1 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">ARII</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:00am ET</ccbn:time><title>American Railcar Industries Inc Q1 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Jim Cowan American Railcar Industries Inc. - President &amp; CEO Dale Davies American Railcar Industries Inc. - SVP, CFO &amp; Treasurer C O N F E R E N C E C A L L P A R T I C I P A N T S...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><title>American Railcar Inds Inc is rumored to be planning to acquire Greenbrier Cos Inc</title><description>US - American Railcar Industries Inc was rumored to be planning to merge with Greenbrier Cos Inc, a manufacturer and wholesaler of railroad equipment.</description><pubDate>17 Mar 2009 11:11:23 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">02916P</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">393657</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">02916P</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">393657</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">American Railcar Industries Inc</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Greenbrier Cos Inc</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">American Railcar Industries Inc</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Greenbrier Cos Inc</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/American_Railcar_Inds_Inc_is_rumored_to_be_planning_to_acquire_Greenbrier_Cos_Inc-2057680020</link><guid isPermaLink="false">sdc/2057680020</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2057680020</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Nasdaq</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Transportation Equipment</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United States</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Railroad equipment</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>3743</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>MO</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Missouri</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>ARII</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">3537:Industrial trucks, tractors, trailers, &amp; stackers</sdc:value><sdc:value sdc:p="1">3743:Railroad equipment</sdc:value><sdc:value sdc:p="2">3799:Transportation equipment, nec</sdc:value><sdc:value sdc:p="3">5088:Transportation equipment, except motor vehicles</sdc:value><sdc:value sdc:p="4">7389:Business services, nec</sdc:value><sdc:value sdc:p="5">7699:Repair shops and related services, nec</sdc:value><sdc:value sdc:p="6">8741:Management services</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">3537:Industrial trucks, tractors, trailers, &amp; stackers</sdc:value><sdc:value sdc:p="1">3743:Railroad equipment</sdc:value><sdc:value sdc:p="2">3799:Transportation equipment, nec</sdc:value><sdc:value sdc:p="3">5088:Transportation equipment, except motor vehicles</sdc:value><sdc:value sdc:p="4">7389:Business services, nec</sdc:value><sdc:value sdc:p="5">7699:Repair shops and related services, nec</sdc:value><sdc:value sdc:p="6">8741:Management services</sdc:value></sdc:aupsic_SIC><sdc:b_EXCHANGE><sdc:value>New York</sdc:value></sdc:b_EXCHANGE><sdc:b_MAINDUSTRY><sdc:value>Transportation Equipment</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>United States</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Railroad equipment</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>3743</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>OR</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Oregon</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Public</sdc:value></sdc:b_STATUS><sdc:b_TICKER><sdc:value>GBX</sdc:value></sdc:b_TICKER><sdc:c_ACIDGEN><sdc:value>437779002</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Mnfr,whl,repair rail car parts</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Mnfr,whl railroad equip</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Not Applicable</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Common Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>278303001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Mar 17 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">American Railcar Industries</sdc:value><sdc:value sdc:p="1">Inc, located in St Charles,</sdc:value><sdc:value sdc:p="2">Missouri, manufactures new,</sdc:value><sdc:value sdc:p="3">special and general purpose,</sdc:value><sdc:value sdc:p="4">covered hopper and tank</sdc:value><sdc:value sdc:p="5">railcars and hitches for the</sdc:value><sdc:value sdc:p="6">intermodal market, discharge</sdc:value><sdc:value sdc:p="7">outlets for covered hopper</sdc:value><sdc:value sdc:p="8">cars, standard and specialty</sdc:value><sdc:value sdc:p="9">freight car parts for all</sdc:value><sdc:value sdc:p="10">freight car, tank car parts</sdc:value><sdc:value sdc:p="11">and valves. It provides repair</sdc:value><sdc:value sdc:p="12">and maintenance of railcars</sdc:value><sdc:value sdc:p="13">services and develops OEM's</sdc:value><sdc:value sdc:p="14">and their after markets. It</sdc:value><sdc:value sdc:p="15">also provides railcar</sdc:value><sdc:value sdc:p="16">consulting, engineering and</sdc:value><sdc:value sdc:p="17">management services. The</sdc:value><sdc:value sdc:p="18">company was founded in 1988.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">American Railcar Industries Inc, located in St Charles,</sdc:value><sdc:value sdc:p="1">Missouri, manufactures new, special and general purpose,</sdc:value><sdc:value sdc:p="2">covered hopper and tank railcars and hitches for the</sdc:value><sdc:value sdc:p="3">intermodal market, discharge outlets for covered hopper</sdc:value><sdc:value sdc:p="4">cars, standard and specialty freight car parts for all</sdc:value><sdc:value sdc:p="5">freight car, tank car parts and valves. It provides repair</sdc:value><sdc:value sdc:p="6">and maintenance of railcars services and develops OEM's and</sdc:value><sdc:value sdc:p="7">their after markets. It also provides railcar consulting,</sdc:value><sdc:value sdc:p="8">engineering and management services. The company was founded</sdc:value><sdc:value sdc:p="9">in 1988.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>American Railcar Industries Inc, located in St Charles, Missouri, manufactures new, special and general purpose, covered hopper and tank railcars and hitches for the intermodal market, discharge outlets for covered hopper cars, standard and specialty freight car parts for all freight car, tank car parts and valves. It provides repair and maintenance of railcars services and develops OEM's and their after markets. It also provides railcar consulting, engineering and management services. The company was founded in 1988.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Greenbrier Cos Inc, located in</sdc:value><sdc:value sdc:p="1">Lake Oswego, Oregon,</sdc:value><sdc:value sdc:p="2">manufactures, wholesales and</sdc:value><sdc:value sdc:p="3">distributes railroad equipment</sdc:value><sdc:value sdc:p="4">and related devices. It is a</sdc:value><sdc:value sdc:p="5">holding company that provides</sdc:value><sdc:value sdc:p="6">leasing, repairs and</sdc:value><sdc:value sdc:p="7">refurbishes services of</sdc:value><sdc:value sdc:p="8">freight railcars in North</sdc:value><sdc:value sdc:p="9">America and Europe. The</sdc:value><sdc:value sdc:p="10">company was founded in 1981.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Greenbrier Cos Inc, located in Lake Oswego, Oregon,</sdc:value><sdc:value sdc:p="1">manufactures, wholesales and distributes railroad equipment</sdc:value><sdc:value sdc:p="2">and related devices. It is a holding company that provides</sdc:value><sdc:value sdc:p="3">leasing, repairs and refurbishes services of freight</sdc:value><sdc:value sdc:p="4">railcars in North America and Europe. The company was</sdc:value><sdc:value sdc:p="5">founded in 1981.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Greenbrier Cos Inc, located in Lake Oswego, Oregon, manufactures, wholesales and distributes railroad equipment and related devices. It is a holding company that provides leasing, repairs and refurbishes services of freight railcars in North America and Europe. The company was founded in 1981.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>16.66000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>16 Mar 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 16 Mar 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 03/16/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Merger</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Not Appl.</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">US - American Railcar</sdc:value><sdc:value sdc:p="1">Industries Inc was rumored to</sdc:value><sdc:value sdc:p="2">be planning to merge with</sdc:value><sdc:value sdc:p="3">Greenbrier Cos Inc, a</sdc:value><sdc:value sdc:p="4">manufacturer and wholesaler</sdc:value><sdc:value sdc:p="5">of railroad equipment.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>US - American Railcar Industries Inc was rumored to be planning to merge with Greenbrier Cos Inc, a manufacturer and wholesaler of railroad equipment.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">US - American Railcar Industries Inc was rumored to be planning to merge with Greenbrier</sdc:value><sdc:value sdc:p="1">Cos Inc, a manufacturer and wholesaler of railroad equipment.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>US - American Railcar Industries Inc was rumored to be planning to merge with Greenbrier Cos Inc, a manufacturer and wholesaler of railroad equipment.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">US - American Railcar Industries Inc was rumored to be planning to merge with Greenbrier Cos Inc, a manufacturer and wholesaler of</sdc:value><sdc:value sdc:p="1">railroad equipment.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Rumor</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Rumor</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">3743:Railroad equipment</sdc:value><sdc:value sdc:p="1">4741:Rental of railroad cars</sdc:value><sdc:value sdc:p="2">5012:Automobiles and other motor vehicles</sdc:value><sdc:value sdc:p="3">5013:Automotive parts, supplies</sdc:value><sdc:value sdc:p="4">5088:Transportation equipment, except motor vehicles</sdc:value><sdc:value sdc:p="5">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="6">7359:Equipment rental and leasing, nec</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>437779002</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Nasdaq</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>United States</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>3743</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Missouri</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>ARII</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">3743:Railroad equipment</sdc:value><sdc:value sdc:p="1">4741:Rental of railroad cars</sdc:value><sdc:value sdc:p="2">5012:Automobiles and other motor vehicles</sdc:value><sdc:value sdc:p="3">5013:Automotive parts, supplies</sdc:value><sdc:value sdc:p="4">5088:Transportation equipment, except motor vehicles</sdc:value><sdc:value sdc:p="5">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="6">7359:Equipment rental and leasing, nec</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>278303001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>New York</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>United 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$###m and net earnings attributable to common shareholders of $##m or $#.## per diluted share. #Q## revenues were $###m and net earnings attributable to common shareholders were $#m or $#.## per diluted share. ...

</description><pubDate>05 Mar 2009 12:07:00 EST</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc Q4 2008 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">ARII</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:00am ET</ccbn:time><title>American Railcar Industries Inc Q4 2008 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2106114</link><guid isPermaLink="false">ccbn/T2106114</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2106114</ccbn:docid><description>...Welcome to the fourth quarter #### American Railcar Industries earnings conference call. (Operator Instructions) I would now like to turn the call over to Mr. James Unger, President and CEO. Please proceed, sir. ...

</description><pubDate>05 Mar 2009 11:07:00 EST</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">American Railcar Industries Inc Q4 2008 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">ARII</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:00am ET</ccbn:time><title>American Railcar Industries Inc Q4 2008 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/702565</link><guid isPermaLink="false">spcred/702565</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">702565</spcred:docid><description>The latest Summary from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>13 Feb 2009 07:06:43 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: American Railcar Industries Inc.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Construction &amp; Farm Machinery &amp; Heavy Trucks</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The ratings on St. Charles, Mo.-based American Railcar Industries Inc. (ARI) reflect the company's weak business profile, which is characterized by the highly cyclical and capital-intensive nature of the railcar manufacturing industry and ARI's limited product and customer diversity. The ratings also reflect the company's aggressive financial profile. Mitigating factors include ARI's well-established market position and its ample liquidity. ARI designs and manufactures railcars and components, and also provides railcar services. Railcar manufacturing (93% of revenues in 2008) is focused on the production of covered hopper and tank railcars, although the company is expanding into intermodal railcars. ARI also manufactures railcar and industrial components for internal use and for sale to third parties. Through the railcar services segment (7% of</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">02916P</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20106010 201060 2010 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">American Railcar Industries Inc.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">380948</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">ARII</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">LEVFIN</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/702561</link><guid isPermaLink="false">spcred/702561</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">702561</spcred:docid><description>The latest Full Report from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>13 Feb 2009 03:48:47 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><title>American Railcar Industries Inc.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Construction &amp; Farm Machinery &amp; Heavy Trucks</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">Well-established position as a manufacturer of tank and covered hopper railcars; and Good liquidity. Cyclical nature of the industry; High customer concentration; and Limited product diversity. The ratings on St. Charles, Mo.-based American Railcar Industries Inc. (ARI) reflect the company's weak business profile, which is characterized by the highly cyclical and capital-intensive nature of the railcar manufacturing industry and ARI's limited product and customer diversity. The ratings also reflect the company's aggressive financial profile. Mitigating factors include ARI's well-established market position and its ample liquidity. ARI designs and manufactures railcars and components, and also provides railcar services. Railcar manufacturing (93% of revenues in 2008) is focused on the production of covered hopper and tank railcars, although the company is expanding</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">02916P</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20106010 201060 2010 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">American Railcar Industries Inc.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">380948</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">ARII</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">LEVFIN</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/srp/137742060</link><srp:docid xmlns:srp="http://www.alacra.com/srp">137742060</srp:docid><guid isPermaLink="false">srp/137742060</guid><srp:index_mode xmlns:srp="http://www.alacra.com/srp">norm</srp:index_mode><srp:cik xmlns:srp="http://www.alacra.com/srp">0001344596</srp:cik><srp:company xmlns:srp="http://www.alacra.com/srp">137742060</srp:company><srp:cusip xmlns:srp="http://www.alacra.com/srp">02916P103</srp:cusip><pubDate>06 Oct 2006 12:23:00 EST</pubDate><srp:file xmlns:srp="http://www.alacra.com/srp">American_Railcar_Industries_Inc_ARII_Defense_Analytics_Profile.pdf</srp:file><title>American Railcar Industries, Inc.</title><srp:ticker xmlns:srp="http://www.alacra.com/srp">ARII</srp:ticker><description>...(#) Percentages are based upon the number of eligible and active companies in the SharkRepellent.net database. For the Poison Pill In Force calculation by index, non-US companies are included. (#) Supermajority vote requirement (e.g., ##.##%, ##%, ##%) for shareholders to amend/repeal at least one charter or bylaw provision. (#) SIC Group is defined as the first two digits of this company's primary SIC code (##: Transportation Equipment). There are ## eligible and active companies in the SharkRepellent.net database in this SIC group. (#) The FactSet Bullet Proof Rating is a weighted average index comprised of significant components that impact takeover defenses. The rating scale is from # to ## with a ## representing the most formidable defenses. The rating system is a relative measurement and is not intended to measure the probability of a successful defense....

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