This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:American Railcar Industries, Inc. Reports Results for the Third Quarter Ended September 30, 2009 2009-11-04 18:29 ET - News Release 
ST. CHARLES, Mo. -- (Business Wire)
American Railcar Industries, Inc. (ARI or the Company) (NASDAQ: ARII)
today reported its third quarter 2009 financial results.
“We shipped approximately 610 railcars in the third quarter of 2009,
resulting in EBITDA of $9.1 million and net earnings of $1.1 million,”
said James Cowan, President and CEO of ARI. “As the weak economy is
driving low demand for railcars, we shipped 71% fewer railcars in the
third quarter of 2009 as compared to the same quarter of 2008. The weak
railcar market has and will continue to require us to evaluate our
production levels at all manufacturing locations and we plan to continue
to adjust our workforce and production levels as needed. In addition, we
have reduced overhead costs at all manufacturing locations as a result
of reduced spending. Our railcar services segment continues to
experience strong results with revenues increasing 32% in the third
quarter of 2009 compared to the same quarter of 2008. Our balance sheet
continues to be strong with $287.1 million in cash and $50.1 million in
short-term investments.”
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