CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal. Investors widely speculated that CSX ...
CSX (NASDAQ: CSX) faces a difficult strategic situation after Warren Buffett explicitly ruled out any acquisition interest. CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied ...
JACKSONVILLE, Fla. - CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that was made public this week. Ancora Holdings seeks to ...
CSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, ...
CSX (CSX) shares have edged slightly higher this week, gaining about 3% over the past seven days. Investors continue to watch how the rail giant is performing as ongoing shifts take place in the ...
CSX (NYSE: CSX) recently reported its Q4 results, with revenues missing and earnings meeting the street estimates. The company reported revenue of $3.54 billion and adjusted earnings of $0.42 per ...
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