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 ...
CSX (NASDAQ:CSX) stock experienced a 5% increase in after-market hours on July 16, following a Semafor report indicating that Union Pacific (NYSE: UNP) is considering the acquisition of an East Coast ...
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 (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 ...
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 ...
CSX Corporation (NASDAQ:CSX), a leading rail-based freight transportation company in North America, finds itself at a critical juncture as it navigates through a complex landscape of industry ...