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) 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 ...
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 said Jan. 22 that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall. The ...
A partnership between CSX and BNSF Railway to connect the east and west coasts sparked a debate as to whether the two railroad operators are testing a merger or actually trying to avoid a full-on ...
Pressure continues to build on CSX (NASDAQ:CSX) to pursue a merger as Ancora Holdings indicates it could initiate a proxy fight if management declines to seek a tie-up with a competitor. The hedge ...
Monday - Friday, 6:00 - 7:00 PM ET In an interview with CNBC's Jim Cramer, CSX Joe Hinrichs detailed how government action is affecting the railroad company company. He said CSX's industrial ...
Joe Hinrichs was replaced by Steve Angel, who may be more likely to consider a merger on the heels of the Union Pacific and Norfolk Southern deal. By Peter Eavis CSX, a large freight railroad, said on ...
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