Shares of railroad company CSX Corporation (NASDAQ:CSX) fell more than 5% on Wednesday following the company’s latest earnings report. Fundamentally speaking, the stock remains in a strong position and Wednesday’s price action …
The CSX turnaround trade just got complicated. CSX (ticker: CSX) stock sold off sharply early Thursday on unexpected news that a much-anticipated investor day …
The stock market fell again on Wednesday in part on worries that ... Among the high tax stocks stocks that hedge funds dumped were drugstore owner CVS Caremark Corp., train company CSX Corp. and automotive parts retailer O'Reilly …
Net income also inched higher by 1% to $459 million, and the resulting earnings of $0.51 per share matched the consensus forecast among those following the stock. From a fundamental viewpoint, CSX saw the biggest gains from …
Obviously, CSX isn’t the only company in the railroad business. But because of its coal woes, the company has commanded a relatively low valuation lately compared to all of its peers other than Norfolk Southern Corp. (NYSE:NSC): …
In April, the Associated Press reported that new CSX CEO Hunter Harrison had invested more than $15 million in the railroad's stock. Harrison said in documents filed with the Securities and Exchange Commission that he bought …
The moves alarmed investors, who drove down CSX's share price by 3.3 per cent …