Shares of railroad operator CSX Corp soared more than 7 percent on Thursday to a record high, after the company reported better-than-expected quarterly earnings and its new chief executive officer outlined plans to improve margins and cut …
The season starts off slowly this week with Alcoa reporting, and a handful of other names in the Industrials and banking sector. The first quarter 2016 earnings season unofficially kicks off after tomorrow’s closing bell when Alcoa reports. …
OMAHA, Neb. (AP) — CSX railroad said Wednesday that its service is improving after a summer marked by delays as it overhauled its operations. But despite the reported improvements, the Jacksonville, Florida-based railroad trimmed its …
CSX Corp. may boost the stock portion of its $8.5-billion bid for Conrail Inc., Bradley Jones, a Conrail director, testified at the second day of hearings in Philadelphia on Norfolk Southern Corp.'s lawsuit to block CSX's tender offer for Conrail …