NEW YORK/MONTREAL (Reuters) - Shares of railroad operator CSX Corp (CSX.O) soared more than 7 percent on Thursday to a record high, after the company reported better-than-expected quarterly earnings and its new chief …
Mantle Ridge has said it owns about 4.9 percent of CSX's stock. Last week, CSX said Harrison's proposed pay package was estimated to be $300 million and said Mantle Ridge was seeking substantial representation on the company's …
Hilal, whose hedge fund owns 4.9 percent of CSX's stock, praised the board for agreeing to the changes. "The board is united behind a shared goal — creating value for shareholders and all stakeholders by implementing the precision …
as well as being promised options to buy up to 9 million shares of CSX stock at its share price on the day he took office. Shareholders are to vote on the $84 million reimbursement in May. Contact David Patch at: dpatch@theblade.com or …
Investors appeared to welcome the news of improved service. CSX’s stock was up almost 3 percent in Wednesday afternoon trading. The federal Surface Transportation Board has scheduled a hearing for next Tuesday on CSX’s service …
That would be good news for stockholders, since both railroads added greatly to their debt load to buy Conrail. CSX stock is roughly where it was two years ago, while Norfolk Southern shares are up slightly. CSX closed at $46.9375 on …
CSX) this week approved a $0.20 per share quarterly dividend on the company's common stock. The dividend is payable on December 15, 2017, to shareholders of record at the close of business on November 30, 2017. About CSX and its …
NEW YORK, April 20 (Reuters) - Shares of railroad operator CSX Corp jumped more than 6 percent on Thursday after the company reported better-than-expected quarterly earnings and its CEO said it aims at lower costs, including job …