Edward Jones analyst Dan Sherman said in a research note that he expects CSX to continue improving efficiency, so the stock is attractive at current prices. CSX shares were down 63 cents, or about 1 percent, at $57.50 in extended trading …
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CSX stock had been a big winner in 2017 on Harrison's turnaround plan for the railroad, but dipped badly on Friday after CSX announced that the 73-year-old Harrison was taking a medical leave. On Saturday, CSX announced that Harrison …
CSX Corp.'s stock stabilized on Monday in a sign of confidence that acting Chief Executive Officer Jim Foote can steer the No. 3 U.S. railroad in the short term, but analysts said longer term a more experienced executive will be needed to …
Shares of CSX Corporation rebounded to close up 1.25 percent Monday in the wake of CEO and railroad turnaround specialist Hunter Harrison's passing on Saturday. Shares had early fallen near 2 percent in early trade. The executive …
Word that Mantle Ridge bought 4.9 percent of CSX’s stock and wanted to install Harrison in the top spot first broke in January. By February, the company announced that its two top executives were retiring and that 1,000 managers would …
CSX’s stock has risen slightly this week despite Saturday's death of the man who had been hired to bring the railroad new profitability. Though the stock fell Friday with news of his illness, it closed at $55.41 on Wednesday. Hunter Harrison’s …
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 …
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CSX Corporation (Nasdaq: CSX) stock fell nearly 7 percent Friday after investors were caught off guard by an announcement that CEO Hunter Harrison will be take a medical leave of absence. Harrison was named CEO in March, …
CSX Corp's stock stabilized on Monday in a sign of confidence that acting Chief Executive Officer Jim Foote can steer the No. 3 U.S. railroad in the short term, but analysts said longer term a more experienced executive will be needed to …
The CSX board then named Foote, the chief operating officer, as acting CEO. CSX’s stock was under $37 a share in mid-January when word of Harrison’s interest in the company first hit the news. It rose to over $47 in the next week. It …