The railroad also agreed to give Harrison options on 9 million shares of CSX stock. Harrison has told the company that he will resign his position if the entire package is not approved. He also has invested more than $15 million in the railroad’s …
At the end of 2007, the Children’s Investment Fund, known in court papers as T.C.I., and 3G Capital Partners, another hedge fund, announced that they owned just under 9 percent of CSX’s stock as well as cash-settled derivatives equal …
Harrison then told the newspaper that doctors had cleared him to work. CSX's stock slid more than 12 percent to $50.34 before the market open.
JACKSONVILLE, Fla. (AP) — Shares of CSX slid Friday after the railroad said CEO Hunter Harrison will take a medical leave "due to unexpected complications from a recent illness." Harrison, who has engineered turnarounds at three …
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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 …
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 …
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 …
(AP) — Shares of CSX are falling sharply at the opening bell after the railroad said CEO Hunter Harrison will take a medical leave "due to unexpected complications from a recent illness." Operating Chief James Foote will serve as acting CEO …
JACKSONVILLE, Fla. — Shares of CSX slid Friday after the railroad said CEO Hunter Harrison will take a medical leave "due to unexpected complications from a recent illness." Chief Operating Officer James Foote will serve as acting CEO …