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 …
On Tuesday, CSX Corporation (NYSE:CSX) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they’ll do before they announce results, leaving you fully …
Pullbacks to its 80-day moving average have been "buy" signals in the past for CSX CSX stock has more than doubled from its early February 2016 lows, and hit an all-time high of $55.47 as recently as July 13. In the wake of the shares' …
CSX shares fell more than 4 percent in after-hours trading as the railroad company reiterated its outlook for the year, disappointing analysts and investors. Analysts had been anticipating CSX's earnings guidance to $1.20 a share. …
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For the first 40 weeks of the year, United States rail traffic declined 6.9% on a year-over-year basis. More specifically, in CSX’s third quarter, revenue slid 8%. Let’s break down that revenue: Those aren’t good numbers, but Industrial is 38% …
At Stock Options Channel, our YieldBoost formula has looked up and down the CSX options chain for the new August 2015 contracts and identified one put and one call contract of particular interest. The put contract at the $35.00 strike …
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 …
The company’s stock dropped about 6 percent following the announcement, …
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 …