JACKSONVILLE, Florida - New CSX CEO Hunter Harrison has invested more than $15 million in the railroad's stock. Harrison said in documents filed with the Securities and Exchange Commission Tuesday that he bought 300,000 …
CSX said that it still projected a decline for earnings per share and revenue in 2016. Following the news, CSX stock jumped 3.35% to $27.92 a share as of 3:11 p.m. ET. Follow us on:
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 …
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 …
On January 18, 2017, Mantle Ridge advised CSX that Mantle Ridge had recently become a CSX shareholder owning less than 5 percent of the Company’s stock. Mantle Ridge also advised CSX that Mr. Harrison had terminated his …
The railroad said the hedge fund and railroad executive Hunter Harrison want excessive compensation and enough board seats to effectively control CSX even though the Mantle Ridge fund controls less than 5 per cent of the railroad’s stock. …