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 …
(Reuters) - 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, following the sudden death of the firm's CEO on Saturday. However, …
JACKSONVILLE - Railroad operator CSX Corp. said Tuesday it will repurchase an additional $1 billion in company stock, raise its dividend by 25 percent and make $6.4 billion in capital expenditures over the next four years. The additional …
Since CSX hired Harrison as CEO in March, the company has slashed its management ranks by 950 people and spent …
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.
He was also cited by deputies. According to the lawsuit, four of the five tracks in the vicinity of the crossing contained parked CSX engines or rolling stock which “obstructed the motorists’ view of oncoming train traffic.” Gates at the …
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. …
Following the surprise announcement of CEO Hunter Harrison's resignation from Canadian Pacific Railway Limited (USA) (NYSE: CP), the Wall Street Journal reported that he would be partnering with activist investor Paul Hilal to pursue CSX
CSX Long-Term Chart (1993-2017) It broke out above multiyear resistance near $3.50 (post three stock splits) in 1991 and entered an uptrend that topped out at $10.41 in 1997, at the same time the Asian Contagion infected world markets. …