The stock is off about 10 percent since news of CSX problems came to light in July. Jason Seidl, an analyst at Cowen & Co, said the problems at CSX were bound to improve with time. "We have seen railroads be in far worse position and …
CSX stock prices jumped nearly 6 percent Monday following weekend reports the Jacksonville rail giant rejected a merger offer from Canadian Pacific Railway, Canada’s No. 2 rail carrier. Not that either side was talking. “CSX has a …
NEW YORK--(BUSINESS WIRE)--Mantle Ridge LP (“Mantle Ridge”), an investment firm that owns approximately 4.9% of the outstanding common shares of CSX Corp. (NASDAQ ... is to view it against the unaffected stock price of $36.88 …
NEW YORK (AP) — Upbeat earnings from Intel and CSX are sending stock futures higher. Investors are also preparing for the first earnings report from a big bank Wednesday as JPMorgan Chase releases quarterly results. Chipmaker Intel …
Chinese manufacturer ZTE has triggered a poll for its community-backed Project CSX. Three ideas for what kind of mobile ... It’s literally a ZTE Axon 7 with stock Android and a few tweaks like better camera performance. Voting goes through …
CSX Corp. jumped as much as 8 per cent after the close of trading in New York, following a report that Canadian Pacific Railway Ltd. approached the U.S. railroad about a takeover in January and was rebuffed. Shares rose to US$25.60 in …
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 percent of the railroad’s stock. …
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Shares of railroad operator CSX Corp soared more than 7 percent on Thursday to a record high, after the company reported better-than-expected quarterly earnings and its new chief executive officer outlined plans to improve margins and cut …
Shares of railroad operator CSX jumped Tuesday after the firm's newly minted CEO disclosed a $15 million stock purchase. Hunter Harrison, who was named the company's chief executive in March, bought 300,000 CSX shares at …