Railroads were the tech trade of the mid-19th century, and while they’ll never regain that stature, they’re suddenly interesting again. A sudden urge to merge will do that to a sector that includes ...
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
In an interview with CNBC's Jim Cramer, CSX Joe Hinrichs detailed how government action is affecting the railroad company, saying its industrial development business is growing as companies react to ...
Investors looked past a 22% drop in CSX’s third-quarter earnings Oct. 16 and focused on the direction the railroad’s new CEO might take it and the possibility of any strategic deals. CEO Steve Angel ...
Shares of CSX Corp. CSX slipped 1.07% to $27.84 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.74% to 5,525.21 and the ...
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
CSX railroad's CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the business grow. As merger rumors swirl in the industry, the Jacksonville, ...
CSX Corporation (NASDAQ:CSX), a leading rail-based freight transportation company in North America, finds itself at a critical juncture as it navigates through a complex landscape of industry ...
In a shareholder-friendly move, CSX Corporation CSX has announced a hike in its dividend payout. CSX’s board of directors has approved a dividend hike of 9.1%, thereby raising its quarterly cash ...
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