CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
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 ...
A CSX train struck an occupied vehicle at a railroad crossing in Brinson Monday night. “At approximately 8:32 p.m. ET on ...
CSX (NASDAQ: CSX) faces a difficult strategic situation after Warren Buffett explicitly ruled out any acquisition interest. CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied ...
CSX (NASDAQ:CSX) stock experienced a 5% increase in after-market hours on July 16, following a Semafor report indicating that Union Pacific (NYSE: UNP) is considering the acquisition of an East Coast ...
NEW YORK (Reuters) -Hedge fund Toms Capital Investment Management requested to meet with the board at CSX after recently buying a stake in the U.S. railroad operator, people familiar with the matter ...
A partnership between CSX and BNSF Railway to connect the east and west coasts sparked a debate as to whether the two railroad operators are testing a merger or actually trying to avoid a full-on ...
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