News

Activist investor Toms Capital is seeking a meeting with the board of railroad operator CSX Corp. (NASDAQ:CSX) after recently ...
Speculation about CSX's future has come into sharper focus in the wake of rival railroad Union Pacific's decision in July to ...
Activist investor Ancora Holdings, which recently announced it had taken an increased stake in CSX, is increasing pressure on the railroad to pursue a merger. The hedge fund today released a letter it ...
(Reuters) -CSX and Berkshire Hathaway-owned BNSF on Friday announced new coast-to-coast services to boost freight ...
Ancora called on CSX to engage with both BNSF and CPKC, as "no railroad has more to lose" if the Union Pacific-Norfolk ...
CSX Corp. is under pressure from at least two hedge funds to either seek a merger with a large western railroad, similar to ...
Ancora is pressuring CSX ( NASDAQ: CSX) to explore a merger with either Berkshire Hathaway-owned BNSF or Canadian Pacific Kansas City Southern ( CP) and kick-start the process by engaging an ...
The Bottom Line In a nutshell, CSX has been trudging along with the same returns from the same amount of capital over the last five years. Since the stock has gained an impressive 53% over the ...
CSX Corporation ( NASDAQ: CSX) traded lower on Monday after BMO Capital Markets downgraded the rails stock to a Market Perform rating after having it slotted at Outperform. Analyst Faadi Chamoun ...
NEW YORK (Reuters) -Hedge fund Toms Capital Investment Management has requested to meet with the board at U.S. railroad operator CSX after recently buying a stake, people familiar with the matter said ...