CSX shares fell on Friday after the company announced CEO Hunter Harrison has taken medical leave. The company has appointed James Foote, its chief operating officer, as acting CEO. CSX hired Harrison in March to help turnaround the company, and concerns had been raised about his health. Shares of the […]
A freight train more than 10,000 feet in...
CSX, one of the nation's largest railroads...
CSX, one of the largest railroad companies in...
Complicating the economic outlook further.
Rail giant CSX announced its third quarter results this afternoon, with earnings per share of $US0.46. Economists were expecting an EPS of $US0.43. The company also reported $US3 billion in revenue thanks to higher volume and pricing gains in merchandise. “CSX posted historically high financial results as it continued to […]
"...as the economy appears to be slowly gaining strength.”
[credit provider=”CSX” url=”http://www.csx.com/index.cfm/customers/maps/csx-system-map/”] We’re hearing more and more that there are two different stories going on in the U.S. economy: 1) the consumer is making a big comeback thanks in part to the recovering housing market and 2) business confidence is tumblingd due to policy uncertainty surrounding the fiscal cliff.Railroad […]
[credit provider=”CSX”] Railroad giant CSX announced it’s third quarter earnings last night. Earnings came in a penny ahead of expectations but revenue came in a little light.Overall volumes fell year-over-year.
[credit provider=”CSX” url=”http://investors.csx.com/phoenix.zhtml?c=92932&p=irol-reportsannual”] Railroader CSX will report second quarter results after the closing bell.Analysts polled by Bloomberg forecast revenue results improved less than 1 per cent to $3.04 billion, as net income advances a penny to $0.47.