The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal. Investors widely speculated that CSX ...
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 ...
JACKSONVILLE, Fla. - CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that was made public this week. Ancora Holdings seeks to ...
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 ...
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's Q3 2025 revenue of $3.59 billion slightly missed expectations year-over-year but beat consensus, with adjusted EPS of $0.44 surpassing estimates despite a goodwill impairment. Excluding a ...
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 ...