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Why CSX Needs a ‘Kick in the Pants’—and What It Means for the Stock© Megan Varner/Bloomberg Activist investor Ancora wants CSX to pursue a merger.© Megan Varner/Bloomberg ...
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 ...
CSX shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held merger talks. CNBC also reported Berkshire is not in the market to buy a ...
A partnership between CSX CSX-3.60%decrease; red down pointing triangle and BNSF Railway to connect the east and west coasts sparked a debate as to whether the two railroad operators are testing a ...
Shares of CSX fell 5% on Monday after Buffett told CNBC he was not interested in a merger, dousing investor hopes that Berkshire's rail unit BNSF would acquire the rival railroad operator. A ...
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S.
A transportation investor issued a letter to the CSX board asking the railroad to pursue a merger with another railroad, or for the CEO to step down.
CSX and Burlington Northern Santa Fe announced a partnership on Friday, sending shares of CSX falling while the market roared higher. Investors were hoping for more.
Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.