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Stock Market & Financial Investment News

News Breaks
August 21, 2012
12:42 EDTCSXTwo women killed by CSX train derailment in Maryland, Reuters reports
Two women were killed and several cars were crushed by a CSX Corp (CSX) freight train carrying coal that derailed west of Baltimore, Maryland, Reuters reports. Police say 21 of the train's 80 cars left the tracks in the accident. The cause of the wreck has not yet been determined. Reference Link
News For CSX From The Last 14 Days
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May 21, 2013
07:23 EDTCSXWolfe Trahan to host a conference
6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23.
May 15, 2013
07:33 EDTCSXNational Association of Business Economics to hos a conference
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May 9, 2013
11:03 EDTCSXCSX CFO Fredrik Eliasson reaffirms 2013 view as a transitional year
On the company presentation, at the Well Fargo Industrial & Construction Conference, the CFO restated expectations of 2013 being another transition year, expecting full-year EPS to be flat to slightly down from 2012 as the railroad company continues to face headwinds in coal. The company sees earnings growth and operating ratio improvement in 2014 and 2015. Over those two years, CSX is targeting average annual earnings per share growth of 10% to 15% off the 2013 base.

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