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Stock Market & Financial Investment News

News Breaks
January 21, 2013
13:04 EDTCSXCSX announces a major track capacity expansion on its premier River Line
CSX announced a major track capacity expansion on its premier River Line between northern New Jersey and the Albany, N.Y., region. The $26M project, with plans for additional River Line capacity expansion in future years, will enable CSX to handle more trains and support the growth of crude oil moving by rail, intermodal shipments, automobiles and other businesses while maintaining strong service performance.
News For CSX From The Last 14 Days
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July 6, 2015
18:04 EDTCSXCSX announces train operations resume on Maryville, TN line
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08:39 EDTCSXStephens cuts estimates, price targets for Class I rail operators
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July 2, 2015
11:35 EDTCSXCSX says Tennessee derailment affecting shipments
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June 30, 2015
08:09 EDTCSXRail estimates need to come down further, says Citi
Citi analyst Christian Wetherbee noted that consensus estimates in the rail sector for Q2 EPS have fallen an average of 8% since the firm moved below consensus last month, but believes the numbers have to come down further. Wetherbee cut his Q2 estimates by another 5%, lowered Q3 by 4% and cut his forecast for 2016 EPS by 3% and lowered price targets on stocks in the space by 6% on average. Wetherbee added that he believes Union Pacific (UNP) and Norfolk Southern (NSC) have the highest the pre-announcement risk in the group and lowered his targets on those stocks, as well as for Canadian National (CNI), Canadian Pacific (CP), CSX (CSC) and Kansas City Southern (KSU).
June 29, 2015
13:47 EDTCSXSupreme court ruling could shift thermal coal sentiment, says Morgan Stanley
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June 24, 2015
07:33 EDTCSXHouse Transportation & Infrastructure Committee to hold a hearing
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