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News Breaks | | | | February 10, 2013 | | 17:01 EDT |  | CSX | CSX could ascend about 33% this year, Barron's says
It could be time for investors to return to CSX (CSX) now that the company is more diversified and coal demand is stabilizing. Shares could increase about 33% while paying a 2.6% dividend yield, Barron's contends. Reference Link | |
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News For CSX From The Last 14 Days Check below for free stories on CSX the last two weeks. |
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| May 15, 2013 | | 07:33 EDT |  | CSX | National Association of Business Economics to hos a conference
 Subscribe for More Information | | | May 9, 2013 | | 11:03 EDT |  | CSX | CSX 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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