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Stock Market & Financial Investment News

News Breaks
August 7, 2013
13:40 EDTCSXCSX acquires Eastern Associated Terminal in Tampa
CSX announced the purchase of the Eastern Associated Terminal in Tampa, Fla. from the Ingram Barge Company. The phosphate export facility is adjacent to CSX Transportation's Rockport terminal on Tampa Bay, and the combined entity will be called Rockport Terminals. As a result of the acquisition, CSX added 12 new positions for terminal operations to Rockport's current staff of 25. Shantel Johnson-Davis, who has led CSX's phosphates sales and marketing efforts in Tampa, was appointed assistant vice president and general manager phosphates and fertilizers, and will lead both commercial activities and operations at Rockport Terminals.
News For CSX From The Last 14 Days
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March 26, 2015
09:31 EDTCSXCSX downgraded to Neutral from Buy at Cleveland Research
Cleveland Research downgraded CSX to Neutral due to a more cautious view of the rail industry given rising labor costs, lingering near-term service issues, and slowing oil and gas related carload growth.
March 23, 2015
13:13 EDTCSXRailroad operators trade lower after Kansas City Southern reduces FY15 guidance
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