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Stock Market & Financial Investment News

News Breaks
November 6, 2013
14:06 EDTCSXCSX backs view of FY13 EPS growth slightly up from last year
FY13 EPS consensus $1.83. CSX CFO Fredrik Eliasson, at the Baird Industrials Conference, reiterated expectations for 2013 earnings per share growth that will be slightly up from last year despite continued headwinds in both the export and domestic coal markets. The company expects merchandise and intermodal businesses to continue growing at a rate above the general economy, Eliasson noted. Intermodal, a key driver of growth, now represents 40% of overall volume and is expected to increase further, the CFO added.
News For CSX From The Last 14 Days
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March 31, 2015
12:11 EDTCSXRailroad sector downgraded to Market Underperform at Avondale
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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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