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Stock Market & Financial Investment News

News Breaks
March 26, 2014
11:51 EDTCSXCSX urges STB to reject flawed switching scheme
CSX Transportation opposes a proposal before the Surface Transportation Board that would create unpredictable traffic flows, reduce high levels of customer service achieved over the past few years, and diminish the company's incentive to keep investing at record levels in critically needed transportation infrastructure. "Our work is focused on achieving high levels of service reliability and predictability, which are critical elements in meeting our customers' needs," said Cressie Brown, CSX's vice president-service design, in prepared testimony before the STB. A proposal from the National Industrial Transportation League "would undermine much of what we have accomplished in the areas of reliability, efficiency and customer service." Brown pointed to information and data gleaned from CSX's Customer Advisory Councils and periodic surveys in which customers acknowledged improvements, but said they needed even more reliability to grow their own businesses. New or expanded businesses create job growth and economic development, and rail transportation's fuel efficiency offers significant environmental benefits.
News For CSX From The Last 14 Days
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January 16, 2015
10:01 EDTCSXOn The Fly: Analyst Upgrade Summary
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08:51 EDTCSXCSX upgraded to Positive at Susquehanna
As previously reported, Susquehanna upgraded CSX to Positive from Neutral, citing strong demand signals, expectations of accelerated pricing, and easier comps. Susquehanna raised its price target to $42 from $35 on CSX shares.
07:25 EDTCSXCSX upgraded to Positive from Neutral at Susquehanna
January 14, 2015
09:08 EDTCSXCSX sees a lot of pricing opportunities in intermodal in 2015
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08:16 EDTCSXCSX targets $2.5B of capital investment in 2015
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08:14 EDTCSXCSX says Q1 outlook is 'favorable'
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January 13, 2015
18:37 EDTCSXOn The Fly: After Hours Movers
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16:08 EDTCSXCSX expects to pricing to grow above inflation
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16:06 EDTCSXCSX up 1% to $33.91 following Q4 earnings report
16:06 EDTCSXCSX still sees double-digit EPS growth in 2015
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16:05 EDTCSXCSX reports Q4 EPS 49c, consensus 49c
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15:21 EDTCSXNotable companies reporting after market close
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14:22 EDTCSXJPMorgan January 58.5 straddle priced for 4.5% movement into Q4
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07:44 EDTCSXCSX January volatility elevated into Q1 and outlook
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