April 27, 2012 | CSX, Headlines
(Source: Baltimore Sun, April 26, 2012) BALTIMORE, Md. — Mayor Stephanie Rawlings-Blake is urging CSX Transportation to find a site in the city for its multi-million dollar cargo transfer center rather than look for a site in suburbs to the south. In a letter to CSX...
April 26, 2012 | CSX, Headlines
(Source: CSX press release, April 17, 2012) JACKSONVILLE, Fla. – April 17, 2012 – CSX Corporation (NYSE: CSX) today announced first quarter net earnings of $449 million, or $0.43 per share, versus $395 million, or $0.35 per share, in the same period last year. This...
April 23, 2012 | CSX, Headlines
(Source: Associated Press, April 20, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on April 20, including CSX, which rose 0.2 percent, and Norfolk Southern, which rose 1.2 percent. Full story: CBS News
April 20, 2012 | CSX, Headlines, UP
(Source: Associated Press, April 19, 2012) OMAHA, Neb. — Strong earnings reports from Union Pacific and CSX show that the U.S. economy is continuing its long, slow recovery. Full story: Myrtle Beach Online
April 19, 2012 | CSX, Headlines
(Source: Reuters, April 18, 2012) NEW YORK — Railroad operator CSX Corp on Wednesday said utility coal is its only business with an unfavorable second-quarter outlook, and it still expects record profit for the year and export coal volume near last year’s record...
April 19, 2012 | CSX, Headlines
(Source: MarketWatch.com, April 18, 2012) NEW YORK — CSX Corp. furloughed about 280 employees in the first quarter and put about 100 locomotives into storage, in what Chief Executive Michael Ward characterized as a “surgical” response to a big downturn in...
April 18, 2012 | CSX, Headlines
(Source: Associated Press, April 17, 2012) JACKSONVILLE, Fla. — Higher rates helped freight railroad CSX Corp. boost profits by 14 percent despite a drop in coal shipments. CSX said Tuesday that it earned $449 million, or 43 cents per share, in the first...
April 18, 2012 | CSX, Headlines
(Source: Reuters, April 17, 2012) NEW YORK — CSX Corp reported higher first quarter earnings that beat Wall Street forecasts, as increased merchandise and intermodal shipments more than offset weakness in the coal segment and expenses declined. Full story:...
April 17, 2012 | CSX, Headlines
(Investor’s Business Daily, April 16, 2012) NEW YORK — Analysts are expecting CSX Corp. (CSX) to report increases in profit and revenue, as the company leads the way for railroads reporting first-quarter results after the market closes on April 17. Full story:...
April 13, 2012 | CSX, Headlines
(Source: Forbes, April 12, 2012) NEW YORK — Analysts have become increasingly bearish on CSX in the month leading up to the company’s first quarter earnings announcement schedule for Tuesday, April 17, 2012. The consensus analyst estimate has moved from 40 cents a...
