June 19, 2008 | CSX, Headlines
(The following story by Susan Kitchens appeared at Forbes.com on June 18.) NEW YORK — CSX lashed out Wednesday against a major proxy advisory firm that put its weight behind activist the Children’s Investment Fund, a dissident shareholder trying to get representation...
June 18, 2008 | CSX, Headlines
(Reuters circulated the following on June 17.) NEW YORK — A major proxy solicitation service on Tuesday recommended that shareholders of rail company CSX Corp. favor of four nominees from a dissident shareholders’ group, a major endorsement of the alternative...
June 18, 2008 | CSX, Headlines
(Reuters circulated the following on June 17.) WASHINGTON, D.C. — Legislation might be needed to impose stiffer penalties against hedge funds that improperly conceal their corporate holdings through the use of equity swaps, a senior member of the Senate Banking...
June 17, 2008 | Commuter Rail, CSX, Headlines
(The following story by Dan McDonald appeared on the Metrowest Daily News website on June 16.) FRAMINGHAM, Mass. — The scene is a familiar one for downtown motorists. A gate descends near the intersection of routes 126 and 135 with the requisite flashing lights and...
June 17, 2008 | CSX, Headlines
(The following appeared at FINalternatives.com on June 17.) A pair of proxy advisers has dealt a setback to the activist hedge funds seeking to elect a dissident slate to CSX Corp.’s board of directors. Proxy Governance has recommended that shareholders vote for only...
June 17, 2008 | CSX, Headlines
(The Associated Press circulated the following on June 16.) NEW YORK — Advisory firm Proxy Governance on Monday recommended shareholders of freight railroad CSX Corp. support two out of five board contenders nominated by a group of dissident shareholders. The firm...
June 17, 2008 | CSX, Headlines
(Bloomberg News circulated the following story by Angela Greiling Keane on June 16.) NEW YORK — CSX Corp. shareholders should vote for the railroad’s board slate over nominees backed by hedge funds TCI Fund Management LLP and 3G Capital Partners Ltd., a proxy...
June 17, 2008 | CSX, Headlines
(CSX issued the following on June 16.) JACKSONVILLE, Fla. — CSX Corporation NYSE: CSX today announced that it has sent a letter to all CSX shareholders in connection with the Company’s annual meeting of shareholders on Wednesday, June 25, 2008. The CSX Board of...
June 16, 2008 | CSX, Headlines
(The following story by Matt Michael appeared at Syracuse.com on June 15.) SYRACUSE, N.Y. — No one was injured Sunday night when three CSX cars from two trains derailed after the trains collided on the tracks that run parallel to Ellis Street near the border of the...
June 16, 2008 | Commuter Rail, CSX, Headlines
(The following story by Cailin McGough appeared on the Frederick News-Post website on June 15.) FREDERICK, Md. — As temperatures climb above 100 degrees, heat restrictions can mean a slower ride home for MARC train riders. Restrictions limit speed on the track in case...
