June 12, 2008 | CSX, Headlines
(Reuters circulated the following on June 11.) CHICAGO — A federal judge ruled on Wednesday that two investment firms waging a proxy battle at railroad CSX Corp. violated securities law in acquiring large stakes in the rail company, but allowed them to continue their...
June 11, 2008 | CSX, Headlines
(The following story by James Quinn appeared on The Telegram website on June 11.) LONDON — TCI’s audacious attempt to gain five seats on the 12-man board of US railroad giant CSX could be referred to the all-powerful Committee on Foreign Investment in the US...
June 10, 2008 | CSX, Headlines, NS
(The Associated Press circulated the following on June 9.) WASHINGTON, D.C. — A coal industry-backed group spent nearly $1.9 million lobbying in the first quarter as it fought congressional efforts to combat global warming through mandatory reductions in carbon...
June 10, 2008 | CSX, Headlines
(The following column by Andrew Ross Sorkin appeared on the New York Times website on June 10.) NEW YORK — Lou Dobbs, wearing an American flag pin in his left lapel, introduced a segment on his CNN program last week with his trademark outrage. “Tonight, there is a new...
June 10, 2008 | CSX, Headlines
(Reuters circulated the following on June 9.) NEW YORK — TPG Axon Capital Management, a $16 billion hedge fund group and major shareholder in CSX Corp., has thrown its support behind a dissident proxy campaign at the rail company, a person familiar with the situation...
June 10, 2008 | CSX, Headlines
(The Associated Press circulated the following on June 9.) NEW YORK — Freight railroad operator CSX Corp. and dissident shareholders laid out their cases to a prominent advisory firm Monday, as they prepare for a proxy fight and reiterate their differing plans for the...
June 9, 2008 | CSX, Headlines
(The following story by Pam Rigaux appeared on the News-Post website on June 8.) POINT OF ROCKS, Md. — A freight train heading east on the rail line that carries the Brunswick MARC trains derailed Saturday afternoon. No one was hurt in the derailment, though one...
June 6, 2008 | CSX, Headlines
WASHINGTON, D.C. — Sen. Robert Menendez is worried about foreign owners taking greater control of CSX Corp., a major U.S. freight railroad. The New Jersey Democrat and five other senators have written to the Bush administration, seeking an investigation into the...
June 6, 2008 | CSX, Headlines
(Reuters circulated the following on June 5.) CHICAGO — The U.S. Securities and Exchange Commission has weighed in on a legal dispute between CSX Corp. and two money managers trying to wage a proxy fight at the company, saying it disagrees with the railroad’s...
June 5, 2008 | CSX, Headlines
(The following story by Tom Palmer appeared on The Ledger website on June 4.) BARTOW, Fla. — Regional planners have set a hearing for Aug. 13 to examine plans for a controversial rail freight terminal in Winter Haven. The time and location for the hearing before the...
