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Trade associations file brief in support of TCI in CSX row

(Dow Jones Newswires circulated the following story by Shara Tibken on June 4.) NEW YORK — In the latest action surrounding swaps disclosures, two financial trading institutions expressed their support for The Children’s Investment Fund’s fight against CSX...

CSX holds earnings forecast in shareholder letter

(The Associated Press circulated the following on June 3.) NEW YORK — Railroad operator CSX Corp. on Tuesday reaffirmed its earnings growth predictions through 2010 as it again urged shareholders to fight a board takeover by two activist hedge funds. The company still...

CSX says hedge funds have no plan for the company

(Reuters circulated the following on June 3.) BOSTON — U.S. railroad CSX Corp., locked in a proxy battle with two hedge funds, urged shareholders in a letter on Tuesday to vote against the activist investor group’s proposed slate of five directors, saying they...

U.S. rails ready for fall peak; Coal a concern – CSX

(Dow Jones Newswires circulated the following story by Doug Cameron on June 3.) CHICAGO — U.S. railroad capacity will be adequate for the annual fall traffic spike, though the booming export coal market could face some congestion issues, according to the head of CSX...

CSX says hedge funds have no plan for the company

(Reuters circulated the following on June 3.) BOSTON — U.S. railroad CSX Corp., locked in a proxy battle with two hedge funds, urged shareholders in a letter on Tuesday to vote against the activist investor group’s proposed slate of five directors, saying they...

CSX stock holders in unions should reject TCI

(Bloomberg News circulated the following story by Angela Greiling Keane on May 30.) NEW YORK — CSX Corp. shareholders who belong to two Teamsters rail unions should support the carrier’s board slate over nominees backed by activist investor TCI Fund Management...

Railroads roll with a greener approach

(The following story by Alex Roth appeared on the Wall Street Journal website on May 29.) NEW YORK — A new CSX Corp. radio ad declares that even the most fuel-efficient hybrid car can’t compete with a train, which “can move a ton of freight 423 miles on a...