(Reuters circulated the following story on April 9.)
NEW YORK — Shares of railroad CSX Corp. rose more than 4 percent before the bell on Monday after CNBC television reported that Warren Buffett’s Berkshire Hathaway Inc. had bought stakes in two unidentified railroad companies besides Burlington Northern Santa Fe Corp. (BNI.N: Quote, Profile, Research).
CSX shares rose to $42.75 in electronic trade, from a close of $40.96 on the New York Stock Exchange.