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Today we're going to take a look at the well-established CSX Corporation ( NASDAQ:CSX ). The company's stock received a...
Shares of CSX Corp. are up about 4.3% in Thursday's pre-market trading after the transportation company approved an additional share repurchase of $5 billion and posted better-than-expected third ...
The CSX Transportation Building, the company's headquarters in Jacksonville, Florida. CSX Corporation is an American holding company focused on rail transportation and real estate in North America, among other industries. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merger.
CSX's fourth quarter profit slipped 13%, but the railroad hauled slightly more freight and kept its trains running smoothly. The volume of shipments the railroad delivered rose 1% even with all ...
CSX initially saw a 10% drop in its stock price, but turned around to hit a new 52-week high less than a month later (January 2018). [11] Harrison's successors have continued the shift to precision railroading, with most hump yards converted to flat yards, low volume shipping lanes eliminated and reductions in rolling stock and work force.
At first glance, the dividend yield of CSX (NYSE:CSX) is miserable at just 1.24%. However, when you consider the capital appreciation that has come along with the dividend income paid out over the ...
CSX Transportation owns and operates a vast network of rail lines in the United States east of the Mississippi River.In addition to the major systems which merged to form CSX – the Baltimore and Ohio Railroad, Chesapeake and Ohio Railway, Louisville and Nashville Railroad, Atlantic Coast Line Railroad and Seaboard Air Line Railroad – it also owns major lines in the Northeastern United ...
CSX's revenue declined 3% to $3.7 billion as the decline in diesel prices generated smaller fuel surcharges for the railroad. The revenue was just below the $3.73 billion that analysts predicted.