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Is CSX Doomed?

2016-01-13 05:45:27| Railroads - Topix.net

I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.

Tags: doomed csx

 

CSX revenue falls 13% as coal shipments fall

2016-01-13 02:40:36| Railroads - Topix.net

CSX Corp. said Tuesday that its fourth-quarter revenue fell by 13% as lower coal volumes, which has hurt the entire railroad sector, continued to weigh on the rail giant. The company managed to beat, however, Wall Street expectations for earnings, partly because of lower fuel costs and efficiency gains.

Tags: fall falls revenue coal

 
 

CSX Corp. says its fourth-quarter profit declined 5 per cent as coal...

2016-01-12 23:35:26| Railroads - Topix.net

CSX Corp. says its fourth-quarter profit declined 5 per cent as coal demand remained weak and total volume slipped 6 per cent. The results raise questions about the health of the overall economy because the Jacksonville, Florida-based railroad hauled less of most categories of freight in the quarter.

Tags: profit corp cent coal

 

Offload CSX Into Earnings

2016-01-12 20:25:10| Railroads - Topix.net

I am not sure the company has the will power to cut costs fast enough to maintain its EBITDA margins. CSX Corporation is set to report earnings today after-hours.

Tags: earnings csx offload

 

Weekly Investment Analysts' Ratings Updates for CSX

2016-01-12 19:25:21| Railroads - Topix.net

They now have a $34.00 price target on the stock. 1/5/2016 - CSX had its price target raised by analysts at Deutsche Bank from $30.00 to $31.00.

Tags: ratings updates investment weekly

 

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