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Should You Consider CSX Corporation For Your Portfolio?
2015-10-20 16:21:59| Railroads - Topix.net
Besides CSX's ability to keep itself profitable, the company has also consistently been able to add to shareholder value. CSX will perform well in the medium to long term due to it's leadership position in the market and because of its well managed business.
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corporation
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csx
Coal is still the story at CSX
2015-10-19 18:20:38| Railroads - Topix.net
When we talked to CEO Michael Ward about CSX Corp.'s third-quarter earnings last week, we skipped over the state of coal shipments because, frankly, that's all anybody seems to talk about with CSX and it's getting old. The outlook for coal remains 'bleak,' which seems to be the 'new normal' for CSX, RBC Capital Markets analyst Walter Spracklin said in a research note after the company's earnings report.
CSX Corporation Will Do Just Fine
2015-10-19 15:05:34| Railroads - Topix.net
Revenue has fallen by almost 10% during the quarter while earnings per share went up thanks to the buybacks the company has been initiating. Commodity woes will likely drag on for a prolonged period of time and CSX is in a strong financial position to ride out that storm.
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corporation
csx
CSX Earns Hold Rating from Deutsche Bank
2015-10-18 22:16:44| Railroads - Topix.net
's stock had its "hold" rating reissued by equities researchers at Deutsche Bank in a report released on Sunday, MarketBeat Ratings reports. They presently have a $30.00 target price on the transportation supply company's stock.
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Credit Suisse Cuts CSX Price Target to $31.00
2015-10-18 06:45:11| Railroads - Topix.net
The brokerage currently has an "outperform" rating on the transportation supply company's stock. Credit Suisse's price target points to a potential upside of 13.01% from the stock's current price.
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