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CSX plans to cut 300 management workers, most in Jacksonville

2014-11-12 00:31:41| Railroads - Topix.net

CSX Corp. plans to cut 300 management workers, most of them from its Jacksonville headquarters, through buyouts by the end of the year, according to a company spokeswoman. CSX Corp., a railway operator with about 3,600 employees in Jacksonville, is making the cuts as part of an ongoing effort to reduce expenses, Cost said.

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CSX may buy 550 Water Street Building

2014-11-08 18:14:15| Railroads - Topix.net

The Jacksonville-based transportation company leases almost 75 percent of the structure, which sits next to its riverfront headquarters at 500 Water St. Should a sale take place by year-end, it would be the sixth Downtown high-rise to be sold within a year. On the Northbank, the Wells Fargo Center was sold in June, the Bank of America Tower in July and EverBank Center in September.

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Asbestos appeal dropped, CSX awarded $7.3 million

2014-11-08 10:50:23| Railroads - Topix.net

CSX Transportation announced Thursday it had reached a settlement agreement with attorneys and a radiologist who allegedly filed fraudulent asbestos claims against the company.

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Norfolk Southern Rises as Ackman Sees CSX Rival as CP Target

2014-11-08 02:20:53| Railroads - Topix.net

Norfolk Southern Corp. rose for a third straight day after activist investor Bill Ackman said Canadian Pacific Railway Ltd. may pursue a rival to one-time target CSX Corp. While Ackman didn't name Norfolk Southern in remarks yesterday at the Invest for Kids conference in Chicago, he described the possible takeover target in relation to CSX. Norfolk, Virginia-based Norfolk Southern and CSX go head-to-head in the U.S. east of the Mississippi River.

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CSX Corp. Once Again Tops List of Florida's Most Honored Companies in ...

2014-11-05 10:07:57| Railroads - Topix.net

CSX Corp. claims six top-ranked positions in the 2015 All-America Executive Team survey, Institutional Investor's annual poll of investors and sell-side analysts regarding America's top executives, IR professionals and IR programs. The transportation supplier's CFO Fredrik Eliasson, IR Professional David Baggs and IR program each claimed at least one published spot, placing CSX among a select group of Most Honored Companies.

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