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CSX Ceo: Winter is coming, setting stage for steady growth
2014-10-16 04:07:55| Railroads - Topix.net
With CSX posting record third-quarter earnings, CEO Michael Ward said he is positive about the future of the company as he looks ahead to 2015. Part of that looking ahead includes being prepared for the coming winter, which will influence the amount of coal being transported, a mainstay in CSX's business.
Tags: coming
stage
growth
setting
CSX Ceo Warns About Railroad Mergers
2014-10-15 20:13:13| Railroads - Topix.net
CSX Corp. Chief Executive Michael Ward said Wednesday that railroad industry mergers could exacerbate congestion and traffic problems, not alleviate them. Mr. Ward wouldn't directly address Canadian Pacific Railway Ltd.'s proposed merger with CSX during his company's third-quarter earnings conference call with analysts.
Tags: ceo
railroad
mergers
warns
CSX announces record results in 3Q 2014
2014-10-15 16:16:10| Railroads - Topix.net
JACKSONVILLE, Fla. - CSX Corporation today announced record third quarter net earnings of $509 million, or $0.51 per share, up from net earnings of $455 million, or $0.45 per share, in the same period last year.
Tags: results
record
announces
csx
Business briefing: CSX rebuffs Canadian Pacific overture
2014-10-15 12:23:54| Railroads - Topix.net
Canadian Pacific Railway Ltd. approached CSX Corp. about a combination that would unite two of North America's largest railroad operators, said people briefed on the matter, as the boom in North American energy reshapes the railroad industry. CSX rebuffed the overture, made in the past week, the people said, and it isn't clear whether CP will persist.
Tags: business
pacific
canadian
briefing
CSX Beats Views On Crude Shipments, Bullish On 2015
2014-10-15 08:34:28| Railroads - Topix.net
Rail company CSX topped third-quarter estimates late Tuesday and forecast double-digit gains in the next fiscal year, buoyed by energy industry shipments and a stronger overall U.S. economy. Earnings rose 11% to 51 cents a share, topping views by 3 cents.
Tags: views
beats
crude
shipments
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