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CSX Corp: To Catch a Falling Train

2014-01-17 22:20:49| Railroads - Topix.net

Yesterday was a bad one for CSX Corp . Its shares plunged 6.8% after the train company missed earnings forecasts and offered poor guidance, as profits would be weighed down by coal.

Tags: train corp catch falling

 

CSX Corp. Plunges After Earnings Release, So Is It Time to Buy?

2014-01-17 11:56:46| Railroads - Topix.net

Despite CSX having a strong 2013, accompanied by a 42% rise in stock price, its fourth quarter brought a profit decline of 5%.

Tags: to time buy release

 
 

CSX Hard Put to Stay on Profit Track

2014-01-16 23:17:48| Railroads - Topix.net

CSX warned that it will be more difficult to reach its own profit targets for double-digit growth over the next two years because of ongoing weakness in demand for coal and because last year's results included several large, but one-time benefits.

Tags: put hard track stay

 

CSX 4Q profit down 5 per cent but railroad hauled more freight as economy improved

2014-01-16 10:49:09| Railroads - Topix.net

CSX railroad's fourth-quarter profit declined 5 per cent as coal demand remained weak, but the volumes it hauled grew as the economy improved.

Tags: more improved profit economy

 

UPDATE 3 -CSX 4th-qtr profit misses Street view; coal volumes weak

2014-01-16 06:34:43| Railroads - Topix.net

CSX on Wednesday posted a fourth-quarter profit that fell short of Wall Street's estimates as rising shipments of chemicals, autos and agricultural products failed to make up for weak coal volumes.

Tags: view street update profit

 

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