The U.S. Senate on Thursday voted 80-15 in favor of a bill that would prevent a rail strike by imposing a deal on freight-rail workers, after rejecting a separate House-passed Read more
Tag: CSX Corp.
‘A rail shutdown would devastate our economy’: Biden urges Congress to head off potential strike
OMAHA, Neb. — President Joe Biden on Monday asked Congress to intervene and block a railroad strike before next month’s deadline in the stalled contract talks, following pressure by business Read more
CSX set to boost rail network performance, say analysts
CSX, which delivered a third-quarter earnings beat and robust guidance last week, is well positioned to boost the performance of its rail network, analysts say. The railroad company’s stock rose Read more
CSX stock rallies after Q3 results beat, as higher prices lift results
Shares of rail operator CSX Corp. moved higher after hours on Thursday after the company reported third-quarter results that beat estimates, helped by higher prices and fuel surcharges. CSX CSX, Read more
CSX, Norfolk Southern stocks sink to near 2-year lows after UBS downgrades, citing a ‘deteriorating’ outlook
Shares of CSX Corp. and Norfolk Southern Corp. both sank toward the lowest levels in nearly two years Tuesday, after UBS analyst Thomas Wadewitz backed away from his long-time bullish Read more
Dow turns lower after morning gains as Wall Street struggles to recover from worst selloff in two years
U.S. stock indexes traded slightly lower on Wednesday after shedding morning gains, as data showed that costs for wholesale goods and services fell for the second month in a row, Read more
Here are 5 things we’ve learned so far from earnings season
Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at least five major talking points have emerged — some quite surprising — since earnings season Read more
Here are 5 things we’ve learned so far from earnings season
Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at least five major talking points have emerged — some quite surprising — since earnings season Read more