JACKSONVILLE, Fla. - More job cuts are coming at CSX Corp. this year, but new CEO James Foote says employees are supporting management's efforts to reform the Jacksonville-based railroad. Start the conversation, or Read more at Brotherhood of Locomotive Engineers and Trainmen.
Posts published in “Current railroad news”
Canadian National Railway has been assigned an average rating of "Buy" from the ten research firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. Start the conversation, or Read more at AmericanBankingNews.com.
Two Washington bills targeting trespassers in Clark County could have statewide implications for anglers and boaters. House Bill 2521 and Senate Bill 6152 would give counties authority to close roads and other public right-of-ways that abut a waterway for "the protection of public safety." Start the conversation, or Read more at The Spokesman-Review.
CSX has raised dividends for more than a decade and expects to pass along any tax reform benefit to its shareholders. CSX was able to achieve more than its targeted cash flow before dividends in 2017 as well as accomplished many of its efficiency improvement targets. Start the conversation, or Read more at Seeking Alpha.
Trinity Industries Inc was the recipient of unusually large options trading on Thursday. Stock traders purchased 4,437 put options on the company. Start the conversation, or Read more at AmericanBankingNews.com.
Cadence Capital Management LLC reduced its stake in shares of Union Pacific Co. by 3.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. Start the conversation, or Read more at Daily Political.
State of Alaska Department of Revenue raised its stake in CSX Co. by 531.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Start the conversation, or Read more at Daily Political.
Stelliam Investment Management LP Continues to Hold Holding in Tronox LTD ; State Of Tennessee Treasury Department Has Boosted Its Norfolk Southern Stake Ross Margolies increased its stake in Tronox Ltd by 6.51% based on its latest 2017Q3 regulatory filing with the SEC. Stelliam Investment Management Lp bought 162,500 shares as the company's stock rose…
The brokerage currently has a sell rating on the transportation company's stock. Several other analysts also recently commented on CSX. Start the conversation, or Read more at The Breeze.
Kansas City Southern released its quarterly earnings results on Friday. The transportation company reported $1.38 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.02, Bloomberg Earnings reports. Start the conversation, or Read more at The Breeze.