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CSX (CSX) reported earnings 30 days ago. What's next for the stock?
JACKSONVILLE, Fla. and FORT WORTH, Texas, Aug. 22, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) (CSX) and BNSF today announced several new intermodal service products that will offer customers seamless, efficient, coast-to-coast solutions to ship between the western and eastern U.S.
CSX faces investor pressure as Ancora Holdings urges the board to explore merger options amid weak performance and rising competition in the rail industry.
If you tune into financial media, you'll likely be bombarded with coverage about the ongoing AI-fueled market rally. While the technology sector receives the bulk of investors' fanfare, this year, it's neck and neck with industrials.
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”) today disclosed the below letter sent to the Board of Directors (the “Board”) of CSX Corporation (NASDAQ: CSX) (“CSX” or the “Company”) on August 6, 2025. Since sending this letter via private channels, CSX has ignored us and not even confirmed receipt of our correspondence. As this occurred, trusted sources informed us that the Company's advisors appeared to be breaching their ethical obliga.
The hedge fund, which had also agitated at Norfolk Southern, is prepared to launch a proxy fight if needed.
Hedge fund Toms Capital Investment Management has requested to meet with the board at U.S. railroad operator CSX after recently buying a stake, people familiar with the matter said, raising speculation the firm may push for a possible merger.
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CSX Corporation (NASDAQ:CSX ) Deutsche Bank US Transportation Conference 2025 August 11, 2025 9:00 AM ET Company Participants Kevin S. Boone - Executive VP & Chief Commercial Officer Conference Call Participants Richa Harnain - Unidentified Company Richa Harnain Hello, everyone.
JACKSONVILLE, Fla., Aug. 06, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address Deutsche Bank's 2025 Transportation Conference in New York on Tuesday, August 12th, at 9:00 a.m. Eastern time.