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CSX Corporation (CSX)

  • Jul. 10, 2013, 5:13 PM
    CSX Corporation (CSX) declares $0.15/share quarterly dividend, in line with previous. Forward yield 2.51%. For shareholders of record Aug. 30. Payable Sept. 13. Ex-div Aug. 28. (PR)
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  • Jul. 9, 2013, 2:48 PM
    Railroad stocks move higher with M&A chatter in the sector picking up again and more forecasts out that supply chain managers will have a bigger incentive to move freight by train instead of trucks in the near future. Advancers: CSX +3.5%, GWR +3.3%, UNP +2.2%, NSC +1.9%, CP +1.7%.
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  • May. 29, 2013, 11:04 AM
    A CSX (CSX -0.6%) train derailment in Maryland led to collapsed buildings and several injuries as fifteen cars became derailed, but analysts say it doesn't appear to be a major event which will affect share price in the long term.
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  • May. 28, 2013, 2:56 PM
    Shares of CSX (CSX -0.7%) slump into negative territory after reports come in that a train derailment in Maryland is tied to the company.
  • May. 2, 2013, 2:42 PM
    Coal demand is set to pick up more than some expect, Morgan Stanley predicts, and suggests several stocks that will benefit. The firm upgrades Consol Energy (CNX +4.4%) based on CNX’s low-cost, high quality coal and gas assets, and its focus on shareholder returns. Also well-positioned: Arch Coal (ACI), rails CSX and Norfolk Southern (NSC), plus utilities NRG, Exelon (EXC) and Calpine (CPN).
  • Apr. 18, 2013, 3:58 PM
    Union Pacific's (UNP +4.2%) crude oil shipments more than doubled in Q1 as railroads continue to get a lift from the U.S. oil-and-gas drilling boom. UNP's overall volume fell 2%, in line with CSX, as weaker shipments of coal and agriculture products weighed on results. Still, Q1 earnings rose 11% on modest revenue growth, and UNP sees a short-term recovery in coal shipments as utilities rebuild stocks.
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  • Apr. 17, 2013, 9:59 AM
    Railroad stocks are mild under-performers after CSX Corporation (CSX -0.8%) issues a soft outlook on demand for coal transport. The company sees relatively flat earnings in 2013 before 10% to 15% growth is seen in 2014 and 2015. Sector watch: NSC -1.6%, UNP -1.3%, CNI -1.2%, CP -1.5%.
  • Apr. 16, 2013, 4:19 PM
    More on CSX (CSX): Q1 beats on a per share basis, but revenue came in at nearly $3B, essentially flat from the year before and shy of the $2.9B analysts expected as gains in merchandise, intermodal and other revenue offset declines in the company's coal business. The company also announced $1B share buyback program.
  • Apr. 16, 2013, 4:10 PM
    CSX Corporation (CSX): declares $0.15/share quarterly dividend, 7% increase from prior dividend of $0.14. Forward yield 2.48%. For shareholders of record May 31. Payable June 14. Ex-div date May 29. The board approved a new $1.0B share repurchase plan. Shares +2.2% AH. (PR)
  • Apr. 16, 2013, 4:04 PM
    CSX (CSX): Q1 EPS of $0.45 beats by $0.05. Shares +2.7% AH. (PR)
  • Apr. 16, 2013, 12:10 AM
    Notable earnings after Tuesday’s close: CSX, IBKR, INTC, LLTC, URI, YHOO
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  • Apr. 15, 2013, 5:35 PM
    Notable earnings after Tuesday ’s close: CSX, IBKR, INTC, LLTC, URI, YHOO
  • Apr. 4, 2013, 8:06 AM
    Bernstein is out with a warning on the railroad sector, saying Q1 rail volume was a disappointment. The firm expects Canadian National (CNI), Union Pacific (UNP), and Norfolk Southern (NSC) to miss earnings estimates and CSX (CSX) to only match targets.
  • Mar. 25, 2013, 5:57 PM
    Railroads are the critical link behind the boom in North American oil production from shale fields beyond the reach of existing pipelines, and Raymond James suggests 21 stocks likely to benefit from the trend: CNI, CP, KSU, NSC, CSX, UNP, BTE, CNQ, ARII, TRN, GMT, PBF, DK, TSO, TLLP, GEL, NRGY, GLP, CSCTF.PK, MEGEF.PK, STPJF.PK. (earlier)
  • Feb. 13, 2013, 11:29 PM
    CSX Corporation (CSX) declares $0.14/share quarterly dividend, in line with previous. Forward yield 2.45%. For shareholders of record Feb. 28. Payable Mar. 15. Ex-div date Feb. 26. (PR)
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  • Feb. 11, 2013, 11:00 AM
    A bullish piece in Barron's on the prospects for CSX (CSX +3%) appears to be tipping sentiment positive for several railroad sector peers. Though a boom in coal demand isn't expected, the rate of decline in shipments is already slowing and could reverse itself in the next year which bodes well for the railroad industry. Advancers: NSC +2.0%, CP +1.3%, UNP +1.1%.
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Company Description
CSX Corporation operates as a transportation supplier. It provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers.
Sector: Services
Industry: Railroads
Country: United States