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CSX shares fall after Buffett shuts down talk of Berkshire railroad merger
Shares of CSX fell about 5 per cent after Buffett told CNBC he was not interested in a merger, dousing investor hopes that Berkshire’s rail unit BNSF would acquire the rival railroad operator. A representative for Berkshire later confirmed Buffett’s remarks.
Investor Warren Buffett said BNSF parent Berkshire Hathaway won’t bid for Norfolk Southern or CSX. The post Buffett: ...
CSX ( NASDAQ: CSX) remains open to an approach from Warren Buffett's ( NYSE: BRK.B) BNSF, but no offer has been made, ...
Shares of CSX Corp. slipped 5.12% to $32.81 Monday, on what proved to be an all-around dismal trading session for the stock ...
CSX and Berkshire Hathaway-owned BNSF on Friday announced new coast-to-coast services, a move that strengthens their freight ...
Ancora Holdings, a prolific activist investor in transports, has once again set its sights on an underperforming Class I ...
The intermodal services announcement came three days after activity hedge fund Ancora Holdings Group LLC announced it sent a ...
CSX shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held ...
The railroad operators have teamed to launch three new intermodal services.
Speculation about CSX's future has come into sharper focus in the wake of rival railroad Union Pacific's decision in July to ...
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Warren Buffett Quashes BNSF-CSX Merger Rumors as Railroads Roll Out Coast-to-Coast Services
Buffett met CSX CEO Joe Hinrichs on Aug. 3 to discuss more cooperation between the railroads, which are establishing routes ...
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