CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms
CSX railroad replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge ...
JACKSONVILLE, Fla. – With merger speculation swirling around the company, CSX Corp. Chief Executive Joe Hinrichs told the Jacksonville Daily Record he is focused on continued improved performance of ...
(Reuters) -Activist investor Ancora Holdings, in a letter to CSX board disclosed on Monday, urged the railroad to pursue near-term merger options or replace CEO Joe Hinrichs. The activist investor ...
The Union Pacific-Norfolk Southern merger talks have set the entire railroad industry in motion, forcing rivals BNSF and CSX into the spotlight. Activist investors and Wall Street expected a deal, but ...
Union Pacific (UP) joins Ag Processing Inc. to celebrate the grand opening of its newest soybean processing and degumming facility in Nebraska. Also, Madisonville Industrial Park II is Kentucky’s ...
CSX (NASDAQ: CSX) faces a difficult strategic situation after Warren Buffett explicitly ruled out any acquisition interest. CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied ...
A partnership between CSX CSX0.68%increase; green up pointing triangle and BNSF Railway to connect the east and west coasts sparked a debate as to whether the two railroad operators are testing a ...
JACKSONVILLE, Fla. - CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that was made public this week. Ancora Holdings seeks to ...
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