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CSX Corp

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  • July 3- About 5,000 residents evacuated after the derailment of a freight train carrying flammable and toxic gas in eastern Tennessee were allowed home on Friday as investigators looked into the cause of the fiery accident. Authorities were examining the black box from the CSX Corp train that derailed with one tank car bursting into flames at midnight...

  • July 3- Investigators on Friday were looking into what caused a freight train carrying flammable and toxic gas to derail and catch fire in Tennessee, forcing the day-long evacuation of 5,000 people, officials said. The flames that engulfed a car of the CSX Corp train in Blount County, near Maryville in eastern Tennessee, late Wednesday were extinguished by late...

  • WASHINGTON, June 24- U.S. commuter and freight railroads may be forced to suspend service or face daily fines beginning Jan. 1, unless Congress extends its year-end deadline for implementing new safety technology, lawmakers were told on Wednesday. The National Transportation Safety Board estimated that more than 245 people have died and 4,260 have been...

  • Dividend ETFs lose ground. Time to buy? Tuesday, 5 May 2015 | 2:10 PM ET
    Traders on the floor of the New York Stock Exchange.

    Why are dividend ETFs getting knocked as company after company raise their payouts?

  • 9 'Avenger stocks' strike back with riches Tuesday, 5 May 2015 | 9:59 AM ET
    The Avengers

    Each of these stocks were down 5% or more for the year a month ago—but have rallied back. USA Today reports.

  • Canada has promised to "harmonize" its regulations with the United States. The decision has angered the North American rail industry, but Transportation Secretary Anthony Foxx said his department believes it will stand up to any legal challenge. The Association of American Railroads, which has lawyers studying the rule, slammed the government for basing its...

  • Latest 'fix' for California drought: Water by rail Friday, 1 May 2015 | 11:55 AM ET
    Railroad tanker cars

    Experts say the East Coast's plentiful water could cost cents per gallon to Californians and provide a stable, potable water supply.

  • CHICAGO, April 23- Union Pacific Corp is scrambling to cope with opposing trends across its network after a drop in freight volumes in the first quarter, the No. 1 U.S. railroad's top executive said on Thursday. All had been rosy for Union Pacific just months earlier, in the fourth quarter. A similar drop-off in coal has affected other railroads- CSX Corp, Norfolk...

  • CHICAGO, April 22- Union Pacific Corp said on Thursday its first quarter results were hurt by a drop in coal volumes and the company warned coal would continue to weigh on its results throughout the year. Union Pacific said coal volumes fell 5 percent during the quarter. "Shares will be pressured on these results, but we have confidence that Union Pacific will be...

  • CHICAGO, April 22- No. 1 U.S. railroad Union Pacific Corp on Thursday reported a higher quarterly net profit as lower fuel costs and pricing gains offset falling freight volumes, but results fell short of market expectations. Union Pacific saw the volume of coal on its rails fall 5 percent during the quarter. Omaha- based Union Pacific posted first-quarter net...

  • 10 stocks to keep buying after an earnings beat Wednesday, 22 Apr 2015 | 8:49 AM ET
    Cheerios

    Here's a different approach to betting on earnings: Wait for the results to come out.

  • TORONTO, April 21- Shareholder activism is "long overdue" at some major U.S. railways, Canadian Pacific Railway Ltd Chief Executive Hunter Harrison said in an interview on Tuesday, after several U.S. competitors reported disappointing financial results. CP Rail, Canada's second-biggest railway, which also has a substantial presence in the United States,...

  • TORONTO, April 21- Shareholder activism is "long overdue" at some major U.S. railways, Canadian Pacific Railway Ltd Chief Executive Hunter Harrison said in an interview on Tuesday after several U.S. competitors reported disappointing financial results. Asked whether activist shareholders might put pressure on some major U.S. railways to consider putting...

  • CHICAGO, April 15- Low oil prices and the strong U.S. dollar made for a somewhat painful first quarter for major U.S. railroads CSX Corp and Norfolk Southern Corp, and may continue to weigh on their profits. Chief Executive Officer Michael Ward told Reuters the reduced outlook reflected the impact of the strong dollar, low oil prices and the weak coal market.

  • Early movers: BAC, DAL, PNC, ALU, CMG & more Wednesday, 15 Apr 2015 | 7:44 AM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of the names on the move ahead of the open.

  • What matters to markets Wednesday Wednesday, 15 Apr 2015 | 7:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.

  • Blast of financial earnings, oil and economics Wednesday, 15 Apr 2015 | 6:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.

  • Tuesday's after-hours buzz: CSX, Intel & more Tuesday, 14 Apr 2015 | 4:59 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Take a look at some of Tuesday's after-hours buzz: Intel, Biogen & more

  • CHICAGO, April 14- U.S. railroad CSX Corp on Tuesday reported a higher quarterly net profit on increased freight volumes and higher rates charged to customers, and announced a $2 billion share repurchase program. The Jacksonville, Florida- based company reported first-quarter net income of $442 million or 45 cents per share, an 11 percent increase over the $398...

  • CSX: Low fuel prices good for consumers Tuesday, 14 Apr 2015 | 4:19 PM ET
    CSX: Low fuel prices good for consumers

    CSX reported Q1 EPS of $0.45 on revenue of $3.03 billion. Michael Ward, CSX Corporation Chairman and CEO, discusses the impact of energy costs to the first quarter.