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CSX Corp

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  • WASHINGTON, July 18- North Dakota's Bakken oil patch has thrived thanks in large part to the once-niche business of hauling fuel on U.S. rail tracks.

  • CSX optimistic long-term but predicts flat 3Q Wednesday, 16 Jul 2014 | 10:25 AM ET

    OMAHA, Neb.— CSX is optimistic about its long-term performance, but the railroad's profit during this quarter will likely be relatively flat. The company discussed its second-quarter results Wednesday after edging out Wall Street profit expectations.

  • CSX railroad's 2Q profit chugs ahead 2 percent Tuesday, 15 Jul 2014 | 5:01 PM ET

    OMAHA, Neb.— CSX Corp. said Tuesday its second-quarter profit chugged ahead 2 percent as the economy continued to improve, so the railroad is investing an additional $100 million in its network.

  • Filmmakers in Ga. train crash go briefly to jail Tuesday, 15 Jul 2014 | 10:03 AM ET

    SAVANNAH, Ga.— Two filmmakers charged with involuntary manslaughter several months after a train crash killed a member of their movie crew flew to Georgia over the weekend to turn themselves in at a rural jail, where they posted $25,000 bond apiece before returning home to California, their defense attorney said Tuesday.

  • Will earnings tell the story markets need to hear? Sunday, 13 Jul 2014 | 6:21 PM ET
    Traders work the floor of the New York Stock Exchange before the closing bell in New York.

    Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.

  • Business events scheduled for the coming week Friday, 11 Jul 2014 | 2:10 PM ET

    WASHINGTON— Commerce Department releases retail sales data for June, 8:30 a.m.; Commerce Department releases business inventories for May, 10 a.m.. BERLIN— Germany's ZEW institute releases its monthly index of investor confidence in Europe's biggest economy.

  • HOUSTON, June 24- The United States should follow the example of Canadian transport regulators with a relatively quick phasing-out of older tank cars that carry volatile crude oil, the head of Canada's National Transportation Safety Board said on Tuesday.

  • NEW YORK, June 16- As politicians debate the dangers of a massive increase in oil carried by rail in North America, railroads and energy producers are considering the same for natural gas.

  • Your first trade for Friday Thursday, 5 Jun 2014 | 2:34 PM ET

    The "Fast Money" traders share their final trades of the day.

  • TORONTO, May 1- Two years after taking control of Canadian Pacific Railway, Chief Executive Hunter Harrison said his aggressive overhaul of the former industry laggard will soon hit pay dirt, with its transformation into North America's most efficient carrier.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia, on Wednesday, spilling oil into the James River and forcing hundreds to evacuate. In its second oil-train accident this year, CSX said 15 cars of a train traveling from Chicago to Virginia derailed at 2:30 p.m. EDT.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia on Wednesday, spilling oil into the James River and forcing hundreds to evacuate. CSX said 15 cars on a train traveling from Chicago to Virginia derailed at 2:30 p.m. EDT.

  • CSX train carrying oil catches fire after derailment Wednesday, 30 Apr 2014 | 5:02 PM ET
    Still from video of train derailment in Lynchburg, Va.

    Rail cars in a CSX train that derailed in Lynchburg, Virginia are still on fire, the company said.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia on Wednesday, spilling oil into the James River and forcing hundreds to evacuate. In its second oil-train accident this year, CSX said 15 cars on a train traveling from Chicago to Virginia derailed at 2:30 p.m. EDT.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia on Wednesday, spilling oil into the James River and forcing the evacuation of hundreds. CSX said 15 cars derailed at 2:30 p.m. EDT on a train traveling from Chicago to Virginia.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia on Wednesday, with several tank cars spilling oil into the nearby James River, city officials said. The train was run by CSX Corp, she said.

  • CSX train derails in Virginia: Reuters     Wednesday, 30 Apr 2014 | 3:13 PM ET

    CNBC's Dominic Chu reports a train owned by CSX has derailed near Lynchburg, Virginia. According to Reuters, 3 to 4 tanker cars have been breached and some crude oil has leaked into the James River.

  • NEW YORK, April 30- A train derailed in downtown Lynchburg, Virginia on Wednesday, according to a statement published by city officials. The area is being evacuated, "said Joann Martin, director of communications for the city of Lynchburg. Local media reported that the train belonged to CSX Corp. Reuters could not immediately verify this information.

  • CSX Corp and Norfolk Southern Corp are both trading 15 percent or more below their warranted share price, according to a measure of "intrinsic valuation" tracked by Thomson Reuters StarMine.

  • The best sector to own after a market selloff Monday, 21 Apr 2014 | 6:00 AM ET

    As the U.S. economy picks up momentum, so are industrial stocks. The recent dip in the market makes this an opportunity for savvy investors.