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CSX Corp

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  • 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...

  • Most active New York Stock Exchange-traded stocks Wednesday, 22 Apr 2015 | 1:39 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 6 percent to $32.86 with 27,197,600 shares traded. Bank of America Corp. rose 1.5 percent to $15.74 with 72,280,700 shares traded.

  • 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...

  • Most active New York Stock Exchange-traded stocks Tuesday, 21 Apr 2015 | 1:45 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 5 percent to $32.66 with 19,370,500 shares traded. Bank of America Corp. fell. 4 percent to $15.50 with 63,134,000 shares traded.

  • Most active New York Stock Exchange-traded stocks Monday, 20 Apr 2015 | 1:17 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose 1.0 percent to $32.83 with 24,104,100 shares traded. Alcoa Inc. rose. 9 percent to $13.58 with 17,234,600 shares traded.

  • 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.

  • OMAHA, Neb.— CSX says the railroad won't deliver the double-digit profit growth it promised this year because coal demand remains weak. While that exceeded Wall Street expectations, freight volume was lower than the company projected. "We just haven't found the bottom yet," CEO Michael Ward said.

  • 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.

  • CHICAGO, April 14- U.S. railroad CSX Corp on Tuesday reported a higher quarterly net profit, as a growing economy lifted freight volumes and allowed it to charge higher rates to customers. 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 million, or 40 cents a share,...

  • OMAHA, Neb.— CSX Corp.' s first-quarter profit grew 11 percent as it benefited from lower fuel costs, and the railroad announced plans Tuesday to repurchase $2 billion of stock. The Jacksonville, Florida- based railroad sounded considerably more optimistic than its biggest competitor in the Eastern United States. Norfolk Southern warned investors Monday that...

  • CSX beats, raises dividend by 13%   Tuesday, 14 Apr 2015 | 4:02 PM ET
    CSX beats, raises dividend by 13%

    CSX is reporting EPS of $0.45 on revenue of $3.03 billion, with CNBC's Morgan Brennan. "Fast Money" trader Steve Grasso, looks at the move higher in the stock.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mixed on Tuesday as investors digested the first of the major earnings reports and moderate economic data.

  • Earnings preview: Intel & CSX   Tuesday, 14 Apr 2015 | 3:48 PM ET
    Earnings preview: Intel & CSX

    CNBC's Dominic Chu provides an earnings preview for Intel and CSX, which are expected to report Tuesday afternoon.

  • This stock is sliding ahead of its earnings report Tuesday, 14 Apr 2015 | 2:58 PM ET
    A CSX train at the Norfolk Southern Bellevue Terminal in Bellevue, Ohio.

    Rail transport giant CSX is set to report earnings after the bell, but the shares are already dropping. Here's why.

  • Most active New York Stock Exchange-traded stocks Tuesday, 14 Apr 2015 | 1:35 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alcoa Inc. rose. 6 percent to $13.37 with 21,751,200 shares traded. Avon Products Inc. rose 14.2 percent to $9.15 with 33,111,100 shares traded.