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CSX Corp

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  • *Seven major New York bridges closing; two tunnels closed. *Rail, container ports closed in New York, New Jersey. New York said it would close seven major bridges at 7 p.m. EDT on Monday, including the George Washington Bridge and the Verrazano-Narrows Bridge.

  • *Analysts lower CSX targets on weak coal demand Thursday, 18 Oct 2012 | 12:17 AM ET
  • Outlook roundup: CSX, Potash Wednesday, 17 Oct 2012 | 10:09 AM ET

    Among the earnings projection stories for Wednesday, Oct. 17, from The Associated Press:. _ CSX Corp. predicts its shipping volume will be relatively flat in the fourth quarter because demand for coal remains weak and the economy is growing slowly.

  • *CSX predicts flat 4Q volume on weak coal demand Wednesday, 17 Oct 2012 | 9:41 AM ET
  • CSX Beats Street But Profits Lower     Wednesday, 17 Oct 2012 | 7:35 AM ET

    Michael Ward, CSX Corporation president, chairman, & CEO, breaks down the transportation company's third quarter earnings of $0.44 EPS on $2.89 billion in revenues, and discusses the impact of coal costs on the company's bottom line.

  • News Summary: CSX 3Q rail profit dips 2 pct. Tuesday, 16 Oct 2012 | 6:36 PM ET

    SWITCHING TRACKS: CSX Corp. says its third-quarter profit and revenue both declined 2 percent because the railroad hauled fewer carloads and the mix of goods it carried changed. COAL CRUNCH: CSX hauled 16 percent less coal overall during the quarter as demand for coal from domestic utilities remained weak.

  • CSX 3Q rail profit dips 2 pct. on volume shift Tuesday, 16 Oct 2012 | 4:43 PM ET

    OMAHA, Neb.-- CSX Corp. reported a 2 percent dip in its third-quarter profit and revenue Tuesday because the railroad delivered fewer carloads of coal and crops, and fuel surcharge revenue declined. The Jacksonville, Fla.- based railroad made $455 million, or 44 cents per share. That's down from $464 million, or 43 cents per share in the same period a year ago.

  • Earnings schedule for week of 10/15/2012 Friday, 12 Oct 2012 | 6:30 PM ET

    Citigroup Inc. reports quarterly financial results. CSX Corp. reports quarterly financial results. Intel Corp. reports quarterly financial results.

  • HONG KONG, Oct 12- China's state-owned insurer PICC Group is tentatively looking to start pre-marketing its proposed up to $3 billion Hong Kong initial public offering in mid-November, IFR reported on Friday citing sources. PICC is planning to raise as much as $6 billion through a dual listing in Hong Kong and Shanghai, sources previously told Reuters.

  • MegaFon seeks IPO investors with governance pledge Thursday, 11 Oct 2012 | 2:11 PM ET

    MOSCOW, Oct 11- MegaFon said the make-up of its board would reflect its focus on good corporate governance, as it sought to attract investors for its planned initial public offering after Goldman Sachs dropped out as an underwriter.

  • TEXT-Fitch affirms Credit Suisse at 'A'; OUTLOOK STABLE Wednesday, 10 Oct 2012 | 5:11 PM ET

    At the same time, Fitch affirmed the ratings of Credit Suisse's subsidiaries and holding company and of its issues. The rating actions on Credit Suisse have been taken in conjunction with Fitch's Global Trading and Universal Bank periodic review.

  • LONDON, Oct 10- Global household wealth will grow by nearly 50 percent in the next five years to $330 trillion, with the Chinese overtaking the Japanese as the world's second richest people, Credit Suisse said in a report on Wednesday.

  • AirAsia founders to kick off IPO spree in 2013 Wednesday, 10 Oct 2012 | 2:48 AM ET

    KUALA LUMPUR, Oct 10- The founders of Malaysia's AirAsia Bhd, Tony Fernandes and Kamarudin Meranun, are set to kick off an initial public offering spree in 2013 with three listings worth more than $500 million.

  • MILAN, Oct 10- Italy's largest telecoms group Telecom Italia said on Wednesday is selecting advisors to start assessing aspects of a possible spin-off of its fixed-line access network.

  • *India plans to raise nearly $6 bln from stake sales by end-March. That choosiness comes at a bad time for India, which may struggle to hit its goal of raising nearly $6 billion from share sales in state companies by the end of March with investor demand for new shares expected to remain modest.

  • Earnings Preview: CSX railroad's 3Q report Tuesday, 9 Oct 2012 | 9:55 PM ET

    JACKSONVILLE, Fla.-- CSX Corp. will be the first major freight railroad to release third-quarter earnings when it reports next week, so investors will be looking for clues about the health of the industry and the economy.

  • *India plans to raise nearly $6 bln from stake sales by end-March. That choosiness comes at a bad time for India, which may struggle to hit its goal of raising nearly $6 billion from share sales in state companies by the end of March with investor demand for new shares expected to remain modest.

  • LOS ANGELES/ WASHINGTON, Oct 9- The Treasury Department's inspector general is investigating a popular stimulus program that allowed rooftop solar panel projects to turn tax credits into cash grants, according to a regulatory filing.

  • Are Markets Running Out of Steam? Wednesday, 3 Oct 2012 | 9:27 AM ET

    Are the markets running out of steam? My bet is that absent European drama, pullbacks will be shallow.

  • After-Hours Buzz: MUR, XRTX, CSX & More Tuesday, 2 Oct 2012 | 4:52 PM ET

    Check out which companies are making headlines after the bell Tuesday.

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