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CSX Corp (CSX.OQ)

CSX.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

CSX Corp Says Co Agreed To Purchase About 4.7 Mln Shares Of Co's Common Stock From Mantle Ridge
Friday, 18 Oct 2019 

Oct 17 (Reuters) - CSX Corp ::CSX CORP - EFFECTIVE OCT 17, 2019, STOCK PURCHASE AGREEMENT WITH MR ARGENT ADVISOR LLC, ON BEHALF OF CERTAIN LIMITED PARTNERS OF ITS AFFILIATED FUNDS.CSX CORP - CO AGREED TO PURCHASE ABOUT 4.7 MILLION SHARES OF CO'S COMMON STOCK FROM MANTLE RIDGE.CSX CORP - THESE SHARES WILL BE REPURCHASED UNDER CSX'S EXISTING $5 BILLION SHARE REPURCHASE AUTHORIZATION AND FUNDED WITH CASH ON HAND.  Full Article

CSX Reports Q3 EPS Of $1.08
Thursday, 17 Oct 2019 

Oct 16 (Reuters) - CSX Corp ::CSX ANNOUNCES THIRD QUARTER 2019 FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $1.08.Q3 REVENUE $2.98 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.99 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $1.02 -- REFINITIV IBES DATA.QTRLY OPERATING RATIO OF 56.8 % IMPROVED FROM 58.7 % IN PRIOR YEAR.  Full Article

CN Announces Acquisition From CSX In The State Of New York
Friday, 30 Aug 2019 

Aug 29 (Reuters) - Canadian National Railway Co ::CN ANNOUNCES STRATEGIC ACQUISITION FROM CSX IN THE STATE OF NEW YORK.CANADIAN NATIONAL RAILWAY CO - TERMS OF DEAL WERE NOT DISCLOSED.  Full Article

CSX Sets Quarterly Dividend Of $0.24 Per Share
Thursday, 11 Jul 2019 

July 10 (Reuters) - CSX Corp ::SETS QUARTERLY DIVIDEND OF $0.24PER SHARE.  Full Article

CSX Corp Announces Departure Of Chief Financial Officer Frank A. Lonegro
Wednesday, 29 May 2019 

May 28 (Reuters) - CSX Corp ::ORATION ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER, FRANK A. LONEGRO, AND APPOINTMENT OF KEVIN S. BOONE AS INTERIM CHIEF FINANCIAL OFFICER.SAYS KEVIN BOONE APPOINTED INTERIM CFO.COMPANY HAS INITIATED A SEARCH FOR A NEW CHIEF FINANCIAL OFFICER.  Full Article

CSX Reports Q1 EPS Of $1.02
Wednesday, 17 Apr 2019 

April 16 (Reuters) - CSX Corp ::CSX ANNOUNCES RECORD FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $1.02.Q1 REVENUE $3.01 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.01 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.91 -- REFINITIV IBES DATA.QTRLY OPERATING RATIO OF 59.5 PERCENT, SIGNIFICANTLY IMPROVED FROM 63.7 PERCENT IN PRIOR YEAR.  Full Article

CSX Corp Says CEO James Foote's FY 2018 Total Compensation Was $13.8 Mln
Saturday, 23 Mar 2019 

March 22 (Reuters) - CSX Corp ::CSX CORP SAYS CEO JAMES FOOTE'S FY 2018 TOTAL COMPENSATION WAS $13.8 MILLION INCLUDING $5.3 MILLION OF STOCK AWARDS AND $3.5 MILLION OF OPTION AWARDS - SEC FILING.CSX CORP - RATIO FOR 2018 OF ANNUAL TOTAL COMPENSATION OF CEO FOOTE TO ANNUAL TOTAL COMPENSATION OF MEDIAN EMPLOYEE WAS 131 TO 1.  Full Article

Csx Corp Files For Potential Mixed Shelf Offering; Size Not Disclosed
Wednesday, 13 Feb 2019 

Feb 12 (Reuters) - CSX Corp ::CSX CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Csx Corp - On Sept 14, Entered Into Definitive Documentation To Establish A Commercial Paper Program To Issue Unsecured Commercial Paper Notes
Tuesday, 18 Sep 2018 

Sept 17 (Reuters) - CSX Corp ::CSX CORP - ON SEPT 14, ENTERED INTO DEFINITIVE DOCUMENTATION TO ESTABLISH A COMMERCIAL PAPER PROGRAM TO ISSUE UNSECURED COMMERCIAL PAPER NOTES.CSX CORP - MAY ISSUE NOTES ON A PRIVATE PLACEMENT BASIS, AGGREGATE AMOUNT OF NOTES OUTSTANDING AT ANY TIME NOT TO EXCEED $1 BILLION - SEC FILING.  Full Article

CSX To Outline Plans Targeting A 60 Percent Operating Ratio At 2018 Investor Conference
Thursday, 1 Mar 2018 

March 1 (Reuters) - Csx Corp ::CSX TO OUTLINE PLANS TARGETING A 60 PERCENT OPERATING RATIO AT 2018 INVESTOR CONFERENCE.TARGETS REVENUE GROWTH AT A COMPOUND ANNUAL RATE OF 4% IN 2019 AND 2020.‍TARGETS FULL-YEAR OPERATING RATIO OF 60 PERCENT BY 2020​.TARGETS CUMULATIVE FREE CASH FLOW OF $8.5 BILLION FROM 2018 TO 2020.‍TARGETS AVERAGE ANNUAL CAPITAL EXPENDITURES OF $1.6 BILLION THROUGH 2020​.‍TARGETS SHARE RE-PURCHASE OF $5 BILLION TO BE COMPLETE BY Q1 2019​.FY2019 REVENUE VIEW $12.06 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

UPDATE 1-CSX quarterly profit beats estimates on lower costs; shares rise

Oct 16 CSX Corp reported a quarterly profit that topped Wall Street estimates on Wednesday, as cost cuts helped the U.S. railroad offset lower volumes of shipment in its coal and intermodal units, sending shares up about 2%.