CSX Corp (CSX.OQ)
23 Mar 2018
Fri, Mar 2 2018
March 1 U.S. railroad operator CSX Corp said on Thursday it would stick with a plan started by former Chief Executive Hunter Harrison, who died in December, to boost profit through cutting jobs and rail cars, and would also slash capital spending.
March 1 U.S. railroad operator CSX Corp on Thursday reaffirmed that it would lower its operating ratio by 2020, ahead of its first investor day after the death of former Chief Executive Officer Hunter Harrison.
* CSX TO OUTLINE PLANS TARGETING A 60 PERCENT OPERATING RATIO AT 2018 INVESTOR CONFERENCE
March 1 CSX Corp's management team will provide investors on Thursday with the railroad's longer-term plan for boosting profitability and streamlining operations following the death of Chief Executive Officer Hunter Harrison.
* CSX CORP - ON FEB 22, EXTENDED EXPIRATION DATE OF CSX SECTION 16 OFFICER SEVERANCE PLAN TO FEB 22, 2019 FOR CERTAIN OF CO’S EXECUTIVE OFFICERS
* CSX CORP FILES PROSPECTUS SUPPLEMENT RELATED TO OFFERING $800 MILLION AGGREGATE PRINCIPAL AMOUNT OF 3.800% NOTES DUE 2028
* CSX CORP FILES PRELIMINARY PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL THREE-PART NOTES OFFERING - SEC FILING Source text: (http://bit.ly/2Hjpx2b) Further company coverage:
BOSTON, Feb 14 Wall Street investors were so convinced that Hunter Harrison could turn around railroad CSX Corp that the company lost $4 billion in market value when the former CEO took a medical leave in December and died only a few days later.
* CSX CORPORATION ANNOUNCES INCREASE TO DIVIDEND AND SHARE REPURCHASE PROGRAM
Feb 8 The widow of an Amtrak train conductor killed this week in a South Carolina collision filed a lawsuit on Thursday against Amtrak and CSX Corp, the Florida Times-Union reported.