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CSX Corporation is an American holding company focused on rail transportation and real estate in North America, among other industries. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merger.
CSX's first-quarter profit slipped 10% even though the railroad delivered 3% more goods, as shipments it handled shifted to a less-profitable mix. The Jacksonville, Florida-based railroad said ...
CSX's fourth quarter profit slipped 13%, but the railroad hauled slightly more freight and kept its trains running smoothly. The volume of shipments the railroad delivered rose 1% even with all ...
At first glance, the dividend yield of CSX (NYSE:CSX) is miserable at just 1.24%. However, when you consider the capital appreciation that has come along with the dividend income paid out over the ...
CSX began operating its trains on its portion of the Conrail network on June 1, 1999. CSX now serves much of the Eastern United States, with a few routes into nearby Canadian cities. The two competitors were unwilling to give one company full control of busy industrial areas in Detroit, Philadelphia, and northern New Jersey (the Chemical Coast).
The CSX was originally set up to provide a listing facility for the specialist products of the Cayman Islands – mutual funds and specialist debt securities. The CSX's capabilities now extend to sophisticated vehicles and structures including the listing of derivative warrants, depositary receipts, Eurobonds, preferred shares and international ...
CSX's revenue declined 3% to $3.7 billion as the decline in diesel prices generated smaller fuel surcharges for the railroad. The revenue was just below the $3.73 billion that analysts predicted.
In this article we will take a look at whether hedge funds think CSX Corporation (NYSE:CSX) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving ...