Morning Movers Gapping up $Taiwan Semiconductor (TSM.US)$shares jumped by 9.2% on U.S. markets after the company announced a net profit of $10.1 billion for the quarter ending September 30, exceeding expectations. The chipmaker also expressed optimism about the next quarter. Following this announcement, other chip-related stocks also experienced growth.$NVIDIA (NVDA.US)$saw a 2.9% increase in premarket trading.$Advanced Micro Devices (AMD.US)$saw its s...
$CSX Corp (CSX.US)$CSX Corp Files for Offering of $-Denominated Notes Due 2055; Size Not Disclosed - Filing... Why do they feel the need make an Offering? Are they in competition with Amtrak?
$CSX Corp (CSX.US)$ NEWS CSX Adds Fourteen Rail Served Properties Across Eight States to Select Site Program JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Fourteen sites in eight states have earned a Silver or Bronze rating based on an evaluation of a wide range of site characteristics. CSX worked with more than 40 communities over t...
The bridge collapse's impact on the stock market erased around $200 million and $500 million from Consol's and Maersk's market values respectively. The future trajectory of these stocks remains uncertain as implications of the accident are assessed.
I'm interested in investing in short line railroad since they seem to be the target of a lot of State-level government grants, funding initiatives, and tax incentives and I suspect many will soon be acquired by the Class I rail operators like NSC, CSX, CP, CNI, etc. However, only these large railroads appear to be publicly traded. Does anyone have ideas about how one might go about investing in these Class II railroads?$Norfolk Southern (NSC.US)$$CSX Corp (CSX.US)$
Despite CSX's weaker earnings outlook, its P/E ratio is similar to the market's, indicating investors' optimism. However, slower earnings growth may impact the share price, posing a risk to shareholders.
CSX's high ROE, despite being achieved through significant debt, embodies increased risk. A lesser debt for a similar ROE would've marked a superior business quality.
CEO of CSX, Joe Hinrichs, demonstrates dedication to preserving the B&O Railroad Museum, and promoting economic development in the community. The effort by CSX could inspire other corporations to contribute to the initiative.
CSX's paid sick leave policies signify its dedication to augmenting employee experience. Coupled with Norfolk Southern's initiatives for industry safety, they aim at maintaining positive workforce relations.
RyanT2021 : ok lo