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CSX Corp (CSX.OQ)

CSX.OQ on NASDAQ Stock Exchange Global Select Market

64.43USD
24 May 2018
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Latest Key Developments (Source: Significant Developments)

CSX To Outline Plans Targeting A 60 Percent Operating Ratio At 2018 Investor Conference
Thursday, 1 Mar 2018 07:30am EST 

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

CSX Corp Extends Expiration Date Of CSX Section 16 Officer Severance Plan
Wednesday, 28 Feb 2018 05:10pm EST 

Feb 28 (Reuters) - CSX Corp ::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 - EXTENSION OF EXPIRATION DATE OF SEVERANCE PLAN FOR CERTAIN EXECUTIVE OFFICERS, INCLUDING ANDREW GLASSMAN, NATHAN GOLDMAN, FRANK LONEGRO.  Full Article

CSX Corp Files Prospectus Related To Offering
Tuesday, 20 Feb 2018 08:31am EST 

Feb 20 (Reuters) - CSX Corp ::CSX CORP FILES PROSPECTUS SUPPLEMENT RELATED TO OFFERING $800 MILLION AGGREGATE PRINCIPAL AMOUNT OF 3.800% NOTES DUE 2028.CSX CORP - ALSO OFFERING $850MLN AGGREGATE PRINCIPAL AMOUNT OF 4.300% NOTES DUE 2048 AND $350 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.650% NOTES DUE 2068.CSX CORP - 2028 NOTES WILL MATURE ON MARCH 1, 2028, THE 2048 NOTES WILL MATURE ON MARCH 1, 2048, AND THE 2068 NOTES WILL MATURE ON MARCH 1, 2068.  Full Article

CSX Files Preliminary Prospectus Supplement Related To A Potential Three-Part Notes Offering
Thursday, 15 Feb 2018 08:57am EST 

Feb 15 (Reuters) - CSX Corp ::CSX CORP FILES PRELIMINARY PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL THREE-PART NOTES OFFERING - SEC FILING.  Full Article

Csx Corporation Announces Increase To Dividend And Share Repurchase Program
Monday, 12 Feb 2018 09:00am EST 

Feb 12 (Reuters) - Csx Corp ::CSX CORPORATION ANNOUNCES INCREASE TO DIVIDEND AND SHARE REPURCHASE PROGRAM.CSX CORP - ‍BOARD AUTHORIZED A TEN PERCENT INCREASE IN ITS QUARTERLY DIVIDEND ALONG WITH AN INCREASE TO CURRENT SHARE REPURCHASE PROGRAM TO $5 BILLION​.CSX CORP - ‍MANAGEMENT EXPECTS TO COMPLETE $5 BILLION SHARE REPURCHASE PROGRAM BY END OF Q1 OF 2019​.CSX CORP - BOARD APPROVED AN INCREASE IN QUARTERLY DIVIDEND FROM $0.20 TO $0.22.  Full Article

CSX Sees 2018 Revenue To Be Up Slightly - CEO On Conf Call‍​
Tuesday, 16 Jan 2018 06:01pm EST 

Jan 16 (Reuters) - CSX Corp ::SEES 2018 REVENUE TO BE UP SLIGHTLY - CEO ON CONF CALL‍​.SEES MORE FAVORABLE RESULTS IN SECOND HALF OF THE YEAR - CEO ON CONF CALL‍​.WILL FACE TOUGH COMPARISONS ON EXPORT COAL RATES IN FIRST HALF OF THE YEAR - CEO ON CONF CALL‍​."WE SHOULD SEE A SOLID STEP-DOWN IN THE OPERATING RATIO EVERY YEAR FOR THE NEXT 3 YEARS" - CEO ON CONF CALL‍​.DO NOT SEE DISRUPTIVE CHANGES OCCURRING IN THE FUTURE IN 2018 - CEO ON CONF CALL‍​.  Full Article

CSX Qtrly Revenue $2.86 Mln vs $3,04 Mln
Tuesday, 16 Jan 2018 04:17pm EST 

Jan 16 (Reuters) - Csx Corp ::- QTRLY REVENUE $2,863 MILLION VERSUS $3,037 MILLION -SEC FILING.Q4 REVENUE VIEW $2.89 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

CSX Corp Reports Q4 Adjusted EPS Of $0.64 Excluding Items
Tuesday, 16 Jan 2018 04:01pm EST 

Jan 16 (Reuters) - Csx Corp ::ORATION ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2017 EARNINGS.Q4 EARNINGS PER SHARE $4.62.Q4 REVENUE FELL 6 PERCENT.Q4 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.Q4 ADJUSTED EARNINGS PER SHARE $0.64 EXCLUDING ITEMS.- ‍Q4 2017 NET EARNINGS INCLUDED A $3.6 BILLION NET TAX REFORM BENEFIT RESULTING FROM TAX CUTS AND JOBS ACT OF 2017​.- ‍Q4 2017 NET EARNINGS ALSO INCLUDED $10 MILLION NET RESTRUCTURING CHARGE​.- QTRLY REVENUE DECREASED 6 PERCENT WHEN COMPARED TO PREVIOUS YEAR, PRIMARILY DUE TO $178 MILLION IMPACT OF AN EXTRA FISCAL WEEK IN 2016.  Full Article

CSX Says CEO James Foote To Get Annual Base Salary Of $1.2 Mln, Short-Term Incentive Opportunity Equal To 125% Of Annual Base Salary
Friday, 22 Dec 2017 05:01pm EST 

Dec 22 (Reuters) - CSX Corp ::CSX SAYS CEO JAMES FOOTE TO GET ANNUAL BASE SALARY OF $1.2 MILLION, SHORT-TERM INCENTIVE OPPORTUNITY EQUAL TO 125% OF ANNUAL BASE SALARY - SEC FILING.  Full Article

CSX Names James M. Foote President and Ceo
Friday, 22 Dec 2017 01:04pm EST 

Dec 22 (Reuters) - CSX Corp ::CSX BOARD OF DIRECTORS NAMES INDUSTRY VETERAN JAMES M. FOOTE PRESIDENT AND CEO.FOOTE WAS NAMED ACTING CEO ON DEC. 14 AFTER E. HUNTER HARRISON WAS PLACED ON MEDICAL LEAVE.FOOTE WILL ALSO JOIN COMPANY'S BOARD OF DIRECTORS.EXECUTION OF PRECISION SCHEDULED RAILROADING IS "WELL UNDERWAY".  Full Article

BRIEF-Csx Sets Quarterly Dividend Of $0.22Per Share

* SETS QUARTERLY DIVIDEND OF $0.22PER SHARE Source text for Eikon: Further company coverage: