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Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
With merger speculation swirling around the company, CSX Corp. Chief Executive Joe Hinrichs said he is focused on continued ...
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Sourcing Journal on MSNBNSF Tied to Possible CSX Takeover as US Rail Merger Chatter GrowsSpeculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
Union Pacific , the largest U.S. railroad operator, said on Thursday it is in advanced talks with rival Norfolk Southern , ...
CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX ...
Combining Union Pacific and Norfolk Southern into the first transcontinental railroad in the U.S. would create a 52,215-mile colossus that could offer seamless service from coast to coast, bypassing ...
The combination of two large rail companies would create the first coast-to-coast network, but the deal could reduce ...
Now that Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) have confirmed they are in advanced merger talks, all eyes are on CSX (NASDAQ:CSX) and whether it might also consider a merger.
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union Pacific bid for NSC likely results in a BNSF bid for ...
BNSF Railway has hired Goldman Sachs to explore a potential railroad takeover, and CSX (NASDAQ:CSX) is in talks to bring on ...
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