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CSX-BNSF railroad pact lessens expectations of quick merger, analysts say
CSX and Berkshire Hathaway-owned BNSF on Friday announced new coast-to-coast services, a move that strengthens their freight connectivity but that tempers market expectations of an imminent merger between the two rail giants.
BNSF Railway and CSX said they will partner on seamless coast-to-coast rail service, just weeks after Union Pacific and ...
Shares of CSX fell 5% on Monday after Buffett told CNBC he was not interested in a merger, dousing investor hopes that ...
CSX shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held ...
Shares of CSX fell about 5 per cent after Buffett told CNBC he was not interested in a merger, dousing investor hopes that ...
BNSF, which is owned by Warren Buffett’s Berkshire Hathaway, and CSX announced a collaboration to bring “seamless, efficient, ...
Warren Buffett ’s Berkshire Hathaway Inc. isn’t in the market for a deal to buy a competing railroad. Buffett told CNBC on Monday that he met with the CSX Corp. chief executive officer earlier this ...
The intermodal services announcement came three days after activity hedge fund Ancora Holdings Group LLC announced it sent a ...
Railroad operators CSX and BNSF Railway have partnered to offer new intermodal service products in the U.S. that will connect the east and west coasts. The arrangement creates new intermodal services ...
Yahoo Finance's John Hyland tracks Friday's top moving stocks and biggest market stories in this Market Minute: new ...
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