The Latest Breaking News from CSX Corporation

The Fed is expected to continue hiking interest rates aggressively until inflation comes under control. Although the central bank’s hawkish stance is raising recession worries, some believe there are chances of achieving a soft landing. Given the uncertainties, investing in quality stocks trading at low prices could be rewarding. Fundamentally…

Increasing government assistance, rebounding travel demand, and rising need for freight transportation services are assisting the railroad industry in its recovery from pandemic-led setbacks. Therefore, investors could consider investing in quality railroad stocks Union Pacific (UNP), Canadian National Railway (SNI), CSX Corporation (CSX), and Norfolk Southern (NSC) to capitalize on…

CSX Corporation (NASDAQ: CSX) and Norfolk Southern Corp. (NYSE: NSC) traded higher on Friday after Stifel upgraded the two companies from a Hold rating to a Buy rating.

Heavy insider buying can be a good indicator of future price appreciation for stocks because insiders often have insight into the growth prospects of their companies. Shares of Intel (INTC), CSX (CSX), Centene (CNC), and AutoZone (AZO) have been heavily bought by insiders of late. So, we think it could…

CSX Corporation’s (NASDAQ: CSX) stock has been under pressure due to its fourth-quarter results being less favorable than other companies in the industry, and its valuation has fallen “toward the lowest level relative to peers,” according to RBC Capital Markets.

Leading railway transportation company CSX Corporation (CSX) has been losing momentum since the start of 2022 owing to labor market constraints, skyrocketing inflation, and rising costs. However, as intermodal freight transportation demand increases, we think it could be profitable to add quality railroad stocks Union Pacific (UNP), Canadian National (CNI),…