Wednesday, April 7, 2010 as of 11:14 AM ET
CSX Transportation is a Class I railroad in the United States. It is the main subsidiary of the CSX Corporation.
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(NASDAQ:YHOO) Chief Executive Scott Thompson should have read the column I wrote in February 2009 headlined "Of all the indignities, don't get Minkowed."The column went like this:"Getting Minkowed begins when you learn that a guy named Barry Minkow has just shorted your stock, betting that information he has just uncovered can make it go down. Then you learn that Minkow has discovered those lies that you put on your resume."Now, your board has to face investors who are asking, 'Gee, if there's a lie on the resume, are there lies on the books, too?' Your immediate removal is the only good answer to this question. You've just been Minkowed."Thompson is getting Minkowed by a powerful shareholder who wants him out for claiming a degree in computer science he does not have. Even Warren Buffett has joined in the Minkowing. "If you cannot trust the people you're working with, you have a problem," the Oracle of Omaha said, taking questions from reporters at his annual hoedown.At lea...FOX Business: The Power to ProsperStock-index futures climbed on Tuesday after Spain held a successful bond sale and traders mulled earnings from three corporate gia...
TAKING THE PULSE: Railroad and trucking companies are expected to post improved results from a year earlier as mild winter weather boosted operating performance.Howe...
CSX Corp. [s; csx] shares were leading a rally in railroad stocks early Thursday, rising as much as 5% to $21.22. The move, which landed CSX among top percentage gai...
FOX Business: The Power to ProsperRallying financial and industrial shares pushed the broad S&P 500 past the 1400 threshold for the first time in four years, while t...
ValuEngine Chief Market Strategist Richard Suttmeier breaks down his investment strategy for 2012.
If new high-grade corporate bonds were sold in stores, they would have been flying off the shelves Thursday.Luxembourg-based steel producer ArcelorMittal (MT, MT.FR,...
CSX Corp. (CSX), a transportation supplier, plans to issue $300 million of 30-year bonds in U.S. credit markets on Thursday, according to a person familiar with the ...
FBN's Adam Shapiro on the Dow Industrial Average hitting 13000 for the first time since May 2008, and JPMorgan downgrading CSX and Norfolk Southern.
DOW JONES NEWSWIRESAlpha Natural Resources Inc. (ANR) said it will scale back production at many of its central Appalachian coal mines, citing weakening demand from ...
DOW JONES NEWSWIRESRailAmerica Inc. (RA) said it would refinance $444 million in notes as it separately unveiled two investments: an acquisition and a stake in a rai...
PALM BEACH, Fla. -( Dow Jones )- The head of Burlington Northern Santa Fe said Monday that the U.S. economy is growing at a "modest" pace and the railroad will add j...
DOW JONES NEWSWIRESNorfolk Southern Corp.'s (NSC) fourth-quarter earnings rose 19% as the railroad company recorded revenue growth across its segments, with particul...
The Transportation sector (IYT) held steady on a trading day that saw S&P 500 drop 0.6%.The ETF has moved down across its 50-day moving average of $93.35 today. Alth...
Union Pacific Corp.'s (UNP) first-quarter earnings climbed 35% from the year-ago period and surpassed Wall Street's forecasts, as it continued to boost prices and be...
FBN’s Robert Gray breaks down Intel’s first-quarter earnings results.
CSX Corp. , citing higher rates and a 1% increase in overall freight volume, reported late Tuesday first-quarter profit rose to $449 million, or 43 cents a share, fr...
DOW JONES NEWSWIRESCSX Corp.'s (CSX) first-quarter earnings rose 14% as the railroad reported an increase in intermodal volume, though coal volume continued to slump...
FOX Business: The Power to ProsperWall Street charged higher on Tuesday after a round of strong corporate earnings and easing anxiety about the debt crisis in Spain ...
FOX Business: The Power to ProsperThe markets soared on Tuesday, propelled by strong earnings from Dow component Coca-Cola and easing worries about the eurozone debt...
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