News

Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
Berkshire might see a bid for CSX as a defensive maneuver if its chief rival, Union Pacific, seeks to create a ...
Speculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
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.
CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX ...
(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union ...
BNSF Railway could target Jacksonville-based CSX in a takeover bid. After reports that western railroad company Union Pacific Corp. is interested in buying eastern rail company Norfolk Southern Corp., ...
Berkshire Hathaway CEO Warren Buffett on July 22 denied reports that BNSF is working with Goldman Sachs on a possible merger with an eastern Class I, CNBC has reported. Buffett’s brush-aside came ...
NSC merger would significantly expand Union Pacific's rail network, potentially challenging the dominance of BNSF Railway, ...