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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.
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Warren Buffett Quashes BNSF-CSX Merger Rumors as Railroads Roll Out Coast-to-Coast Services
Buffett met CSX CEO Joe Hinrichs on Aug. 3 to discuss more cooperation between the railroads, which are establishing routes ...
CSX shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held ...
BNSF, which is owned by Warren Buffett’s Berkshire Hathaway, and CSX announced a collaboration to bring “seamless, efficient, ...
Shares of CSX fell about 5 per cent after Buffett told CNBC he was not interested in a merger, dousing investor hopes that ...
The intermodal services announcement came three days after activity hedge fund Ancora Holdings Group LLC announced it sent a ...
Warren Buffett told CNBC that he's not interested in buying any train company. Buffett said he and Greg Abel met with CSX CEO ...
Ancora Holdings, a prolific activist investor in transports, has once again set its sights on an underperforming Class I ...
BNSF and CSX on Aug. 22 reported partnering on “several new intermodal service products that will offer customers seamless, efficient, coast-to-coast solutions to ship between the western and eastern ...
Yahoo Finance's John Hyland tracks Friday's top moving stocks and biggest market stories in this Market Minute: new ...
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