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Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
Berkshire Hathaway Chairman and CEO Warren Buffett tells CNBC’s Becky Quick that despite reports, neither he nor Greg Abel ...
13h
Sourcing Journal on MSNAs Union Pacific and Norfolk Southern Confirm Merger Talks, CSX Won’t Rule Out M&AStagnant volumes that have shifted to the trucking sector over the years appear to support the arguments for railroad ...
3d
Sourcing Journal on MSNBNSF Tied to Possible CSX Takeover as US Rail Merger Chatter GrowsSpeculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
An industrials research analyst with Edward Jones, told the Jacksonville Business Journal that while President Donald Trump’s ...
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
The mounting buzz has put other rail operators on alert. CSX Corporation (NASDAQ: CSX ), the other major East Coast railroad, ...
Some are concerned about the potential for a merged rail conglomerate, as it "would also reduce competition in an already ...
(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union ...
CSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the ...
On an adjusted basis, it reported a profit of 44 cents per share, above the analysts' average estimate of 42 cents per share, ...
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