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Berkshire Hathaway is a resilient investment with strong cash reserves, defensive value, and growth potential. Click here to ...
Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
The combination of two large rail companies would create the first coast-to-coast network, but the deal could reduce ...
CSX Corporation has become a focal point of merger speculation as industry consolidation gains momentum in the U.S. railroad sector. The company's stock is attracting investor attention following ...
Jefferies upgraded Union Pacific (NYSE:UNP) and downgraded Norfolk Southern (NYSE:NSC) saying the former stands to benefit more from a potential merger that would create the first coast-to-coast ...
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.
The proposed merger would establish a $200bn coast-to-coast rail company, as well as create the first modern West-to-East single-line freight railroad.
A low valuation doesn't inherently mean a stock is worth buying, but it certainly doesn't hurt the bullish case.
Union Pacific said on Thursday it was in advanced discussions with rival Norfolk Southern for a possible mega merger that would create an about $200 billion transcontinental railroad behemoth. Norfolk ...
The U.S. freight rail industry is poised for a groundbreaking shift with Berkshire Hathaway eyeing a CSX acquisition.
A merger between Norfolk Southern and Union Pacific would create a coast-to-coast rail operator, something that doesn’t exist in the US.
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