Stock Market News for June 09, 2016
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 9:10AM CDT
Benchmarks finished in the green on Wednesday following a weaker dollar and rally in oil prices
MMM: 167.13 (-1.43), NSC: 83.23 (-0.86), GE: 29.83 (-0.21), NUE: 49.98 (-0.52), RTN: 134.91 (-1.75), UNH: 138.09 (-1.15), FCX: 10.40 (+0.04), CSX: 26.59 (-0.19), BA: 129.92 (-1.22), LULU: 70.21 (-0.33), UPS: 103.64 (-0.88), AA: 9.32 (-0.17), CHK: 4.33 (-0.09), PX: 112.88 (-0.85), PPG: 107.69 (-1.55)
Look for Shares of CSX to Potentially Pullback after Yesterday's 2.71% Rise
Comtex SmarTrend(R) - Wed Jun 08, 12:47PM CDT
CSX (NYSE:CSX) traded in a range yesterday that spanned from a low of $26.37 to a high of $27.26. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $26.80 on volume of 4.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CSX: 26.59 (-0.19)
SmarTrend Watching for Potential Pullback in Shares of CSX After 2.71% Gain
Comtex SmarTrend(R) - Wed Jun 08, 12:45PM CDT
CSX (NYSE:CSX) traded in a range yesterday that spanned from a low of $26.37 to a high of $27.26. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $26.80 on volume of 4.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CSX: 26.59 (-0.19)
CSX Corporation Chief Financial Officer to Address Citi 2016 Industrials Conference
GlobeNewswire - Wed Jun 08, 10:00AM CDT
Frank Lonegro, CSX Corporation (Nasdaq:CSX) executive vice president and chief financial officer, will address the Citi 2016 Industrials conference in Boston on Wednesday, June 15, at 8:00 a.m. Eastern time.
CSX: 26.59 (-0.19)
Derailment in Oregon Raises Question on Rail Safety
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 3:34PM CDT
Safety issues associated with the transportation of crude oil via train have been inviting speculations for long.
NSC: 83.23 (-0.86), CNI: 58.52 (-0.67), DAL: 40.57 (-1.47), KSU: 89.36 (+0.86), AAL: 31.80 (-1.34), CSX: 26.59 (-0.19), UNP: 88.71 (-0.07)
CSX Corporation Chief Financial Officer to Address Deutsche Bank 2016 Global Industrials and Materials Summit
GlobeNewswire - Wed Jun 01, 10:00AM CDT
Frank Lonegro, CSX Corporation (Nasdaq:CSX) executive vice president and chief financial officer, will address the Deutsche Bank 2016 Global Industrials and Materials Summit in Chicago on Wednesday, June 8, at 8:40 a.m. Central time / 9:40 a.m. Eastern time.
DB: 15.18 (-0.56), CSX: 26.59 (-0.19)
Learn how to target a 20% return on Freeport-McMoRan, or get option-trade ideas on Yelp, Consol Energy, NXP Semiconductors, and CSX or any stock you choose
PR Newswire - Wed Jun 01, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for FCX, YELP, CNX, NXPI and CSX.
CNX: 13.63 (+0.25), FCX: 10.40 (+0.04), NXPI: 87.40 (-1.03), YELP: 26.64 (-0.19), CSX: 26.59 (-0.19)
Look for Shares of CSX to Potentially Pullback after Yesterday's 1.93% Rise
Comtex SmarTrend(R) - Tue May 31, 1:31PM CDT
CSX (NYSE:CSX) traded in a range yesterday that spanned from a low of $25.92 to a high of $26.56. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $25.94 on volume of 3.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CSX: 26.59 (-0.19)
Watch for Shares of CSX (CSX) to Approach Resistance at $26.08
Comtex SmarTrend(R) - Tue May 31, 8:47AM CDT
Shares of CSX (NYSE:CSX) opened today above their pivot of $25.83 and have already reached the first level of resistance at $25.98. Investors may be interested in a cross of the next upside pivot targets of $26.08 and $26.33.
CSX: 26.59 (-0.19)
CSX Urges Extra Caution Around Railroad Tracks During Summer Travel Season
GlobeNewswire - Fri May 27, 9:00AM CDT
As AAA projects the highest Memorial Day weekend travel rate since 2005, and schools around the country begin to release their students to the freedom of summer vacation, CSX (Nasdaq:CSX) and its employees remind drivers and pedestrians to exercise extreme caution around railroad tracks.
CSX: 26.59 (-0.19)
The Zacks Analyst Blog Highlights: Norfolk Southern, Kansas City Southern, Union Pacific, Canadian National Railway and CSX
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:30AM CDT
The Zacks Analyst Blog Highlights: Norfolk Southern, Kansas City Southern, Union Pacific, Canadian National Railway and CSX
NSC: 83.23 (-0.86), CNI: 58.52 (-0.67), KSU: 89.36 (+0.86), CSX: 26.59 (-0.19), UNP: 88.71 (-0.07)
CSX Corp to Boost Efficiency through Administrative Changes
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:23AM CDT
CSX Corp. (CSX) announced a number of changes in its senior management team.
SKYW: 24.40 (-0.64), GNRT: 7.05 (unch), CP: 128.02 (-1.92), CSX: 26.59 (-0.19)
Earnings Beat Galore at Railroads, Coal Still a Drag
Zacks Equity Research - Zacks Investment Research - Mon May 23, 12:07PM CDT
Many companies in the railroad space beat on earnings in the first quarter.
NSC: 83.23 (-0.86), CNI: 58.52 (-0.67), KSU: 89.36 (+0.86), CSX: 26.59 (-0.19), GWR: 62.75 (-0.40), UNP: 88.71 (-0.07)
CSX Names Senior Operations Leaders
GlobeNewswire - Mon May 23, 10:00AM CDT
CSX (Nasdaq:CSX) today appointed new Operations leaders to accelerate the pace toward next-generation safety, service and efficiency.
CSX: 26.59 (-0.19)
CSX Announces Senior Leadership Team Changes
GlobeNewswire - Fri May 20, 10:15AM CDT
Michael J. Ward, Chairman and Chief Executive Officer, today announced a number of senior management changes, including the retirement July 1 of Lisa Mancini, executive vice president and chief administrative officer, following nearly 13 years of exemplary service to CSX Corporation (Nasdaq:CSX).
CSX: 26.59 (-0.19)
CSX Set to Possibly Pullback After Yesterday's Rally of 1.57%
Comtex SmarTrend(R) - Wed May 18, 2:13PM CDT
CSX (NYSE:CSX) traded in a range yesterday that spanned from a low of $25.25 to a high of $25.97. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $25.89 on volume of 3.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CSX: 26.59 (-0.19)
After Yesterday's Rally of 1.57% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed May 18, 2:11PM CDT
CSX (NYSE:CSX) traded in a range yesterday that spanned from a low of $25.25 to a high of $25.97. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $25.89 on volume of 3.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CSX: 26.59 (-0.19)
CSX Corp: Low Shipments to Hit Coal Volumes This Year
Zacks Equity Research - Zacks Investment Research - Wed May 18, 10:57AM CDT
CSX has predicted a decline in earnings per share for 2016.
SKYW: 24.40 (-0.64), CP: 128.02 (-1.92), CSX: 26.59 (-0.19)
CSX Corporation Chief Financial Officer to Address Wolfe Research Global Transportation Conference
GlobeNewswire - Tue May 17, 12:00PM CDT
Frank Lonegro, CSX Corporation (Nasdaq:CSX) executive vice president and chief financial officer, will address the Wolfe Research Global Transportation Conference in New York City on Tuesday, May 24, at 8:00 a.m. Eastern time.
CSX: 26.59 (-0.19)