After rail strike averted, chance for ‘freight recession' should still spook investors, analysts say [MarketWatch]
CSX Corporation (CSX)
Last csx corporation earnings: 4/22 04:02 pm
Check Earnings Report
US:NYSE Investor Relations:
csx.com/index.cfm/investors/news-releases
Company Research
Source: MarketWatch
Railroad operators CSX Corp. and Norfolk Southern Corp. were hit with a downgrade from Susquehanna on Wednesday, with analysts citing bigger profit risk to rails operating in the eastern U.S., lingering potential for a work stoppage and a broader weakening of the economy. “As we look toward 2023, macroeconomic clouds continue to gather, the pressure to improve rail service hasn't eased, U.S. rail labor costs are due a markup for the tentative union agreements, and the risk of a work stoppage could arise again in late November and early December,” Susquehanna analysts Bascome Majors, Jeff Johnson and Harrison Bauer wrote in a research note on Wednesday. The analysts later added: “Rails shares aren't yet priced for a freight recession.” Rail unions have reached a tentative deal with the nation's biggest railroads to avoid a strike that could have gouged the U.S. economy and threatened shipments for grain, coal, chemicals, cars and other merchandise. But some reports said the unio
Show less
Read more
Impact Snapshot
Event Time:
CSX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CSX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CSX alerts
High impacting CSX Corporation news events
Weekly update
A roundup of the hottest topics
CSX
News
- CSX Corporation Announces Date for First Quarter Earnings Release and Earnings CallGlobeNewswire
- CSX Commits $10 Million Donation to Museum of Science & History's Move to the Northbank [Yahoo! Finance]Yahoo! Finance
- CSX Commits $10 Million Donation to Museum of Science & History’s Move to the NorthbankGlobeNewswire
- Here's Why Investors Should Hold on to CSX Stock for Now [Yahoo! Finance]Yahoo! Finance
- Tracking The Recovery Of CSX Corporation [Seeking Alpha]Seeking Alpha
CSX
Earnings
- 1/24/24 - Beat
CSX
Sec Filings
- 3/25/24 - Form ARS
- 3/25/24 - Form DEFA14A
- 3/25/24 - Form DEF
- CSX's page on the SEC website