Csx To Warn After The Bell

The Biggest Loser: CSX Tumbles 7.6%
By
Teresa Rivas
Dec. 15, 2017 4:35 p.m. ET


CSX(CSX) fell to the bottom of the S&P 500 on Friday, following worries about its CEO's health.

BP-AB281_train_D_20171215163425.jpg

ILLUSTRATION:GETTY IMAGES
CSX slid $4.38, or 7.6%, to $52.93, while the S&P 500 rose 23.80 points, or 0.90%, to 2675.81.

The stock took a hit after CSX announced late yesterday that CEO E. Hunter Harrison istaking medical leave. The company attributed it to "unexpected complications from a recent illness."

The Board of Directors named COO James Foote as acting CEO of the company.

CSX is up 47.3% year to date.

https://www.barrons.com/articles/the-biggest-loser-csx-tumbles-7-6-1513373735
 
The Biggest Loser: CSX Tumbles 7.6%
By
Teresa Rivas
Dec. 15, 2017 4:35 p.m. ET


CSX(CSX) fell to the bottom of the S&P 500 on Friday, following worries about its CEO's health.

BP-AB281_train_D_20171215163425.jpg

ILLUSTRATION:GETTY IMAGES
CSX slid $4.38, or 7.6%, to $52.93, while the S&P 500 rose 23.80 points, or 0.90%, to 2675.81.

The stock took a hit after CSX announced late yesterday that CEO E. Hunter Harrison istaking medical leave. The company attributed it to "unexpected complications from a recent illness."

The Board of Directors named COO James Foote as acting CEO of the company.

CSX is up 47.3% year to date.

https://www.barrons.com/articles/the-biggest-loser-csx-tumbles-7-6-1513373735

He died.

https://www.bloomberg.com/news/arti...n-lauded-railroad-turnaround-chief-dies-at-73
 
I'd consider CSX a good long-term investment. I used to work for them, got to know how they operate. Never doubt the long-term outlook on a company that leases their rails to Amtrak.
 
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