Hunter Harrison

Airlines and cruise line stocks have had an extremely volatile couple of years since the pandemic completely shut down global travel back in 2020. Travel industries still haven't recovered to their pre-pandemic levels. In addition, ongoing supply chain issues have created extreme volatility in...

Hunter Harrison’s death is a blow to CSX Corporation (NASDAQ: CSX). Management knows it.  "With the passing of Hunter Harrison, CSX has suffered a major loss,” Chairman Edward Kelly III said in a press release. Shareholders know it. News of his then-illness prompted their 8-...

Hunter Harrison had barely served nine months of his four contracted years at CSX Corporation (NASDAQ: CSX) before taking a medical leave mid-December. On Saturday, the company announced his death. The CEO’s significance to the firm was seen in an 8-percent stock pullback, representing a $4-...

Shares of railroad operator CSX Corporation (NASDAQ: CSX) plunged Friday, reacting to the company's announcement late Thursday that its CEO Hunter Harrison is proceeding on medical leave due to unexpected complications arising out of a recent illness. In early trading, CSX shares were down 7....

Need that Labor Day breather? So did CSX Corporation (NASDAQ: CSX). The railroad operator closed out August with a heavy backlog of shipments, disrupting supply chains from coal to food production and forcing time-constrained clients to seek alternative transport services, according to the Wall...

What impact will the death of fossil fuels have on CSX Corporation (NASDAQ: CSX)? CSX's CEO Hunter Harrison said during the company's second-quarter conference call that "fossil fuels are dead" — which implies the company won't invest in new coal-related assets, Loop Capital Markets' Rick...

For many investors deciding what to do with a stock that's up 50 percent in a few months is a difficult task. On the one hand, few can fault an investor for cashing in on an impressive gain but they risk selling early. Among the five S&P 500 stocks up at least 50 percent this year, CSX...

Close on heels of stellar first-quarter results from CSX Corporation (NASDAQ: CSX), Raymond James upgraded its rating on the shares of the company to Outperform from Market Perform. The firm has a new $55 price target for the shares. Raymond James, as well as Loop Capital Markets in a separate...

Loop Capital Markets said in a note released on Friday Canadian Pacific Railway Limited (USA) (NYSE: CP)'s pivot to growth will take longer than the markets thinks. This along with the fact that the company's stock has come within 4 percent of its price target has prompted the firm to downgrade its...

CSX Corporation (NASDAQ: CSX) announced Monday the immediate installation of Hunter Harrison as CEO, but the appointee comes not without conditions. Having laid out a list of demands, Harrison suggested that he would resign after the annual meeting if the terms were yet unmet. Shareholders must now...

CSX Corporation (NASDAQ: CSX) announced the appointment of Hunter Harrison as its CEO effective immediately, with a four-year contract. The speedy entry of Hunter Harrison “should be a significant positive for shares over the course of this year and next,” Deutsche Bank’s Amit...

Deutsche Bank has upgraded CSX Corporation (NASDAQ: CSX) as its recent discussion with Mantle Ridge CEO Paul Hilal suggests profitability improvements are likely to be achieved within three years versus brokerage’s prior five-year assumption. Hunter Harrison Shares of railroad operator have...

If you think CSX Corporation (NASDAQ: CSX) is the only possible M&A target, you could be mistaken. There might be other potential opportunities for investors, according to Loop Capital. On Monday, Canadian Pacific Railway Limited (USA) (NYSE: CP) filed its separation agreement with outgoing CEO...

Following reports of Hunter Harrison attempting a management shakeup at CSX Corporation (NASDAQ: CSX) along with hedge fund manager and activist investor Paul Hilal, Loop Capital's Rick Paterson told Benzinga that it isn't as simple as it seems. Harrison + Hilal = Lethal Combo According to a...

Rail companies were the latest sector to report their quarterly earnings. Here is a roundup of how the major players performed. Canadian Pacific Railway Canadian Pacific Railway Limited (USA) (NYSE: CP) reported it earned C$3.04 per share on revenue of C$1.64 billion in the fourth quarter. E....