Want to join the conversation?
Over long-term, $CSX sees to incur significant capital costs related to implementation of positive train control system (PTC). $CSX sees multi-year cost of PTC implementation of about $2.2Bil. This estimate includes costs for installing new system along tracks, upgrading locomotives, adding communication equipment and developing new technologies.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.