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.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?