Profit up 33 percent, not including restructuring costs
http://trn.trains.com/news/news-wire/2017/07/18-csx-earnings
Brian Schmidt, Editor, Classic Trains magazine
CSX has always had sharp pencils - guess EHH sharpened them further
Never too old to have a happy childhood!
Chuck,
What EHH does with CSX remains to be seen. It is a compex road with many branches that are vital to survival, [ think the coal roads that produce revenue and the intermodal lines].
EHH is not the "be all end all". His record will stand for itself. Good, bad, or indiffernet remains to be seen.
Norm
Just saw stock dropped $3+ on the news
Has not HH fired the very people that the made the profits possible?
IC, CN, CP, all have relatively simple profitable rout structures. CSX, even if simplified, is more complex, more difficult to manage in my opinion, and much of the cost-saving measures HH introduced to CN and CP were implimented already, again in my opinion.
All rail stocks sharply down today..
BaltACD Just saw stock dropped $3+ on the news
Profit taking?
Larry Resident Microferroequinologist (at least at my house) Everyone goes home; Safety begins with you My Opinion. Standard Disclaimers Apply. No Expiration Date Come ride the rails with me! There's one thing about humility - the moment you think you've got it, you've lost it...
Brian Schmidt Profit up 33 percent, not including restructuring costs http://trn.trains.com/news/news-wire/2017/07/18-csx-earnings
Thanks to Chris / CopCarSS for my avatar.
probably down 33% lol
"Profit up 33 percent"
That could mean they made a solid $2.00 rather than a Buck-fifty. Percentages are FUN!
(Suppose I COULD go read the link to see the real numbers...)
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