Tag Archives: board-election


Shareholder Sues CSX, Claims Hedge Funds Were to Blame

October 30, 2008 : Permalink

New York (HedgeCo.Net) – CSX is finding themselves in the middle of another battle, this time with a shareholder who is suing the railroad company along with hedge funds TCI and 3G Capital Partners. Shareholder Deborah Donoghue is seeking the […]

CSX Third Quarter Profits Down, Ward Optimistic

October 15, 2008 : Permalink

New York (HedgeCo.Net) – Jacksonville-based CSX Corp’s profit fell 6.1 percent in the third quarter according to their regulatory filing yesterday, thanks to reduced freight in a sour U.S. economy.  This is the first time in the last five quarters […]

CSX Concedes Two Board Seats to Hedge Funds

July 28, 2008 : Permalink

New York (HedgeCo.Net) – CSX looks to be cutting some slack to the two rebel hedge funds that have been on a quest to restructure their board of directors.  The railroad company said that it will give two seats to […]

CSX board to meet, but agenda uncertain

July 25, 2008 : Permalink

Miami Herald- CSX is resuming its annual meeting in Jacksonville, but it is uncertain what will be on the agenda. When the board met in June in New Orleans, it halted the meeting so it could continue counting votes for […]