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CSX Shares Fall
CSX Receives SEC Subpoena Covering Years of Accounting Errors
CSX Corp. received a subpoena from the US Securities and Exchange Commission focused on previously disclosed accounting errors and certain non-financial performance metrics.
CSX Receives SEC Subpoena Over Accounting Restatement
The company said it is believes its reporting complied with applicable requirements in all material aspects, but that it can’t predict the outcome or possible impact of the investigation.
CSX Shares Fall After Disclosure of SEC Subpoena Over Accounting Restatement
Shares of CSX on Thursday declined after the railroad company said it received a subpoena from the Securities and Exchange Commission about an accounting restatement disclosed in its second-quarter earnings report.
SEC subpoenas CSX seeking information on accounting restatement
The Company is cooperating with the SEC and providing information responsive to these requests,” the third-quarter report said.
CSX accounting errors under review by SEC
CSX Corporation (NASDAQ:CSX) disclosed Thursday in a regulatory filing with the U.S. Securities and Exchange Commission that the railroad operator received a subpoena from the agency’s Enforcement Division in October pertaining to previously disclosed accounting errors and non-financial performance metrics.
CSX Corp Reveals Climb In Q3 Profit
CSX profit up 8% as railroad hauls 3% more shipments during the third quarter
CSX delivered 3% more shipments in the third quarter to help drive its profit 8% higher. But only modest volume growth is expected in the rest of the year as the Southeast rebuilds after two major hurricanes.
Railroad firm CSX misses profit estimates on sluggish coal volumes
U.S. railroad operator CSX reported third-quarter profit below Wall Street estimates on Wednesday, as lower coal volumes offset benefits from stronger pricing, sending its shares down 3.4% in after the bell trade.
CSX Corp Reveals Climb In Q3 Profit, But Misses Estimates
CSX Corp (CSX) reported earnings for its third quarter that increased from last year but missed the Street estimates. The company's
1h
on MSN
CSX stock on pace for biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX were on pace for their biggest percentage drop in more than three years after the railroad operator on ...
The Washington Post
1d
CSX profit rose 8% in the third quarter but hurricane damage will impact current period
CSX
’s delivered 3% more shipments in the third quarter to help drive its profit 8% higher, but only modest volume growth is ...
3h
STB Approves Transaction That Creates New CPKC-CSX Class I Connection Linking Mexico, Texas and the U.S. Southeast
CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today said the Surface Transportation Board (STB) has ...
3d
What To Expect From CSX's Q3?
We expect the company’s revenues to come in at $3.7 billion and earnings at $0.49 per share, marginally ahead of the ...
Wall Street Journal on MSN
1d
CSX Posts Higher Revenue, Profit as Freight Volume Grows
CSX
posted higher profit and revenue in the third quarter, boosted by merchandise and intermodal volumes. The Jacksonville, ...
2d
CSX (CSX) To Report Earnings Tomorrow: Here Is What To Expect
Freight rail services provider CSX (NASDAQ:CSX) will be reporting earnings tomorrow after market close. Here’s what to look ...
5h
on MSN
Market Navigator: Navigating potential weakness ahead for CSX
Mike Khouw, OpenInterest.Pro chief strategist, joins 'Power Lunch' to discuss tracking weakness in the transports space.
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