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Sony to shed assets, Telefónica shifts, megabanks merge, and Chevron confirms layoffs — all part of this week's deal ...
Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
The combination of two large rail companies would create the first coast-to-coast network, but the deal could reduce ...
Now that Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) have confirmed they are in advanced merger talks, all eyes are on CSX (NASDAQ:CSX) and whether it might also consider a merger.
According to Oliver Wyman, a consultancy, the share of intermodal goods in America that travel by rail on journeys longer ...
Key Points These three companies seem well-positioned to grow even further. Buffett also likes a simple low-fee solution: an ...
On an adjusted basis, it reported a profit of 44 cents per share, above the analysts' average estimate of 42 cents per share, ...
Speculation in the railroad industry has intensified in recent weeks following reports that Union Pacific (NYSE:UNP) is exploring a takeover of Norfolk Southern (NYSE:NSC). The proposed deal would ...
Warren Buffett's recent dismissal of Goldman Sachs’ advisory role in potential railroad mergers underscores his deep-seated ...
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
Berkshire Hathaway CEO Warren Buffett on July 22 denied reports that BNSF is working with Goldman Sachs on a possible merger ...