CSX Corp. (CSX) Tops Q3 EPS by 3c; Revenue Fell 8%
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Oppenheimer Reiterates Perform on CSX Corp. (CSX) Following Solid 3Q
October 13, 2016 9:58 AM EDTOppenheimer reiterated a Perform rating on CSX Corp. (NASDAQ: CSX) following the company's 3Q earnings report. CSX reported 3Q EPS of $0.48, exceeding the consensus estimates of $0.45. Revenue declined 7.8% y/y to $2.710B, which still exceeded the consensus of $2.688B.
Analyst Scott Schneeberger... More