Canadian Pacific CEO Harrison to leave early
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CSX (CSX) Activist Rumblings Should Put Upward Pressure on Shares, Says Deutsche Bank
January 19, 2017 9:02 AM ESTDeutsche Bank maintained a Buy rating on CSX (NASDAQ: CSX) with a price target of $42. Comments follow rumors that CP's outgoing CEO Hunter Harrison is teaming with activist investor Paul Hilal to attempt to shake up management at CSX. Analyst Amit Mehrotra said he sees continued upward pressure on shares, as investors attention on CSX is directed toward earnings power under a blue sky scenario.
Mehrotra explained, "An outright takeover seems unlikely, in our... More
CP's (CP) Outgoing CEO Hunter Harrison, Activist Paul Hilal Said Set to Target CSX Corp. (CSX)
January 19, 2017 7:11 AM ESTCP's (NYSE: CP) outgoing CEO Hunter Harrison and activist Paul Hilal are set to target CSX Corp. (CSX), according to reports in Dow Jones and Bloomberg.
... More