CSX Corp. (CSX) To Take A Hit, Battle Ship Turning - BofA Merrill/Lynch

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Bullish Options Bias in CSX Corp. (CSX) Amid News of CEO Taking Medical Leave -Susquehanna

December 15, 2017 2:23 PM EST

Susquehanna options strategist Alison Edwards notes bullish options bias in CSX Corp. (NASDAQ: CSX), amid news of CEO Hunter Harrison taking medical leave, as investors bought 5k Feb 60 ( calls for $0.68, sold 5k Feb 62.5 calls at $0.34, and sold 5k Feb 50 puts at ~$1.39 (all separate trades)

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Stephens on CSX Corp. (CSX) CEO Leave: 'We Don't Want to Over-Analyze'

December 15, 2017 7:10 AM EST

Stephens maintains Overweight on CSX (NASDAQ: CSX) price target of $61.00.

Analyst Justin Long sent an update to clients Friday morning following news the CSX CEO Harrison will be taking medical leave. Long does not wan tto over-analyze the potential outcomes until the... More

CSX Corp. (CSX) Shares To See Meaningful Pressure - Citi

December 15, 2017 6:44 AM EST

CSX Corp. (NASDAQ: CSX) announced its CEO Hunter Harrison will be taking a medical leave and Citi analyst Christian Wetherbee believes this will test the "key man risk that has been present since Hunter took the reins in January." The analyst expects... More

CSX Corp. (CSX) CEO Hunter Harrison Takes Medical Leave

December 15, 2017 5:56 AM EST

CSX Corporation (Nasdaq: CSX) announced that its Chief Executive Officer and President, E. Hunter Harrison, is on medical leave due to unexpected complications from a recent illness. Therefore, the Board of Directors has named COO James M. Foote as acting CEO of the Company.

CSX Chairman Edward J. Kelly, III, stated, On behalf of the Board and the entire CSX family, I want to express that our thoughts are with Mr. Harrison and his... More