Saturday, February 11, 2017

Union Pacific Corporation vs. CSX Corporation

A quick look at the stock charts of railroads Union Pacific Corporation and CSX Corporation would suggest the latter had a much weaker fourth quarter than its peer, but that doesn't tell the whole story. In truth, CSX's startling gain on the week is largely due to the news that Canadian Pacific Railway Limited  CEO Hunter Harrison was leaving the company in order to join activist investor Paul Hilal with an aim of taking action with CSX -- a railroad Canadian Pacific is believed to have sought to take over previously. While Harrison's move has sent the stock soaring, it's an investor's role to keep a clear head and look at the details in the quarter and compare them with the competition's results. So here goes.

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