CSX Corporation: Upcoming 3-for-1 Stock Split

CSX Corporation, of the major US railroads has announced a stocks split in the ratio of 3:1. This move follows Canadian Railroad Canadian Pacific’s (CP) stock split last month.  When the news release came out on Friday, CSX closed at $99.62 and the 52-week high was $104.87. Below is an excerpt from the announcement: JACKSONVILLE, Fla., …

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How Trains Help Make Cars: Infographic

An automobile is made up of over 30,000 parts. Railroads play an important role in the building of cars. Railroads transport raw materials such as metals, plastic and glass to factories that produce auto parts. Then railroads again help move the parts to manufacturers who assemble them into cars. After that railroads transport the finished …

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