Tag Archives: times-union


CSX, hedge fund fight in Congress; troubled fund backs off activism

June 29, 2009 : Permalink

Florida Times-Union – CSX Corp.’s proxy fight with two hedge funds ended in September with four nominees from The Children’s Investment Fund Management LLP and 3G Capital Partners Ltd. winning election to CSX’s board. But even though the fight is […]

Unions say they lost $1B

April 21, 2009 : Permalink

Albany Times Union – A group of upstate unions claims it lost nearly $1 billion in pension and other benefit funds after an investment manager placed the money with Bernard Madoff Investment Securities LLC. Now, the unions have filed a […]

CSX Third Quarter Profits Down, Ward Optimistic

October 15, 2008 : Permalink

New York (HedgeCo.Net) – Jacksonville-based CSX Corp’s profit fell 6.1 percent in the third quarter according to their regulatory filing yesterday, thanks to reduced freight in a sour U.S. economy.  This is the first time in the last five quarters […]