1. Articles from Thomas Black

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    1. Hunter Harrison’s Death Leaves CSX’s Transformation in Question

      Hunter Harrison’s Death Leaves CSX’s Transformation in Question

      With CEO Hunter Harrison’s death on Saturday , CSX Corp. lost the counsel of a railroading legend who added almost $17 billion in value in less than a year. Now, acting chief executive officer Jim Foote will have to prove to investors that Harrison’s rapid transformation of CSX was deep enough to deliver lasting efficiency and profit...

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    2. Peltz-Immelt Showdown Heats Up as GE Rushes to Boost Profits

      Peltz-Immelt Showdown Heats Up as GE Rushes to Boost Profits

      Industrial giant plans to cut bonuses if targets are missed Failure could lead to ‘new guy running the show,’ analyst says Jeffrey Immelt has been rumored to be out as General Electric Co.’s chief executive officer more times than anyone can count. But now activist shareholder Nelson Peltz is ratcheting up the pressure in a do-or-die showdown...

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    3. Icahn to Sell Rail Lessor to Sumitomo in $2.8 Billion Deal - Bloomberg

      Icahn to Sell Rail Lessor to Sumitomo in $2.8 Billion Deal - Bloomberg

      Icahn to Sell Rail Lessor to Sumitomo in $2.8 Billion Deal by Cash deal involves 29,000 rail cars with option for 4,800 more Major U.S. railroads have pared spending amid cargo slump Billionaire activist investor Carl Icahn. Photographer: Victor J. Blue/Bloomberg Icahn Enterprises, the investment firm controlled by billionaire Carl Icahn, agreed to sell American Railcar Leasing to Sumitomo Mitsui Banking Corp. in a deal that values the business at $2.78 billion including debt.

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    1-3 of 3
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    Icahn to Sell Rail Lessor to Sumitomo in $2.8 Billion Deal - Bloomberg Peltz-Immelt Showdown Heats Up as GE Rushes to Boost Profits Hunter Harrison’s Death Leaves CSX’s Transformation in Question Wetherspoon Boss Accuses Fidelity of Hypocrisy in Board Spat Jamieson Wellness Inc. Announces Appointment of New Director Elizabeth Holmes Points Fingers at Others and Says She Was a Believer SM Energy Announces The Appointment Of Anita M. Powers To The Company's Board Of Directors II-VI Appoints CEO Chuck Mattera to Chairman Role, Makes Other Board Announcements AcelRx Pharmaceuticals Announces the Appointment of Jill Broadfoot to its Board of Directors ITC Holdings Corp. Makes Two New Appointments to Board of Directors Paychex Board of Directors Announce Appointments of Martin Mucci as Board Chair and CEO and John Gibson as President and Chief Operating Officer A Tech Whistle-Blower Helps Others Speak Out