Berkshire Hathaway’s (BRK.B) (BRK.A) (BRK.A, BRK.B) Warren Buffett told CNBC that Berkshire is not in the market to buy a train company. Shares of CSX (CSX) are down 3% to $33.40 following the comment.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSX:
- CSX news lowers expectations of BNSF bid, says JPMorgan
- CSX, BNSF partner on new intermodal service products
- CSX Positioned for Growth: Strategic Initiatives and Market Opportunities Drive Buy Rating
- CSX, CVS, Lowe’s, Target, Thermo Fisher: Trending by Analysts
- Activist letter to CSX ‘unnecessarily aggressive,’ says Citi
