|Bid||51.07 x 100|
|Ask||52.24 x 100|
|Day's Range||51.08 - 52.14|
|52 Week Range||24.43 - 52.65|
|PE Ratio (TTM)||28.28|
|Dividend & Yield||0.80 (1.59%)|
|1y Target Est||N/A|
Shareholders are being asked to vote on whether to support a one-time payment to the well-respected railroad executive that is based on an amount he forfeited when leaving CP
These are the stocks posting moves before the bell.
Proxy adviser Institutional Shareholder Services (ISS) has recommended that owners of CSX Corp stock vote in favor of an $84 million payment related to the appointment of new Chief Executive Officer Hunter Harrison. The recommendation is a boon for activist hedge fund Mantle Ridge, which is trying to convince shareholders to agree to the payment. Mantle Ridge fronted the $84 million payment to extract Harrison early from his previous employer, fellow rail company Canadian Pacific Railway, where as CEO he led a turnaround.