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Saturday 26 September 2015
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Stocks News Buzz: CSX Corp. (NYSE:CSX), E. I. du Pont de Nemours and Company (NYSE:DD), International Business Machines Corporation (NYSE:IBM)

On Friday, Shares of CSX Corp. (NYSE:CSX), lost -1.58% to $26.85.

Fredrik Eliasson, CSX Corporation executive vice president and chief financial officer, will address Cowen and Company’s 8th Annual Global Transportation conference in Boston on Wednesday, September 9, 2015, at 8:00 a.m. Eastern Time.

CSX Corporation, together with its auxiliaries, provides rail-based transportation services in the United States and Canada. It offers traditional rail services, and transports intermodal containers and trailers.

Shares of E. I. du Pont de Nemours and Company (NYSE:DD), declined -3.88% to $48.60, during its last trading session.

DuPont declared that it has named John L. Chrosniak, President, DuPont Sustainable Solutions effective Sept. 1, succeeding James R. (Jim) Weigand, who has been designated Chairman & CEO of the DuPont Teijin Films joint venture.

Chrosniak reported to Marc Doyle, senior vice president, DuPont Safety & Protection, while Weigand reported to Patrick E. Lindner, president, DuPont Performance Polymers.

“We thank Jim for his many years of leadership expanding the Sustainable Solutions business at DuPont,” said Doyle. “John brings global business experience with a proven record of success in setting strategy and direction and creating top line growth, and will make an outstanding leader at an important time for Sustainable Solutions.”

Lindner said, “Jim’s deep global leadership experience and incredibly diverse business knowledge will assist strengthen the Teijin Films joint venture worldwide.”

E.I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides.

Finally, International Business Machines Corporation (NYSE:IBM), ended its last trade with -2.10% loss, and closed at $143.70.

International Business Machines Corporation declared that Digital Workshop, one of South African’s leading boutique full-service film and television post-production facilities, has selected high-speed file transfer and workflow automation software from Aspera, an IBM company, to ingest, manage and distribute the hundreds of hours of diverse media content it receives daily from global content owners.

Digital Workshop receives up to five terabytes of DCP (Digital Cinema Package) trailers, EPK (Electronic Press Kit) packages, artwork, television spots and film trailers from global film studios, content distributers and business partners each month. Packaging the media to the required file formats and size, before distributing it to broadcasters and cinemas across South Africa, was an inefficient and time-consuming tape-based process.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support.

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