|Day Low/High||151.34 / 152.70|
|52 Wk Low/High||139.29 / 167.52|
Harrison's aggressive cost-cutting measures have met resistance from some CSX employees.
The top executives at these seven companies all left after pressure from activist investors in 2017.
Jim Cramer says when an old-school, large-cap company sees its shares double in less than a year, it's time to take notice.
Jim Cramer says the markets could be further rattled by the Federal Reserve meeting.
Mantle Ridge, an activist investor, executed the payment to extract CEO Hunter Harrison from his previous employer, Canadian Pacific Railway.
Both proxy advisory firms recommended that shareholders back the payment. ISS suggested that failure to back it would result in "an immediate and significant loss of shareholder value."
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
The influential shareholder advisory firm changes its mind and now urges investors to support the election of activist investor Mantle Ridge's Paul Hilal to the board of railroad giant CSX.