CNBC Said Besides BNI Buffett Invested In Another NA Railroad Stock
The reporter mentions CSX Corp. (NYSE: CSX), Norfolk Southern Corp. (NYSE: NSC), Union Pacific Corp. (NYSE: UNP) and Canadian National Railway Company (NYSE: CNI) as possibilities.
A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
According to reports from Bloomberg, a Lehman Brother analyst said a sale of the New York Times Co. (NYSE: NYT) to Warren Buffett or any other entity is highly unlikely due to the Sulzberger family control of the company.
Shares of New York Times closed up 3.8% Wednesday on rumors the billionaire was buying shares in the company. The stock is 2% lower today.
Labels: New York Times, NYT, Warren Buffett