Write-Down of Greenbrier Book Value to Trim Earnings: ; Csx Looking at Ways to Increase Posh Resort's Potential to Guests
Charleston Gazette › January 14, 2009
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Summary
A $100 million write-down of its investment in The Greenbrier resort will lower the fourth-quarter earnings for CSX Corp., the company announced late Monday.
CSX said it incurred a noncash impairment charge of about 27 cents per share related to the write-down of its investment in its posh resort in White Sulphur Springs.See the full content of this document
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Write-Down of Greenbrier Book Value to Trim Earnings: ; Csx Looking at Ways to Increase Posh Resort's Potential to Guests
With more than 400 million shares of common stock, the write- down amounts to at least $100 million. A CSX news release Monday did not list the dollar v...
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