
CSX Corporation (NASDAQ:CSX) shares traded lower on Monday after reports indicating the company and the Burlington Northern Railroad have not held merger talks. CNBC also reported Berkshire is not in the market to buy a train company.
What To Know: According to Reuters, Berkshire Hathaway CEO Warren Buffett told CNBC that Berkshire isn't looking to buy another railroad, easing speculation around a potential CSX–BNSF deal.