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CSX News

News on CSX (Ticker: CSX) continually updated from thousands of sources around the net.

5 hrs ago | WIVB-TV Buffalo

Witness: train was malfunctioning before fire

Buffalo fire investigators believe a rash of brush fires along CSX tracks, from the Eastside to Black Rock, was touched off by a malfunctioning train, and now a witness is telling a story that would support the investigators.

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Related Topix: Train Disaster, Buffalo, NY, Railroads, Retail, KSS Retail, Kohls, Natural Disasters, Wildfire, Fire

9 hrs ago | WAFF-TV Huntsville

Tennessee News Minute

The National Transportation Safety Board says high speed was the probable cause of a shipping accident that did more than $2 million worth of damage to a CSX Corp. coal pier in Baltimore Harbor.

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Related Topix: Railroads, Dover, DE, New Castle County, DE

13 hrs ago | The New Zealand Herald

NTSB: Ship hit Md. CSX pier while going too fast

The National Transportation Safety Board says high speed was the probable cause of a shipping accident that did more than $2 million worth of damage to a CSX Corp. coal pier in Baltimore Harbor.

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Related Topix: Boat Disaster, Railroads

16 hrs ago | The Motley Fool

LNG Could Save Your Rail Stock Billions of Dollars

In 2012, the seven largest freight railroad companies spent $11 billion to guzzle more than 3.6 billion gallons of diesel fuel.

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Related Topix: Railroads

Thu Apr 17, 2014

The Washington Post

Union Pacific Tops Profit Estimates in U.S. Economy Rebound

Union Pacific Corp.'s first-quarter profit beat analysts' estimates as a strong harvest and a U.S. factory rebound boosted rail traffic amid harsh winter weather.

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Related Topix: Transportation, Union Pacific, Railroads, Agriculture, Science, Business News

UnionLeader.com

Stocks surge on Yellen comments

Stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.

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Related Topix: Financial Markets, Banking, Bank of America, Financial Services, Railroads

Business Journal

CSX sees ripple effects from winter, but rest of year looks rosier

The disruption caused to CSX Corp. by the winter weather will continue to be felt into the second quarter, CEO Michael Ward said Wednesday, but once that works itself out, an improving coal business will lead to modest yearly growth.

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Related Topix: Railroads

Market Wire

Harsh Winter Weather Takes Bite Out of CSX Railway Profits in...

Citing an exceptionally harsh winter, U.S. railway company CSX Corporation said its first-quarter net earnings fell nearly 15% to $398 million from the same quarter last year.

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Related Topix: Railroads

AmericanBankingNews.com

Bank of America Reiterates Buy Rating for CSX

's stock had its "buy" rating reiterated by research analysts at Bank of America in a report released on Wednesday, Stock Ratings Network.com reports.

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Related Topix: Railroads

Wed Apr 16, 2014

Post and Courier

CSX railroad expects modest 2014 profit growth

CSX railroad expects to deliver modest profit growth this year, but the impact of the severe winter will linger into the second quarter.

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Related Topix: Railroads

Freshnews

The Zacks Analyst Blog Highlights: CSX Corp, T-Mobile US, AT&T, Verizon Communications and Sprint

CHICAGO, April 16, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog.

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Related Topix: Railroads, Verizon Communications, Sprint Nextel, Cable & Satellite, Telecom, ATT, IT Services, Startups, Versant, Verizon

Hispanic Business

CSX Corp - 10-Q - Management's Discussion and Analysis of Financial...

Total revenue increased 2% year over year driven by overall volume growth and pricing gains across most markets.

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Related Topix: Railroads, Agriculture, Science, Weather

Seeking Alpha

CSX's CEO Discusses Q1 2014 Results - Earnings Call Transcript

Good morning, ladies and gentlemen and welcome to the CSX Corporation's First Quarter 2014 Earnings Call.

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Related Topix: Railroads, Marketing

The Motley Fool

CSX Corporation Beats Estimates, but Still Looks Expensive

The bad news is that earnings declined year over year. The good news is that earnings didn't decline quite as much as investors had expected.

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Related Topix: Railroads

Seeking Alpha

With The Declining Trend In Coal, Is CSX Still A Buy?

Over the past year, CSX Corporation's stock price has had a decent run. Over the past twelve months, the stock increased from ~$24.00 to the current price of $28.01.

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Related Topix: Railroads

Tue Apr 15, 2014

Seattle Post-Intelligencer

CSX 1Q profit falls 14 pct as weather slows rails

Harsh winter weather slowed CSX railroad and contributed to a 14 percent drop in first-quarter profit, even as freight volume grew modestly.

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Related Topix: Railroads

The Miami Herald

CSX 1Q profit falls 14 pct as weather slows rails

In this March 22, 2014 picture, a crew member walks on a CSX freight train engine in Brunswick, Md.

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Related Topix: Railroads

Business Journal

CSX earnings drop a nickel a share

CSX Corp's first-quarter earnings per share dropped a nickel from a year ago, a decline the company blames in part on bad winter weather.

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Related Topix: Railroads

Wall Street Journal

CSX Profit Falls 14%

CSX Corp. said its first-quarter earnings fell 14% as winter-related disruptions contributed to higher costs and weighed on the railroad company's revenue growth.

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Related Topix: Railroads

The Motley Fool

CSX Corporation's First-Quarter Earnings Fall, but 2014 Growth Expected

Railroad traffic picked up slightly in the first quarter and that resulted in better-than-expected earnings for railroad operator CSX Corporation ( Overall volume was up 3% in the first quarter and revenue grew 2% to $3.0 billion.

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Related Topix: Railroads

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