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CSX 2Q profit improves 5 percent as fuel costs stay low

2015-07-15 00:07:57| Railroads - Topix.net

CSX Corp.'s second-quarter profit improved 5 percent on lower costs, even though the number of shipments the railroad delivered declined slightly. Shares rose as earnings beat analyst expectations, even though revenue dropped 6 percent to $3.06 billion, a steeper decline than Wall Street had expected.

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