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CSX Full-Year Outlook Lowered on Weaker Volume Growth

2015-04-16 00:07:41| Railroads - Topix.net

Analysts have questioned whether boom times for railroads might be over, as stock prices have dipped and volumes are lower than expected CSX Corp. executives told analysts Wednesday that the railroad's outlook for the full-year has been curtailed by an unexpectedly weak first quarter in which volume rose only 1%, revenue was flat and industrywide growth was suppressed by coal, the stronger dollar and winter weather.

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