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CSX posts better-than-expected profit, boosts dividend

2015-04-15 02:12:31| Railroads - Topix.net

The news, which followed a warning Monday from fellow rail company Norfolk Southern Corp., lifted CSX shares 2.4% in after-hours trading. The Jacksonville, Fla.-based CSX said it benefited from growth across many of its markets and the improved pricing environment, which was partially offset by the impacts of lower natural gas prices, lower fuel recoveries and the strong U.S. dollar.

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