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Wall Street encouraged by CSX report

2016-04-18 19:04:34| Logistics - Topix.net

CSX Corp. reported lower first-quarter earnings and a drop in revenue that was even bigger than analysts were expecting, but investors were pleased overall with the Jacksonville-based railroad company's report. Analysts said they were encouraged by CSX's efforts to manage the business in the face of lower freight volumes, particularly a sharp drop in coal shipments.

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The Wall Street Journal: Verizon appears to lead pack of Yahoo bidders

2016-04-18 05:10:37| Telecom - Topix.net

Verizon Communications Inc.'s pursuit of Yahoo Inc. received a boost as several prominent suitors opted not to make offers for the beleaguered Internet company. Ahead of a Monday deadline for preliminary bids, the telecom giant was among a handful of firms moving ahead with offers to buy Yahoo or parts of it, compared with the roughly 40 firms that had initially expressed interest, people familiar with the process said.

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Is Wall Street a problem for Hillary Clinton?

2016-04-14 01:00:43| BBC News | Business | UK Edition

Is Wall Street a problem for Hillary Clinton?

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Energy shares boost Wall Street

2016-04-14 00:12:36| Oil & Gas - Topix.net

Wall Street gained on Tuesday, led by surging energy shares that were buttressed by rising oil prices, as investors scooped up equities at the start of corporate earnings season. Energy shares jumped 2.8 percent, with oil majors Exxon Mobil and Chevron giving two of the biggest boosts to the S&P 500.

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Energy shares boost Wall Street

2016-04-13 22:56:38| IT Services - Topix.net

Wall Street gained on Tuesday, led by surging energy shares that were buttressed by rising oil prices, as investors scooped up equities at the start of corporate earnings season. Energy shares jumped 2.8 percent, with oil majors Exxon Mobil and Chevron giving two of the biggest boosts to the S&P 500.

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