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CSX revenue falls 13% as coal shipments fall

2016-01-13 02:40:36| Railroads - Topix.net

CSX Corp. said Tuesday that its fourth-quarter revenue fell by 13% as lower coal volumes, which has hurt the entire railroad sector, continued to weigh on the rail giant. The company managed to beat, however, Wall Street expectations for earnings, partly because of lower fuel costs and efficiency gains.

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Record fall in global demand for PCs

2016-01-13 01:46:57| BBC News | Business | UK Edition

Falling global demand for personal computers (PC) saw shipments fall by a record 10.6% in the fourth quarter from a year ago, according to market research firm IDC.

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Edinburgh profits fall for Sumitomo

2016-01-12 03:38:36| Grocery - Topix.net

Edgen Murray Europe, the Edinburgh-based steel trading company once owned by Sir David Murray, saw profits fall in its second year under Japanese parent Sumitomo Corporation.. The A 4.4m dividend paid to Japan in the previous 15-month period fell to A 2.3m, as pre-tax profit dropped from A 8.8m to A 4.9m.

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Crude oil prices fall due to oversupply fears

2016-01-12 01:00:00| Offshore Technology

Crude oil prices declined 3% on Tuesday as analysts cut their 2016 oil price forecasts due to continuing oversupply and weak economy in China.

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Fall Protection Violations Face Likelihood of Higher Fines and Increased Frequency in 2016

2016-01-12 01:00:00| Hydrocarbons Technology

Employers should be alert to fall protection standards since fines on the Occupational Safety and Health Administration's most frequent violation will be increasing in 2016.

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