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CSX Corp. (CSX) Stock Lower After Kansas City Southern Lowers Revenue Guidance

2015-03-23 21:28:08| Railroads - Topix.net

Kansas City Southern said it now expects low single-digit revenue growth for full year 2015, down from mid single-digit growth for the year. The railroad operator said the decrease is due to slow year-to-date carload growth from the energy sector, the continued weakening of the Mexican peso compared to the U.S. dollar, and lower fuel surcharge revenues.

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