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CSX Corp. - Don't Lose Hope
2015-08-30 00:16:03| Railroads - Topix.net
Since its Q2 results, CSX has declined almost 15% as the company sees weakness in the coal market to continue into 2016. Coal shipments, however, increased earlier this month, and the trend could continue in the long run as natural gas prices increase, which will improve the economics of coal-fired generation.
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Category:Transportation and Logistics
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