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CSX profit rises, stock gains

2015-07-15 02:09:32| Railroads - Topix.net

CSX Corp. said Tuesday that profit rose 4.5% during its latest quarter, though falling coal volume weighed on revenue, which retreated 5.5% and came in below analysts' estimates. Low fuel costs helped the rail company slash expenses to $2.04 billion from $2.24 billion during the same period a year ago.

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