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Is CSX Sounding The Horn On The U.S. Credit Cycle?

2015-04-28 11:12:52| Railroads - Topix.net

CSX is one of the first old-line industrial companies to embark on a share buyback program funded from borrowing rather than free cash flow generation. Increasing leverage while top-line growth is anemic could signal that a new stage of the U.S. credit cycle has begun.

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