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Railroad stocks derailed by K.C. Southern outlook

2015-03-23 20:28:20| Railroads - Topix.net

Railroad stocks took a beating Monday, dragging down the broader transport sector, after Kansas City Southern cut its sales outlook, citing the negative effects of lower oil prices and continued weakness in the Mexican peso. tumbled $8.94, or 7.7%, to the lowest level since July 1, 2014.

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