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Stock Market & Financial Investment News

News Breaks
November 4, 2012
01:48 EDTCSXCSX could begin to lap the worst of the coal declines, Barron's reports
CSX (CSX) has been hurt by record-low natural-gas prices, which in turn have encouraged electric utilities to switch to gas from coal -- resulting in less coal to haul. Coal transport represents about 28% of CSX's revenue. CSX appears to be coping well with its challenges, says Jason Clark, a portfolio manager with Al Frank Asset Management, which has been buying CSX shares of late. It might take awhile for coal to bottom, but the process appears to have begun, he says. The railroad is also making significant cost cuts and productivity strides. CSX offers an appealing 2.7% dividend yield, and it continues to buy back shares. Reference Link
News For CSX From The Last 14 Days
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February 12, 2016
11:05 EDTCSXCSX to streamline mechanical operations at 16 locations
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09:59 EDTCSXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Aegerion (AEGR) downgraded to Underperform from Neutral at BofA/Merrill... Archer Daniels (ADM) downgraded to Hold from Buy at Argus... Bed Bath & Beyond (BBBY) downgraded to Perform from Outperform at Oppenheimer... Best Buy (BBY) downgraded to Perform from Outperform at Oppenheimer... Boeing (BA) downgraded to Neutral from Overweight at JPMorgan... CSX (CSX) downgraded to Market Perform from Outperform at Avondale... Comstock Resources (CRK) downgraded to Neutral from Buy at Ladenburg... EV Energy (EVEP) downgraded to Neutral from Buy at Ladenburg... FNFV (FNFV) downgraded to Market Perform from Outperform at Keefe Bruyette... Flowers Foods (FLO) downgraded to Hold from Buy at Deutsche Bank... Goldcorp (GG) downgraded to Sector Performer from Outperformer at CIBC... Group 1 Automotive (GPI) downgraded to Sector Weight from Overweight at KeyBanc... HSBC cuts Sprint (S) to sell, says competitors may make turnaround difficult... KAR Auction (KAR) downgraded to Neutral from Buy at Goldman... LINN Energy (LINE) downgraded to Sell from Neutral at Citi... LPL Financial (LPLA) downgraded to Market Perform from Outperform at Wells Fargo... Legacy Reserves (LGCY) downgraded to Neutral from Buy at Ladenburg... LinnCo (LNCO) downgraded to Sell from Neutral at Citi... Memorial Production (MEMP) downgraded to Neutral from Buy at Ladenburg... NetApp (NTAP) downgraded to Underweight from Neutral at Atlantic Equities... Netflix (NFLX) downgraded to Market Perform from Outperform at FBR Capital... Nu Skin (NUS) downgraded to Neutral from Buy at Sidoti... Oceaneering (OII) downgraded on multiple headwinds at RBC Capital... Och-Ziff Capital (OZM) downgraded to Neutral from Buy at Compass Point... Stone Energy (SGY) downgraded to Neutral from Buy at Ladenburg... Vanguard Natural (VNR) downgraded to Neutral from Buy at Ladenburg.
08:44 EDTCSXCSX downgraded to Market Perform from Outperform at Avondale
Avondale downgraded CSX to Market Perform citing ongoing macro headwinds and lowered its price target to $18 on shares.

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