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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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October 27, 2014
10:55 EDTCSXCSX confirms train derailment in Tennessee
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October 21, 2014
13:27 EDTCSXCSX comes off intraday high after CP says done exploring merger
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October 20, 2014
12:16 EDTCSXCanadian Pacific still interested in consolidation, says UBS
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09:22 EDTCSXOn The Fly: Pre-market Movers
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07:02 EDTCSXCanadian Pacific confirms termination of exploratory talks with CSX
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October 17, 2014
05:55 EDTCSXStocks with implied volatility movement; ABBV CSX
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