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Stock Market & Financial Investment News

News Breaks
April 16, 2014
08:09 EDTCSXCSX says overall outlook for Q2 is 'favorable'
Expects strong 2013 harvest shipments to continue with an increase in food and beverage shipments. Expects strength in energy-related markets to continue and steel production expected to increase. Expects recovery in residential construction and an increase in wind energy demands. Sees decreased demand for thermal shipments and modest growth for North American vehicle production. Expects moderate increase in short-haul phosphate rock. Comments taken from slides for Q1 earnings conference call.
News For CSX From The Last 14 Days
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July 17, 2014
08:01 EDTCSXCSX price target raised to $38 from $33 at Argus
Argus increased its price target on CSX after the company reported stronger than expected Q2 results. The firm remains upbeat on North American railroad companies and keeps a Buy rating on CSX.
July 16, 2014
09:33 EDTCSXCSX expects international traffic in low-single digits going forward
09:19 EDTCSXCSX expects 'much more robust' volume environment going forward
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09:00 EDTCSXCSX expects positive demand enviornment in Q3
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08:59 EDTCSXCSX expects Q3 earnings to be roughly flat vs. prior year
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08:24 EDTCSXCSX aims to build on Q2 momentum with continued strength in 2H14
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