The Conversation (0)
Lower Coal Consumption Doesn’t Hurt CSX Earnings
Mar. 15, 2012 02:44PM PST
Industrial Metals Investing
Reuters reported that CSX Corp. (NYSE:CSX) produced record earnings even though consumers used less coal.
Reuters reported that CSX Corp. (NYSE:CSX) produced record earnings even though consumers used less coal.
As quoted in the market news:
Shares of the No. 2 publicly traded railroad company closed up 8.5 percent at $21.92, outperforming the 3.3 percent rise in the Dow Jones Transportation average.