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coal-investing

Lower Coal Consumption Doesn’t Hurt CSX Earnings

Investing News Network
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.

Click here to read the full Reuters report.

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