Tuesday, April 12, 2016

UPDATE 1-CSX profit dragged down by coal, to stay weak through 2016

CHICAGO, April 12 (Reuters) - No. 3 U.S. railroad CSX Corp

said on Tuesday that lower freight, in particular a 31

percent drop in coal volumes, had hurt its first-quarter profit

and still expected coal to weigh on earnings throughout 2016.

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