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CSX profit falls 22% as new CEO takes over but performance is expected to improve

By Yahoo! Finance   |   1 month ago
CSX profit falls 22% as new CEO takes over but performance is expected to improve

CSX reported a 22% drop in earnings due to completion of construction projects. CEO Steve Angel faces pressure to find a merger partner for CSX to compete with Union Pacific-Norfolk Southern merger. CSX aims to improve performance post construction projects.

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