(Source: Associated Press, April 17, 2018)
OMAHA, Neb. — CSX’s first-quarter profit nearly doubled thanks to further cost cuts at the railroad and a restructuring that weighed on its earnings a year ago. The Jacksonville, Florida-based company on Tuesday posted net income of $695 million, or 78 cents per share. That’s up from last year’s $362 million, or 39 cents per share.
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