October 20, 2019
  • 11:04 am Veteran director J Om Prakash dies
  • 11:02 am Jaitley responding to treatment VPs office after Naidu visits AIIMS
  • 10:57 am Govt seeks report from schools about initiative for cleaning Yamuna
  • 10:16 am Hong Kong leader insists she will stay on
  • 10:15 am Japan briefs diplomats to wipe Fukushima nuke water concern

JACKSONVILLE, Fla. (AP) _ CSX Corp. (CSX) on Tuesday reported second-quarter profit of $870 million.The Jacksonville, Florida-based company said it had profit of $1.08 per share.The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.The freight railroad posted revenue of $3.06 billion in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $3.14 billion.CSX shares have risen 28% since the beginning of the year, while the Standard & Poor’s 500 index has risen 20%. In the final minutes of trading on Tuesday, shares hit $79.34, a climb of 24% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSX at https://www.zacks.com/ap/CSXThe Associated Press

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