The Traderszone Network

Published in TZ Latest News 26 March, 2015 by The TZ Newswire Staff

CSX Cuts Outlook Despite CEO Saying "Expects No Impact From Low Oil Prices"

When CSX CEO Michael Ward arrogantly strode onto CNBC six weeks ago and proclaimed, he has “not seen any changes,” suggesting everything’s fine down to $30-35 oil and “expected no impact on crude shipments,” we carefully suggested he was being a little careful with the truth. So, when today, the company issued the following statement:

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