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4th Quarter Class 1 Earnings Reports and Dividend Distribution


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#11 CNJRoss

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Posted 11 February 2015 - 06:01 PM

CSX news release:

 

CSX Corporation Declares Quarterly Dividend

 

JACKSONVILLE, Fla. - February 11, 2015 - Earlier today, the board of directors of CSX Corporation (NYSE: CSX) approved a $0.16 per share quarterly dividend on the company's common stock. The dividend is payable on March 13, 2015, to shareholders of record at the close of business on February 27, 2015.



#12 CNJRoss

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Posted 03 March 2015 - 11:43 AM

ProgressiveRailroading.com, 3/3:

 
BNSF drove up revenue, drove down operating ratio in Q4

BNSF Railway Co.'s revenue eclipsed the $6 billion mark in fourth-quarter 2014 primarily because of strong industrial products, agricultural products and coal business, according to a financial performance summary released by the Class I yesterday.

Revenue climbed 7 percent to nearly $6.2 billion in Q4, while operating income increased 5 percent to $2.1 billion, net income grew 2 percent to $1.2 billion and volume rose 2 percent to 2.65 million units compared with fourth-quarter 2013 figures. In addition, the railroad's operating ratio improved 1.3 points to 65.3 even though operating expenses increased 6 percent to about $4.1 billion.

 

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