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CSX Shares Rise After Posting Better-Than Expected 4Q Results

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  • Description

    FBN’s Adam Shapiro breaks down CSX’s fourth-quarter earnings results.

  • Duration 0:48
  • Date

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Schapiro here Fox Business degree for wind earning season in full swing many companies reporting after the closing bell CSX higher in after hours trading following its fourth quarter results.

Earnings per share for the railroad company beat estimates by four cents coming at 43 cents a share revenue.

Came in slightly above forecast at two point nine billion dollars Norfolk Southern.

Also out -- its fourth quarter figures for their earnings topping expectations.

By eleven cents at one dollar thirty cents a share revenue also topped estimates at two point seven billion dollars.

Lowe's is boosting its workforce ahead of the spring season the busiest time of the year for -- improvement industry.

The retailer plans to hire roughly 45000 seasonal employees and -- 9000 permanent part time jobs.

That's the latest from the Fox Business Network giving you.

The power to prosper.

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