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Prospect News home > News index > List of issuers C > Headlines for CSX Corp. > News item |
S&P lifts CSX to positive
Standard & Poor's said it affirmed its ratings on CSX Corp., including the BBB corporate credit rating.
At the same time, the agency said it revised the outlook to positive from stable.
"Although volumes have moderated somewhat, we expect CSX's credit metrics to remain satisfactory," said S&P credit analyst Anita Ogbara in a news release.
"Strong operating leverage and ongoing pricing increases should result in stable operating profitability and cash flow."
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