Tuesday, May 17, 2011

Deutsche Bank Discusses Impacts Of Mississippi Flood On Railroads (CSX, NSC)

Deutsche Bank is out with a research report on the Mississippi flood and how it's affecting the railroads, such as CSX (NYSE: CSX) and Norfolk Southern (NYSE: NSC).
In a note to investors, Deutsche Bank writes, "We have spoken with our oil analysts, transportation contacts, as well as various grain and dry bulk shippers, and our contacts believe there will be little major impact across our transportation coverage as a result of the recent Mississippi flooding. Continued

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