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$CSX 2Q15 PR: Revenue declined 6% or $180MM to $3,064MM compared to $3,244MM in 2Q14, as pricing gains were more than offset by impact of lower fuel recovery, a 1% volume decline & changing business mix. Net earnings increased 5% or $24MM to $553MM compared to $529MM in 2Q14. Operating income increased $20MM to $1,017MM compared to $997MM in 2Q14.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.