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$CSX said intermodal will decline as the company continues to cycle competitive losses in international in 4Q16. Minerals are expected to be down in the qtr. Overall, $CSX expects volume to be down mid single digits. Low crude oil, natural gas, other commodity prices and strength in the US dollar continue to challenge the rail marketplace.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.