The analysts surveyed by FactSet Research expected CSX to report earnings per share of 45 cents. CEO Joe Hinrichs said he was pleased the railroad was able to deliver consistent customer service that helped it attract more business.
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French Finance Minister Bruno Le Maire said on Wednesday that Europe needs to "show its teeth" in defending its industrial and trade interests against China's subsidized production, but said he did not want to start a trade war. Le Maire also told reporters on the sidelines of International Monetary Fund and World Bank spring meetings that Europe needed to make a decisive push to increase growth, in part by giving advantages to its clean energy industries and promoting a European capital markets union.