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Expenses decreased 11% versus the prior year, driven mainly by a $145MM favorable impact from lower fuel prices. $CSX's ongoing focus on efficiency drove $42MM in productivity gains in 3Q15, while lower volume resulted in over $70MM of cost reduction versus last year. Interest expense was similar to last year and income taxes were $292MM in 3Q15.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.