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Western Railroad Discussion > BNSF Q1 2016 revenues and earnings decline

Date: 05/02/16 02:37
BNSF Q1 2016 revenues and earnings decline
Author: JPB

Just like every other class 1 RR in North America. Interestingly, the CBS news bite ahead of "60 Minutes" last night said Warren Buffet's RR experienced "losses" in Q1. To me, "losses" are different from decline in profits. Where's Walter Cronkite when we need him? ;-)

http://www.omaha.com/money/berkshire-hathaway-first-quarter-profit-falls-percent/article_11d0a012-0ee3-11e6-8c09-131b2ec817b0.html

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Date: 05/02/16 13:32
Re: BNSF Q1 2016 revenues and earnings decline
Author: junctiontower

You have to keep in mind that these are the same people that think that any budget that goes up by less than the requested amount is a cut.  There were some people here that acted like Norfolk Southern was ready to go the way of the Rock Island because they made ONLY 1.6 billion dollars last year. 



Edited 1 time(s). Last edit at 05/02/16 13:34 by junctiontower.

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