Kansas City Southern profit falls
Jan 22 (Reuters) - Railroad company Kansas City Southern reported a lower quarterly profit, hurt by a decline in coal and grain shipments.
The fourth-largest public U.S. railroad operator's net income fell to $92.5 million, or 83 cents per share, in the fourth quarter from $96.0 million, or 87 cents per share, a year earlier.
Excluding debt-retirement and other costs, the company earned 92 cents per share.
Revenue jumped 7 percent to $568.4 million.
- Israel holds off on escalating Gaza barrage; West wants truce |
- Russia warns Ukraine after shell crosses border |
- Three dead, two wounded in Pasadena, California shootings
- As some high-risk assets take a hit, investors fear worse is to come
- Heavy fighting breaks out near Libya's Tripoli airport, seven dead