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Kansas City Southern (KSU.N)

KSU.N on New York Stock Exchange

83.90USD
27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Kansas City Southern Q4 adjusted earnings per share $1.12
Friday, 20 Jan 2017 08:00am EST 

Kansas City Southern : Kansas City Southern reports fourth quarter and full-year 2016 . Q4 earnings per share $1.21 . Q4 revenue $599 million versus I/B/E/S view $603.6 million . Q4 earnings per share view $1.17 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $1.12 . Qtrly carload volumes of 555 thousand, unchanged from prior year . Kansas City Southern says Q4 operating ratio of 64.8%, compared with 63.4% in Q4 2015 . Kansas City Southern says operating expenses in Q4 were $388 million, an increase of 2% from 2015 . Excluding estimated impact of Mexican Peso depreciation, qtrly revenues would have increased by 3% compared to Q4 of 2015 ."looking ahead to 2017, company is aware of both economic and political uncertainty".  Full Article

Kansas City Southern, Watco Companies and WTC Industrial announce joint venture investment
Wednesday, 11 Jan 2017 12:00pm EST 

Kansas City Southern : KCS, Watco, WTC announce Mexico refined energy products terminal to facilitate increased U.S. export of liquid fuels . Project will include construction of unit train liquid fuels terminal located in WTC Industrial Park in San Luis Potosi . Joint venture partners will invest approximately U.S. $45 million in project . Facility will be solely rail served by Kansas City Southern de Mexico (KCSM) .It is projected terminal project will eventually include storage facility that would provide retail fuels for population of Central Mexico.  Full Article

Kansas City Southern says Q2 earnings $1.11/ share
Tuesday, 19 Jul 2016 08:00am EDT 

Kansas City Southern : Kansas City Southern reports second quarter 2016 . Q2 earnings per share $1.11 . Q2 revenue $569 million versus I/B/E/S view $573 million . Q2 adjusted earnings per share $1.22 . Q2 earnings per share view $1.03 -- Thomson Reuters I/B/E/S . Qtrly operating ratio of 61.3 percent, compared with 68.1 percent in Q2 2015. . In Q2 of 2016, company recognized a $34 million Mexican fuel excise tax credit, reflecting a benefit for first half of 2016 .Kansas City Southern says Q2 carload volumes were unchanged compared to Q2 2015.  Full Article

Kansas City Southern prices senior notes
Wednesday, 11 May 2016 06:05pm EDT 

Kansas City Southern : Pricing of $250.0 million in aggregate principal amount of its 3.125% senior notes due 2026 .Kansas city southern announces pricing of senior notes.  Full Article

Kansas City Southern names Patrick Ottensmeyer as CEO
Tuesday, 10 May 2016 04:23pm EDT 

Kansas City Southern : KCS names Patrick J. Ottensmeyer as president and chief executive officer . Ottensmeyer will succeed David L. Starling as company's chief executive officer . Ottensmeyer will join company's board of directors upon becoming chief executive officer .Starling will also remain a member of KCS board of directors until May 2017.  Full Article

Kansas City Southern declares dividends on 4% non-cumulative preferred stock and common stock
Thursday, 12 Nov 2015 04:35pm EST 

Kansas City Southern:Board of Directors on November 11, 2015 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock.Payable on January 19, 2016 to preferred stockholders of record at the close of business on December 31, 2015.Declared a regular dividend of $0.33 per share on the outstanding KCS common stock.Payable on January 20, 2016, to common stockholders of record at the close of business on December 31, 2015.  Full Article

Kansas City Southern declares regular dividend
Tuesday, 4 Aug 2015 05:27pm EDT 

Kansas City Southern:On Aug. 3 declared regular dividend of $0.25 per share on outstanding KCS 4% non-cumulative preferred stock.Dividend is payable on Oct. 6 to preferred stockholders of record at the close of business on Sept. 14.  Full Article

Kansas City Southern and Sasol sign long-term agreement
Monday, 8 Jun 2015 08:30am EDT 

Kansas City Southern:Kcs and Sasol sign long-term agreement to grow petrochemical business in gulf region.Says unit Kansas City Southern railway co will replace and expand its existing rail car classification yard in mossville, la.Says an additional $800 million will be invested in infrastructure and utility improvements.Says agreement with Sasol Chemicals USA for construction & long-term lease of a storage-in-transit rail yard in lake charles, la.Says construction is underway & company expects that the facility will achieve beneficial operation in 2018.  Full Article

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