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Kansas City Southern (KSU.N)

KSU.N on New York Stock Exchange

103.62USD
12:48pm EDT
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$1.34 (+1.31%)
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$102.28
Open
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$103.64
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$102.95
Volume
35,519
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280,694
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$104.47
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$79.06

Latest Key Developments (Source: Significant Developments)

Kansas City Southern Q1 earnings per share $1.38
Friday, 21 Apr 2017 08:00am EDT 

April 21 (Reuters) - Kansas City Southern ::Kansas City Southern reports record first quarter revenues, carloads, operating income, operating ratio and earnings per share.Q1 earnings per share $1.38.Q1 revenue $610 million versus I/B/E/S view $593.8 million.Q1 earnings per share view $1.15 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share $1.17.Qtrly overall carload volumes were 541 thousand, 6% higher compared to Q1 2016.Kansas City Southern - record Q1 operating ratio of 65.4%, a 1.2 point improvement over Q1 2016.Kansas City Southern - Q1 2017 revenues increased in four commodity groups, led by a 64% increase in energy and a 25% increase in automotive.  Full Article

Kansas City Southern files response on effective competition in the Mexican Railway Freight System
Thursday, 20 Apr 2017 04:52pm EDT 

April 20 (Reuters) - Kansas City Southern -:Kansas City Southern de Mexico files response to the investigating authority of the mexican federal competition commission preliminary report on effective competition in the mexican railway freight system.Kansas City Southern - filed its arguments and evidence with mexican federal competition commission challenging march 15, 2017 preliminary report.  Full Article

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

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BRIEF-Kansas City Southern adds four directors to board

* KCS adds four directors to board; strengthens key areas on board