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Canadian National offers $30 billion for Kansas City Southern - Vimarsana News

Canadian National offers $30 billion for Kansas City Southern

Canadian National offers $30 billion for Kansas City Southern CNN 1 hr ago By Paul R. La Monica, CNN Business © Whitney Curtis/Bloomberg/Getty Images A Kansas City Southern (KSC) Railway locomotive passes through Knoche Yard in Kansas City, Missouri, U.S., on Tuesday, Jan. 7, 2020. Kansas City Southern is scheduled to release earnings figures on January 17. Photographer: Whitney Curtis/Bloomberg via Getty Images All aboard! There's a bidding war in the railroad industry. Canadian National is offering to buy Kansas City Southern for $33.7 billion, topping a $25 billion bid...

Source: msn.com
Kansas City Southern profit, revenue miss expectations amid 'unique and challenging events' - Vimarsana News

Kansas City Southern profit, revenue miss expectations amid 'unique and challenging events'

Kansas City Southern profit, revenue miss expectations amid 'unique and challenging events' MarketWatch 2 hrs ago MARKET PULSE Shares of Kansas City Southern tacked on 0.1% in premarket trading, after the rail road operator reported a first-quarter profit and revenue miss, with Chief Executive Patrick Ottensmeyer citing "several unique and challenging events," but he said he can "confidently confirm" the full-year outlook. Net income rose to $153.0 million, or $1.68 a share, from $151.7 million, or $1.58 a share, in the year-ago period. Excluding nonrecurring items, such as merger costs ...

Source: msn.com
Kansas City Southern Misses Profit Forecast, Confirms 2021 Guidance - Vimarsana News

Kansas City Southern Misses Profit Forecast, Confirms 2021 Guidance

Kansas City Southern Misses Profit Forecast, Confirms 2021 Guidance COVID-linked shutdowns and February's polar vortex clipped first quarter carload volumes for rail operator Kansas City Southern. Author: Original: Kansas City Southern  ( KSU) - Get Report posted weaker-than-expected first quarter earnings Friday as the polar vortex and coronavirus shutdowns hit cargo volumes, but confirmed its full-year profit guidance as it prepares for its $25 billion takeover by Canadian Pacific  ( Kansas City Southern said profits for the three months ending in March fell 14.3% to $1.68 per share, mis...

Kansas City Southern 2020 Q4 Earnings Results - Vimarsana News

Kansas City Southern 2020 Q4 Earnings Results

Kansas City Southern (NYSE:KSU), founded in 1887, is a transportation company operating both domestically and internationally. Its rail operations connect...

Kansas City Southern Reports Mixed Q4 Earnings - Vimarsana News

Kansas City Southern Reports Mixed Q4 Earnings

Kansas City Southern reported a higher fourth quarter and higher annual net income, but lower revenue for the period.

Source: ttnews.com