Kansas City Southern (KSU) - NYSE
  • Tue, Jul. 19, 8:19 AM
    • Kansas City Southern (NYSE:KSU) reports operating margin rate rose 680 bps to 38.7% in Q2.
    • Revenue by segment: Chemical & Petroleum: $122.4M (+6%); Industrial & Consumer Products: $136.1M (-6%); Agriculture & Minerals: $115.1M (+10%); Energy: $37.2M (-16%); Intermodal: $91.4M (-7%); Automotive: $44.6M (-19%), Other: $21.7M (-8%).
    • Total carload volume flat Y/Y at 537.3K during the period.
    • Revenue per carload/unit decreased 3% to $1,018.
    • KSU +1.97% premarket.
    | Tue, Jul. 19, 8:19 AM | 2 Comments
  • Tue, Jul. 19, 8:01 AM
    • Kansas City Southern (NYSE:KSU): Q2 EPS of $1.22 beats by $0.18.
    • Revenue of $569M (-2.9% Y/Y) misses by $3.96M.
    • Press Release
    | Tue, Jul. 19, 8:01 AM
  • Mon, Jul. 18, 5:30 PM
    | Mon, Jul. 18, 5:30 PM | 6 Comments
  • Thu, Jul. 14, 2:27 PM
    • The U.S. Department of Transportation proposes new rules for train cars carrying crude oil, including a requirement that carriers report to state officials the routes of trains and how much oil they would carry.
    • Under the proposed new rules, rail carriers would be required to have spill plans for the maximum potential amount of oil spilled, and would have to notify state and tribal governments about the number of cars carrying crude oil that would pass through an area on a weekly basis, the route the trains would travel, and any hazardous cargo the trains would be carrying.
    • Concern over potential oil train derailments has grown as the amount of oil shipped by rail has grown due to increased production in North Dakota and elsewhere; 11 cars from an oil train derailed last month in Oregon.
    • Relevant tickers include CSX, UNP, NSC, KSU.
    | Thu, Jul. 14, 2:27 PM | 15 Comments
  • Thu, Jun. 9, 9:34 AM
    • Total U.S. carload traffic for the first 22 weeks of 2016 is down 8% to 10,923,300 carloads, according to data from the Association of American Railroads. Weak demand for transport of coal and petroleum products continues to be major factor.
    • Intermodal containers and trailers traffic fell 2% to 5,648,851 units.
    • U.S. rail traffic volume decreased 14% to 5,274,449 carloads.
    • Railroad traffic is also lower in Canada (-8%) and Mexico (-0.1%) on a YTD comparison.
    • Railroad stocks: UNP, NSC, CSX, CNI, ARII, GBX, CP, KSU, CNI, WAB, TRN.
    | Thu, Jun. 9, 9:34 AM | 17 Comments
  • Thu, May 12, 7:17 AM
    • Kansas City Southern (NYSE:KSU) prices a $250M offering of senior notes with a 3.125% coupon.
    • The company says it plans to use the funds to repay a floating rate issue and for general corporate purposes.
    | Thu, May 12, 7:17 AM
  • Fri, May 6, 5:19 PM
    • Kansas City Southern (NYSE:KSU) declares $0.33/share quarterly dividend, in line with previous.
    • Forward yield 1.42%
    • Payable July 6; for shareholders of record June 13; ex-div June 9.
    | Fri, May 6, 5:19 PM
  • Tue, Apr. 19, 8:04 AM
    • Kansas City Southern (NYSE:KSU): Q1 EPS of $1.03 beats by $0.06.
    • Revenue of $562.7M (-6.7% Y/Y) misses by $3.52M.
    • Press Release
    | Tue, Apr. 19, 8:04 AM
  • Mon, Apr. 18, 5:30 PM
    | Mon, Apr. 18, 5:30 PM | 3 Comments
  • Mon, Apr. 11, 5:45 PM
    • Canadian Pacific (NYSE:CP) CEO Hunter Harrison says its board will meet next week to consider using the cash once planned to acquire Norfolk Southern (NYSE:NSC) for a possible buyback, dividend or both.
    • The CEO tells Reuters that CP Rail's failed bid for NSC, which he attributed to multiple factors including critical statements by the U.S. Justice Department and the U.S. Army, did not spell the end of mergers in the rail industry.
    • Some analysts have speculated that Kansas City Southern (NYSE:KSU) could be a deal candidate, and the regulatory barriers might be lower than in the CP-NSC scenario, but Harrison says KSU, which he calls expensive, is "not a good fit."
    • In today's trade: CP +3.4%, NSC -2.6%, KSU +0.1%.
    • Now read Is Canadian Pacific smoking that 'Don Quixote'?
    | Mon, Apr. 11, 5:45 PM | 3 Comments
  • Wed, Apr. 6, 12:07 PM
    | Wed, Apr. 6, 12:07 PM
  • Wed, Mar. 30, 1:48 PM
    • Total U.S. carload traffic for the first 12 weeks of 2016 fell 6.2% Y/Y to 5,990,944  carloads, according to data from the Association of American Railroads.
    • Intermodal containers and trailers traffic increased 2.2% to 3,085,831 units.
    • U.S. rail traffic volume fell 13.7% to 2,905,113 carloads.
    • Categories tied to energy markets have been a drag on demand this year.
    • AAR weekly report
    • Railroad stocks: UNP, NSC, CSX, CNI, ARII, GBX, CP, KSU, CNI, WAB, TRN.
    | Wed, Mar. 30, 1:48 PM | 12 Comments
  • Thu, Mar. 3, 12:52 PM
    • Total U.S. carload traffic for January and February fell 13.5% Y/Y to 1,947,084 carloads, according to data from the Association of American Railroads.
    • Intermodal containers and trailers traffic increased 8% to 2,088,747 units. The comparison was impacted by last year's West Coast port dispute.
    • Total U.S. rail traffic volume in the United States was down 3.6% to 4,035,831 carloads and intermodal units.
    • Categories showing strength in February included motor vehicles/parts and waste/nonferrous scrap. As expected, transport demand for coal and petroleum was weak.
    • "After Saudi announcements on energy pricing late last week it is painfully evident that it will take a while for the shakeout in that sector to play itself out, " warns the AAR.
    • Railroad stocks: UNP, NSC, CSX, CNI, ARII, GBX, CP, KSU, CNI, WAB, TRN.
    | Thu, Mar. 3, 12:52 PM | 20 Comments
  • Tue, Feb. 23, 9:09 AM
    • Morgan Stanley downgrades Union Pacific (NYSE:UNP), CSX (NASDAQ:CSX), and Kansas City Southern (NYSE:KSU) to Equal Weight after having all three stocks lined up with Overweight ratings.
    • Concerns on continued weakness with coal and energy transport volume is a major reason for the broad sector swipe, although MS does sees upside for Canadian National (NYSE:CNI) which is raised to Overweight from Equal Weight. Canadian National is a bit more diversified than some its peers.
    • Previously: Genesee & Wyoming on watch after Morgan Stanley downgrades (Feb. 23 2016)
    | Tue, Feb. 23, 9:09 AM | 12 Comments
  • Fri, Jan. 29, 5:47 PM
    • The best-performing U.S. stock over the past 30 years is one that few have heard of: Balchem (NASDAQ:BCPC), a New York-based maker of flavorings, fumigating gases and nutritional additives for animal feed.
    • Since the end of 1985, Balchem has gained an average of 26.2%/year - a total gain of 107,099% - vs.10.3% for the S&P 500.
    • But with flattening profitability and shares at a lavish 27x earnings, Balchem looks expensive for now, WSJ's Jason Zweig writes.
    • Over the past 30 years, 44 U.S. stocks generated cumulative total returns of 10,000% or more; the 10 behind Balchem are HD, AMGN, NKE, UNH, DHR, OTCPK:ATCD, KSU, JKHY, AAPL and MO.
    | Fri, Jan. 29, 5:47 PM | 36 Comments
  • Thu, Jan. 28, 4:59 PM
    • Kansas City Southern (NYSE:KSU) declares $0.33/share quarterly dividend, in line with previous.
    • Forward yield 1.9%
    • Payable April 5; for shareholders of record March 14; ex-div March 10.
    | Thu, Jan. 28, 4:59 PM | 1 Comment
Company Description
Kansas City Southern is a holding company with domestic and international rail operations in North America that are strategically focused on the growing north/south freight corridor connecting key commercial and industrial markets in the central United States with major industrial cities in... More
Sector: Services
Industry: Railroads
Country: United States