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Kansas City Southern posts 1st-quarter loss

(The Associated Press circulated the following on April 30, 2009.) KANSAS CITY, Mo. — Railroad operator Kansas City Southern on Thursday posted a loss, driven by $11 million in nonrecurring charges, a 15 percent decline in sales volumes and a decline in fuel surcharge...

S&P affirms Kansas City Southern credit rating

(The Associated Press circulated the following on April 6, 2009.) NEW YORK — Standard & Poor’s on Monday affirmed regional railroad operator Kansas City Southern’s long-term corporate credit rating. S&P said it affirmed its ‘B’...

Barron’s: Kansas City Southern may outperform rival

(Reuters circulated the following on April 5.) NEW YORK — Hedge-fund managers and other investors may be looking for stocks that have gotten ahead of their rivals in the market’s recent 25 percent gain, Barron’s said. Barron’s said that some market...

KCS takes liquidity steps

(The following story by John D. Boyd appeared on The Journal of Commerce website on March 24, 2009.) WASHINGTON, D.C. — Kansas City Southern is issuing more debt for its Mexican operations and may issue stock for its U.S.-based company, to boost liquidity as traffic...

S&P cuts KCS debt rating

(The following story by John D. Boyd appeared on The Journal of Commerce website on March 24, 2009.) WASHINGTON, D.C. — Group cites concern over railroad’s tight liquidity, weakened earnings as traffic drops Standard & Poor’s Ratings Services, a major...