January 26, 2017 | Headlines, NS, Quarterly Income
(Source: Associated Press, January 25, 2017) OMAHA, Neb. — Norfolk Southern delivered a 15 percent increase in fourth-quarter profit, cutting costs sharply enough to offset a 3 percent decline in volume. Full story: Richmond Times-Dispatch
January 25, 2017 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 24, 2017) NORFOLK, Va. — Norfolk Southern Corporation announced that its Board of Directors today voted to increase the regular quarterly dividend on the company’s common stock by 3 percent, or 2 cents per share, from...
January 25, 2017 | CN, Headlines, Quarterly Income
(Source: Canadian National press release, January 24, 2017) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended Dec. 31, 2016. Fourth-quarter 2016 financial highlights • Net income increased eight per cent to C$1,018...
January 25, 2017 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 25, 2017) NORFOLK, Va. — Norfolk Southern Corporation today reported fourth-quarter and 2016 financial results. Net income for the quarter was $416 million, a 15 percent increase compared with $361 million during the...
January 20, 2017 | Headlines, Quarterly Income, UP
(Source: Omaha World-Herald, January 19, 2017) OMAHA, Neb. — Union Pacific said Thursday fourth-quarter profit rose, even as shipping volumes fell for an eighth-straight quarter after declines in five of the six major cargo categories. Full story: Omaha...
January 20, 2017 | Headlines, KCS, Quarterly Income
(Source: Reuters, January 20, 2017) CHICAGO — Kansas City Southern on Friday reported a lower quarterly net profit that missed Wall Street estimates by a wide margin as a historic drop in the Mexican peso after the election of President-elect Donald Trump affected the...
January 20, 2017 | CSX, Headlines, Quarterly Income
(Source: Reuters, January 19, 2017) JACKSONVILLE, Fla. — Shares of CSX Corp soared 20 percent on Thursday after an activist investor’s plan to shake up the U.S. rail operator fueled speculation that the company was once again a takeover target. Full story: Yahoo...
January 20, 2017 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), January 20, 2017) KANSAS CITY, Mo. — Kansas City, Mo., January 20, 2017. Kansas City Southern (KCS) reported fourth quarter 2016 revenues of $599 million, unchanged from fourth quarter 2015. Overall, carload volumes...
January 19, 2017 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, January 18, 2017) CALGARY, Alberta — Canadian Pacific Railway Limited today announced its lowest-ever fourth-quarter operating ratio (“OR”) of 56.2 percent and a record-low full-year OR of 58.6 percent as...
January 19, 2017 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, January 19, 2017) OMAHA, Neb. — Union Pacific Corporation today reported 2016 fourth quarter net income of $1.1 billion, or $1.39 per diluted share compared to $1.31 per diluted share, in the fourth quarter 2015. Fourth Quarter...
