October 14, 2016 | CSX, Headlines, Quarterly Income
(Source: Florida Times-Union, October 14, 2016) JACKSONVILLE, Fla. — CSX had earnings worth $455 million or 48 cents per share. That’s down from the same period of trading in 2015 that saw $507 million in earnings or 52 cents per share. Despite the drop in earnings,...
October 13, 2016 | CSX, Headlines, Quarterly Income
(Source: Associated Press, October 12, 2016) JACKSONVILLE, Fla. — CSX earned $455 million, or 48 cents per share, for the three months ended Sept. 23, down 10 percent from $507 million, or 52 cents per share, a year ago. The Jacksonville, Florida-based freight...
October 13, 2016 | CSX, Headlines, Quarterly Income
(Source: CSX press release, October 12, 2016) JACKSONVILLE, Fla. — CSX Corporation today announced third quarter 2016 net earnings of $455 million, or $0.48 per share, down from $507 million, or $0.52 per share, in the same period of last year. Quarterly highlights: •...
October 12, 2016 | Headlines, Quarterly Income
(Source: Bloomberg, October 12, 2016) NEW YORK — Railroads lost cargo to trucks in the third quarter, adding to a yearlong slide in profits as demand tumbled for coal, oil and metals. Full story: Bloomberg
October 6, 2016 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, October 5, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its financial results for third quarter 2016 on Tuesday, October 18, 2016, before the opening of trading on the New York Stock Exchange. KCS will...
October 5, 2016 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 5, 2016) NORFOLK, Va. — Norfolk Southern Corporation will announce its third-quarter financial results during a conference call and live Internet webcast at 8:45 a.m. EDT on Wednesday, Oct. 26, 2016. Quarterly earnings...
September 23, 2016 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, September 22, 2016) OMAHA, Neb. — You are invited to listen to Union Pacific Corporation’s third quarter 2016 earnings release presentation that will be broadcast live over the Internet and via teleconference on Thursday,...
August 11, 2016 | BNSF, Headlines, Quarterly Income
(Source: Bloomberg, August 11, 2016) NEW YORK — BNSF is hauling less cash to Omaha these days. The railroad, owned by Warren Buffett’s Berkshire Hathaway Inc., made a $500 million distribution to its parent in the three months ended June 30, according to regulatory...
August 8, 2016 | BNSF, Headlines, Quarterly Income
(Source: Omaha World-Herald, August 6, 2016) OMAHA, Neb. — Berkshire Hathaway Inc. said Friday second-quarter operating profit rose 18 percent, despite a big falloff at top subsidiary BNSF Railway. The Omaha-based conglomerate led by Chairman and Chief Executive...
August 2, 2016 | Headlines, Quarterly Income, Short Line
(Source: Genesee & Wyoming press release, August 1, 2016) DARIEN, Conn. — Genesee & Wyoming Inc. (G&W) reported second quarter 2016 financial results on August 1, 2016. Second Quarter Consolidated Highlights • Operating revenues decreased 7.5% to $501.4...
