July 29, 2016 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, July 28, 2016) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 55 cents per share on the company’s common stock, payable September 30, 2016, to shareholders of record...
July 27, 2016 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 27, 2016) NORFOLK, Va. — Norfolk Southern Corporation today reported financial results for second-quarter 2016. Net income was $405 million, compared with $433 million during the same period of 2015. Diluted earnings per...
July 26, 2016 | CN, Headlines, Quarterly Income
(Source: Reuters, July 25, 2016) TORONTO — Canadian National Railway Co reported slightly lower second quarter earnings on Monday as a decline in shipments cut into revenue, but said it expects volumes to improve in the months ahead. Full story:...
July 26, 2016 | CN, Headlines, Quarterly Income
(Source: CN press release, July 25, 2016) MONTREAL — CN today reported its financial and operating results for the second quarter and six-month period ended June 30, 2016. Second-quarter 2016 financial highlights: • Net income was C$858 million, compared with net...
July 25, 2016 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, July 20, 2016) CALGARY, Alberta — Canadian Pacific Railway Limited today announced second-quarter reported diluted earnings per share (EPS) of $2.15, or $2.05 on an adjusted diluted EPS basis, and an operating ratio of...
July 25, 2016 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, July 21, 2016) OMAHA, Neb. — Union Pacific Corporation today reported 2016 second quarter net income of nearly $1.0 billion, or $1.17 per diluted share compared to about $1.2 billion, or $1.38 per diluted share, in the second...
July 19, 2016 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), July 19, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported second quarter 2016 revenues of $569 million, a decrease of 3% from second quarter 2015. Overall, carload volumes were unchanged compared to second...
July 15, 2016 | CSX, Headlines, Quarterly Income
(Source: Associated Press, July 14, 2016) OMAHA, Neb. — CSX expects profit to decline for remainder of the year as freight volume slows and it plans further cost cuts to offset what the railroad’s chief executive called a “challenging” environment....
July 14, 2016 | CSX, Headlines, Quarterly Income
(Source: CSX press release, July 13, 2016) JACKSONVILLE, Fla. — CSX Corporation today announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of last year. Highlights: • Delivered...
July 14, 2016 | CSX, Headlines, Quarterly Income
(Source: Associated Press, July 13, 2016) OMAHA, Neb. — CSX Corp. reported a nearly 20 percent drop in second-quarter profit as freight volume slowed 9 percent, but the railroad beat expectations by cutting expenses and raising rates where it could. Full story: New...