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Stock Market & Financial Investment News

News Breaks
November 21, 2012
11:15 EDTKSUKansas City Southern extends maturities of term loans to May 2018
On November 21, Kansas City Southern , together with its wholly-owned subsidiary, The Kansas City Southern Railway Company, as Borrower, KCSR, entered into a restatement agreement with certain subsidiaries named therein as guarantors, various financial institutions and other parties thereto and The maturity of the existing term loans under KCSR’s prior amended and restated credit agreement was extended to 2018 under the Restated Credit Agreement. The maturity of the commitments under KCSR’s existing revolving credit facility (consisting of a $200M revolving credit facility, including a $25M letter of credit facility and a $15M swing line facility, which, in each case, constitute usage under the revolving credit facility) was extended to 2017 under the Restated Credit Agreement.
News For KSU From The Last 14 Days
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May 18, 2015
10:01 EDTKSUOn The Fly: Analyst Downgrade Summary
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07:56 EDTKSUKansas City Southern downgraded due to lower volumes at BofA/Merrill
As previously reported, BofA/Merrill downgraded Kansas City Southern to Neutral from Buy and lowered its price target to $97 from $116. The firm said Kansas City Southern already pulled guidance and Q2 carloads to date are down 7%, versus its 1% growth forecast and coal carloads are down 44%, below its forecast of down 7%, due to large customer. Luminent, being virtually shut-down due to low natural gas prices.
06:47 EDTKSUKansas City Southern downgraded to Neutral from Buy at BofA/Merrill
May 15, 2015
10:01 EDTKSUOn The Fly: Analyst Downgrade Summary
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07:31 EDTKSUKansas City Southern downgraded at Credit Suisse
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06:09 EDTKSUKansas City Southern downgraded to Neutral from Outperform at Credit Suisse
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