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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:02 EDTKSUKansas City Southern raises common stock dividend to 21.5c per share
Kansas City Southern's board declared a regular dividend of 21.5c per share on the outstanding KCS common stock, which is a 10% increase from the previous quarterly dividend of 19.5c per share. This dividend is payable on April 3, to common stockholders of record at the close of business on March 11.
News For KSU From The Last 14 Days
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March 2, 2015
11:22 EDTKSUKansas City Southern benefiting from expansion of auto plant into Mexico
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11:16 EDTKSUKansas City Southern seeing weakness in utility coal as nat gas prices cheap
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11:13 EDTKSUKansas City Southern says industry started slow in first two months of year
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11:11 EDTKSUKansas City Southern backs FY15 mid-single digit volume growth view
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07:27 EDTKSURaymond James to hold a conference
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February 23, 2015
09:59 EDTKSUOn The Fly: Analyst Initiation Summary
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06:11 EDTKSUKansas City Southern initiated with an Overweight at JPMorgan
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February 22, 2015
13:45 EDTKSUCanada introduces legislation to enhance crude-by-rail safety, accountability
The Honourable Lisa Raitt, Minister of Transport, introduced legislation in the House of Commons that will enhance railway safety and make the rail industry and crude oil shippers more accountable to Canadians. The new Safe and Accountable Rail Act proposes amendments to the Canada Transportation Act and Railway Safety Act. Changes include a new liability and compensation regime for federally regulated railways, including minimum insurance requirements; a compensation fund financed by levies on crude oil shippers; increased information-sharing provisions; and stronger oversight powers for the Minister and Transport Canada inspectors. The new liability and compensation regime will be consistent with those the Government has introduced for other modes of transport, such as marine tankers and oil pipelines. It is based on the “polluter pays” principle and makes railways and shippers responsible for the cost of accidents, protecting taxpayers and communities by ensuring that adequate resources are available for compensation if an accident were to occur. Proposed amendments to the Railway Safety Act will broaden the powers of the Minister and inspectors to order railway companies and others to take specified measures or stop any activity deemed necessary for safe railway operations. The proposed amendments will also create new regulation- making powers requiring railway companies to share information with municipalities. These changes are part of the Government’s commitment to strengthen oversight and increase collaboration between communities and the rail industry, addressing issues raised in the Transportation Safety Board’s final report on the Lac-Mégantic derailment as well as concerns of the Federation of Canadian Municipalities. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Genesee & Wyoming (GWR), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP). Reference Link
February 20, 2015
08:35 EDTKSUKansas City Southern appoints Patrick Ottensmeyer as president effective March 1
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