Kansas City Southern Cross-Border Cargo Climbing
Posted on October 19, 2012 at 14:23 PM EDT
Railroad operator Kansas City Southern (KSU) missed analysts' forecasts, in part due to higher taxes in Mexico. But the company reported rising shipping volumes and maintained its outlook for full-year revenue and volume growth in the mid-single digits. Shares were up 3% to 79.43 intraday. "Given a persistently sluggish U.S. economy and the impact of this summer's drought on the nation's grain harvest, KCS' solid third-quarter operating results