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Mexico Railway Operator Ferromex Sees 2010 Sales At $1.17 Billion

MEXICO CITY -(Dow Jones)- Mexican railway concern Ferromex, a unit of mining and railways firm Grupo Mexico (GMEXICO.MX), said it expects to close 2010 with record sales of $1.17 billion, up from with $1.08 billion in 2009. The increase in sales comes on the back of a 20% rise in railway volume from 2009, due in part to the global economic recovery, the company said in a press release. Ferromex operates Mexico's largest railroad with a network of 8,110 kilometers. Grupo Mexico has a 55.5% stake in the company, followed by Union Pacific with a 26% stake and local conglomerate Grupo Carso with a 18.5% share. Ferromex invested $134 million in 2010, the press release said. Grupo Mexico's locally traded B shares were recently up 2.7% at 46.67 pesos ($3.75). -By Paul Kiernan, Dow Jones Newswires; (5255)5980-5178, paul.kiernan@dowjones.com

Stock News for Union Pacific (UNP)
DateTimeHeadline
05/17/201611:39:41Current Report Filing (8-k)
05/12/201615:24:44Current Report Filing (8-k)
05/12/201610:16:00Union Pacific Corporation Declares Second Quarter 2016 Dividend
05/10/201609:07:00Union Pacific Corporation CFO Rob Knight to Address Bank of America...
05/07/201603:04:00Profit at Berkshire's BNSF Drops 25% -- WSJ
05/06/201618:04:00Berkshire Hathaway's BNSF Reports Drop in Quarterly Profit...
04/25/201618:10:00Canadian National Railway Reports Higher Profits
04/22/201614:20:00Norfolk Southern Shares Rise on Surprise Profit Jump
04/22/201614:16:00Norfolk Southern Shares Rise on Surprise Profit Jump
04/21/201617:26:00Industrials Down as Earnings and Economic Data Look Mixed...
04/21/201615:51:04Quarterly Report (10-q)
04/21/201613:29:00Union Pacific Profit Falls on Weak Freight Demand
04/21/201609:20:00Union Pacific Profit Falls on Weak Freight Demand
04/21/201609:09:00Union Pacific Profit Falls on Weak Freight Demand
04/21/201608:09:32Current Report Filing (8-k)
04/21/201608:00:00Union Pacific Reports First Quarter 2016 Results
04/19/201609:20:00Kansas City Southern Profit Rises 6.9%
04/14/201609:00:00Union Pacific Corporation Invites You to Join Its First Quarter...
04/12/201617:40:00CSX Revenue Falls as Coal Hurts
04/12/201607:00:00Gabelli & Company’s 10th Annual Omaha Research Trip

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