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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, [email protected]

Stock News for Union Pacific (UNP)
DateTimeHeadline
03/20/201715:15:00Union Pacific Implores Photographers: Do Not Take Pictures On...
03/17/201709:00:00Union Pacific Announces Annual Payments of Interest on Certain...
03/13/201711:37:21Statement of Changes in Beneficial Ownership (4)
03/08/201711:04:17Current Report Filing (8-k)
03/01/201709:30:00Union Pacific Corporation CFO Rob Knight to Address the Raymond...
02/23/201715:28:00Union Pacific Police Pursues Prestigious CALEA Accreditation
02/16/201712:19:00Union Pacific Tops Fortune's Most Admired in Industry
02/13/201717:31:23Amended Statement of Ownership (sc 13g/a)
02/10/201712:46:52Amended Statement of Ownership (sc 13g/a)
02/08/201715:39:56Statement of Changes in Beneficial Ownership (4)
02/08/201713:22:09Statement of Changes in Beneficial Ownership (4)
02/08/201713:13:19Statement of Changes in Beneficial Ownership (4)
02/08/201711:40:35Statement of Changes in Beneficial Ownership (4)
02/08/201710:34:22Statement of Changes in Beneficial Ownership (4)
02/08/201710:12:35Statement of Changes in Beneficial Ownership (4)
02/07/201708:00:00Union Pacific Corporation CFO Rob Knight to Address the Stifel...
02/03/201716:16:54Annual Report (10-k)
02/03/201714:03:54Statement of Changes in Beneficial Ownership (4)
02/03/201712:32:58Statement of Changes in Beneficial Ownership (4)
02/03/201712:01:58Statement of Changes in Beneficial Ownership (4)

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