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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
08/21/201515:45:01Statement of Changes in Beneficial Ownership (4)
08/13/201514:00:45Union Pacific to Cut Management Jobs
08/13/201512:57:34Union Pacific to Cut Hundreds of Management Jobs
08/12/201514:00:00Union Pacific Railroad and Subsidiary Union Pacific Distribution...
08/09/201521:30:23Report Says U.S. Railroads to Miss Safety-Equipment Deadline
08/06/201509:40:00Technical Commentary on Railroads Stocks - CSX Corp., Union Pacific...
08/05/201511:00:00Union Pacific Recognized as a Best Employer for Healthy Lifestyles
07/31/201511:15:00Union Pacific Reports Environmental Strategies and Goals in Annual...
07/30/201516:36:38Current Report Filing (8-k)
07/30/201515:39:00UNION PACIFIC ELECTS LANCE FRITZ CHAIRMAN OF THE BOARD, SUCCEEDING...
07/30/201510:16:00Union Pacific Corporation Declares Third Quarter Dividend
07/28/201513:00:00Union Pacific Improves Public Safety Rate
07/27/201512:49:00Union Pacific Employees Set Safety Records
07/24/201517:47:12Statement of Changes in Beneficial Ownership (4)
07/24/201514:29:24Quarterly Report (10-q)
07/23/201509:10:03Union Pacific Revenue, Profit Falls
07/23/201509:01:41Union Pacific Revenue, Profit Falls as Coal Slump Hits
07/23/201508:12:33Current Report Filing (8-k)
07/23/201508:00:00Union Pacific Reports Second Quarter Results
07/16/201509:00:00Union Pacific Corporation Invites You to Join Its Second Quarter...

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