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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
06/24/201608:00:00Services Sector Equities Coverage -- CSX Corp., Union Pacific...
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06/23/201609:00:00Union Pacific Corporation Invites You to Join Its Second Quarter...
06/17/201616:50:23Annual Report of Employee Stock Plans (11-k)
06/17/201616:43:30Annual Report of Employee Stock Plans (11-k)
06/17/201616:37:35Annual Report of Employee Stock Plans (11-k)
06/17/201616:31:05Annual Report of Employee Stock Plans (11-k)
06/13/201611:00:00Union Pacific Ascends Newsweek's 2016 Green Rankings
06/07/201615:51:43Current Report Filing (8-k)
06/07/201613:01:00Union Pacific Corporation CFO Rob Knight to Address 2016 Citi...
06/07/201609:43:00Union Pacific Names Rhonda S. Ferguson Executive Vice President...
06/06/201612:26:24Statement of Changes in Beneficial Ownership (4)
06/03/201622:15:00Train Carrying Oil Derails in Columbia River Gorge -- 2nd Update
06/03/201618:59:00Train Carrying Oil Derails in Columbia River Gorge -- Update
06/03/201618:31:00Train Carrying Oil Derails in Columbia River Gorge
06/01/201612:35:00Safer Operations, Community Impacts and Emissions Reduction Efforts...
05/17/201611:39:41Current Report Filing (8-k)
05/12/201615:24:44Current Report Filing (8-k)

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