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Mexico Petroleum Is Fuelling Kansas City Southern Profits

Railroad operative Kansas City Southern on Friday reported a greater-than-anticipated quarterly revenue, helped by a rise in refined gasoline shipments to Mexico and ongoing price cuts. Shares of the corporate, which derives one-third of its income from Mexico, jumped 5.2% to $142.41 in early buying and selling. “We have now an optimistic outlook for the remainder of the year,” Chief…