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Kansas City Southern Tops on Q1 Earnings

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Kansas City Southern (KSU - Free Report) reported first quarter 2014 adjusted earnings of $1.05 per share, handsomely beating the Zacks Consensus Estimate of 98 cents. Adjusted earnings increased 18% from 89 cents in the year-ago quarter buoyed by higher freight volumes. The positive results pushed the stock higher by 2.3% on Wednesday trade on NYSE.

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