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$KSU 2Q15 Call – Jeff, CTO: Recent trends in Mexico show improving dwell times and cars on line due to recent hiring efforts. Dwell times in the major terminals in the North Zone and border region have stabilized and we are showing improvement in the south zone as hiring efforts are taking effect. Seen 10% reduction in cars on line since May.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.