Tuesday, February 05, 2008

KSU Up Strong

KSU reported a surge in profit: up 40% and beating estimates by ~25%
[Quick note: we used to have them in our portfolio (and I still own them) but we made our money and left.]

The reason I am mentioning them is the fact that they enjoyed growth based on strong pricing of chemicals and petroleum. That suggests continued manufacturing strength in the heartland.

Something to think abot as we ponder exports, recession and other economic trends.

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