In the second quarter, the Lazard Global Listed Infrastructure Portfolio outperformed its benchmark, the MSCI World Core ...

On July 30, Union Pacific and Norfolk Southern submitted to the Surface Transportation Board their prefiling notification, ...

Analysts widely expect that BNSF Railway and CSX will seek to merge in the wake of last month’s announcement that rivals ...

Once KCS merger synergies take hold, the firm expects leverage to normalize back down to about 2.5 times. Given both rails' solid records of execution and free cash generation, we are comfortable ...

Union Pacific’s $250 billion merger with Norfolk Southern will likely cause delays, consolidation, and higher costs instead ...

The European Union has suspended its planned countermeasures against the U.S. for six months following the recent U.S.-EU ...

The stock’s slide has some questioning whether the so-called “Buffett premium”—the extra cushion in the stock price that ...

While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.

Shippers across multiple industries are urging federal regulators to block or heavily condition the proposed $250 billion ...

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76-billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer ...

Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its ...