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Union Pacific Corporation latest news:
BRIEF-Union Pacific âAnticipates It Will Make Required Deadlines For Installing PTC On Its Network
Union Pacific Corp(UNP): * Union Pacific Corp(UNP) - âANTICIPATES IT WILL MAKE ALL REQUIRED DEADLINES FOR INSTALLING POSITIVE TRAIN CONTROL ON ITS NETWORK â. * Union Pacific Corp (UNP) - PLANS TO SPEND ABOUT $180 MILLION ON POSITIVE TRAIN CONTROL IN 2018 TOWARD CURRENT TOTAL ESTIMATED $2.9 BILLION COSTâ Source text for Eikon: Further company coverage:
U.S. 'intransigence' would hurt NAFTA talks -Union Pacific CEO
Jan 25 (Reuters) - United States officials who are in talks
to revamp the North American Free Trade Agreement (NAFTA) will
not reach the "right spot" during final negotiations without a
collaborative approach, Union Pacific Corp railroad's
top executive told Reuters on Thursday.
Tax cuts boost Union Pacific 4Q as railroad chugs along
Union Pacific Corp's fourth-quarter profit received a $6 billion boost as it accounted for tax cuts, but without that the railroad reported a more modest 5 percent profit growth
Union Pacific's stock drops after earnings miss expectations
Shares of Union Pacific Corp. dropped 4.4% in premarket trade Thursday, after the railroad operator missed fourth-quarter profit expectations. Net income soared to $7.28 billion, or $9.25 a share, from $1.14 billion, or $1.39 a share, in the same period a year ago, boosted by the impact of corporate tax reform. Excluding non-recurring items, adjusted earnings per share came to $1.53, below the FactSet consensus of $1.54. Revenue rose 5% to $5.45 billion from $5.17 billion, just above the FactSet consensus of $5.42 billion. Business volumes increased 1%, as growth in industrial products and chemicals offset declines in agricultural products, automotive and coal. The average diesel fuel price of $2.03 during the fourth quarter was 23% higher than a year ago. The stock, which closed at a record of $141.97 on Monday, has rallied 28.0% over the past three months through Wednesday, while the Dow Jones Transportation Average has climbed 14.2% and the Dow Jones Industrial Average has run up 12.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Union Pacific Says 2017 Results To Include Reduction In Income Tax Expense Of About $5.8 Bln Due To Tax Reform
* UNION PACIFIC - 2017 RESULTS TO INCLUDE NON-CASH REDUCTION
INCOME TAX EXPENSE OF ABOUT $5.8 BILLION DUE TO TAX CUTS AND
Growing length of U.S. freight trains in federal crosshairs after crashes: GAO
SEATTLE (Reuters) - The investigative arm of the U.S. Congress is launching a probe into the safety of increasingly long freight trains being operated by CSX Corp , Union Pacific Corp and other major U.S. railroads to boost profitability, the U.S. Government Accountability Office (GAO) said.
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