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In Depth (Free subscription) | 11/12/2009
Berkshire Hathaway Inc. plans to sell shares of Union Pacific Corp. and Norfolk Southern Corp. before it completes its acquisition of Burlington Northern Santa Fe Corp. railroad.
Daily News Analysis (Free subscription) | 11/03/2009
New York: Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the US economy. The deal, Buffett's biggest-ever acquisition, is priced at a premium of 31.5% over BNSF's closing stock price on Monday and values the railroad at $34 billion. "It's an all-in wager on the economic future...
Rocky Mount Telegram - Business (Free subscription) | 10/24/2009
OMAHA, Neb. — In an Oct. 22 story about Union Pacific Corp.'s third-quarter earnings, The Asso...
Daily Advance - Business (Free subscription) | 10/24/2009
OMAHA, Neb. — In an Oct. 22 story about Union Pacific Corp.'s third-quarter earnings, The Asso...
San Fransisco Chronicle (Free subscription) | 10/23/2009
In an Oct. 22 story about Union Pacific Corp.'s third-quarter earnings, The Associated Press incorrectly quoted Chairman and CEO Jim Young's statement about the outlook for the railroad's shipping volume in 2010. Young's correct quote was: "I think next year... Sponsored Topics: Union Pacific Railroad - Rail transport - Union Pacific - Associated Press - Business
Sify (Free subscription) | 10/23/2009
Union Pacific Corp. said Thursday the economy has stabilized but remains weak, depressing shipping volumes and profit at the nation's largest railroad.
Miami Herald (Free subscription) | 10/23/2009
In an Oct. 22 story about Union Pacific Corp.'s third-quarter earnings, The Associated Press incorrectly quoted Chairman and CEO Jim Young's statement about the outlook for the railroad's shipping volume in 2010.
Seattle Times (Free subscription) | 10/23/2009
In an Oct. 22 story about Union Pacific Corp.'s third-quarter earnings, The Associated Press incorrectly quoted Chairman and CEO Jim Young's statement about the outlook for the railroad's shipping volume in 2010.
Seattle Post-Intelligencer (Free subscription) | 10/23/2009
OMAHA, Neb. -- In an Oct. 22 story about Union Pacific Corp.'s third-quarter earnings, The Associated Press incorrectly quoted Chairman and CEO Jim Young's statement about the outlook for the railroad's shipping volume in 2010.
Mish's Global Economic Trend Analys (Free subscription) | 10/23/2009
MarketWatch is reporting Union Pacific blames rail-traffic slump for 26% profit dip Union Pacific Corp. reported a 26% decline in third-quarter profit Thursday, citing a persistent slump in rail demand, particularly from the auto industry, in the face of the global recession. The Omaha, Neb.-based railroad operator posted earnings of $517 million, or $1.02 a share, down from $703...
Market Watch (Free subscription) | 10/22/2009
NEW YORK (MarketWatch) -- Union Pacific Corp. said Thursday third-quarter net income fell to $517 million, or $1.02 a share, from $703 million, or $1.38 a share in the year-ago period. The company cited lower demand in the face of the recession. The Omaha, Neb. railroad operator said revenue fell 25% to $3.47 billion from $4.63 billion. Analysts expected net income of $1.01 a share on...
Star Tribune (Free subscription) | 10/22/2009
| Union Pacific says 3Q profit fell 26 percent because of weak economy, but demand stabilizingBy JOSH FUNK , Associated Press Last update: October 22, 2009 - 8:33 AMPrint this story Minnesota business by the numbersSee Minnesota's top earning companies, CEOs and non-profits More from OMAHA, Neb. - Union Pacific Corp. says the economy stabilized during the third quarter but shipping...
The Wall Street Journal (Free subscription) | 10/22/2009
Union Pacific's earnings declined 26% as freight volume again declined across all segments.
Market Wire (Free subscription) | 11/27/2009
NEW DELHI, INDIA (MARKET WIRE) The market participants' confidence shaken after the Q3 GDP growth weaker news on Tuesday. U.S. market slipped nominal. As today's market news unfolds Rothman Research begun tracking the following companies Great Basin Gold Ltd. (AMEX: GBG), El Paso Corp. (NYSE: EP), Murphy Oil Corporation (NYSE: MUR), Union Pacific Corp. (NYSE: UNP), United Parcel...
Reuters (Free subscription) | 11/23/2009
HOUSTON (Reuters) - A Union Pacific Corp train derailed Monday, sending 16 carloads of petroleum coke off the tracks and spilling much of the cargo, a UP spokeswoman said.
