New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
14:05 EDTUNPUnion Pacific names CEO Koraleski chairman of the board
Union Pacific announced that David Dillon has been elected to the company's board of directors, effective immediately. The board also voted to elect the company's CEO Jack Koraleski, chairman of the board.
News For UNP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 27, 2015
18:06 EDTUNPUnion Pacific plans to invest $72M in Louisiana rail infrastructure
Union Pacific plans to invest $72M in 2015 to improve Louisiana's transportation infrastructure. The company's multi-million dollar private investment will enhance employee, community and customer safety and increase rail operating efficiency. Freight railroads like Union Pacific operate on track built and maintained without taxpayer funds. Union Pacific's private investments sustain jobs and ensure the company meets growing demand for products used in the resurgent American economy. Union Pacific's planned investment covers a range of initiatives: $67M to maintain railroad track, $1M to enhance signal systems and $2M to maintain or replace bridges in the state. Key projects planned this year include: $11M investment in the rail line between Columbia and Pollock to replace 22 miles of rail and repair the surfaces at 21 road crossings. $8M investment in the rail line between Fordoche and Morrow to replace 22 miles of rail and repair the surfaces at 12 road crossings. Union Pacific plans to spend $4.2B across its network this year, following investments totaling more than $31B from 2005-2014. These investments contributed to a 38% decrease in derailments over the last 10 years.
May 20, 2015
11:35 EDTUNPUnion Pacific sees little improvement in coal shipments for remainder of Q2
On May 20, at the Wolfe Research Global Transportation Conference, Robert Knight, Jr., Executive Vice President-Finance and CFO of Union Pacific, stated that, with second quarter 2015 coal volumes down approximately 25% quarter-to-date versus last year, the company at this point does not expect to see much improvement in coal shipments for the remainder of the second quarter of 2015. Key volume drivers for coal continue to be the combination of low natural gas prices and mild weather conditions. Knight further noted that, as discussed on the company’s first quarter earnings release conference call, the company remains focused on re-aligning resources with demand to improve service and reduce costs. While progress is being made, the company expects the second quarter will still reflect the service and cost impacts of operating inefficiencies.
10:39 EDTUNPUnion Pacific facing near-term cost headwinds
Subscribe for More Information
May 19, 2015
07:11 EDTUNPWolfe Research to hold a conference
Subscribe for More Information
May 15, 2015
10:01 EDTUNPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aspen Technology (AZPN) upgraded to Overweight from Sector Weight at Pacific Crest... Canadian National (CNI) upgraded to Outperform from Sector Perform at Scotia Capital... Connecticut Water (CTWS) upgraded to Outperform from Market Perform at Wells Fargo... Hanesbrands (HBI) upgraded to Buy from Neutral at DA Davidson... Impala Platinum (IMPUY) upgraded to Buy from Neutral at Goldman... Inovalon (INOV) upgraded to Buy from Neutral at Goldman... J.C. Penney (JCP) upgraded to Market Perform at BMO Capital... Sovran Self Storage (SSS) upgraded to Buy from Neutral at UBS... Syngenta (SYT) upgraded to Neutral from Underperform at Exane BNP Paribas... UPS (UPS) upgraded to Buy from Neutral at Goldman... Union Pacific (UNP) upgraded to Buy from Hold at TD Securities... Yum! Brands (YUM) upgraded to Overweight from Neutral at JPMorgan.
08:40 EDTUNPUnion Pacific upgraded to Buy from Hold at TD Securities
Subscribe for More Information
06:44 EDTUNPEnvironmentalists file lawsuit over oil train safety rules, NY Times says
Subscribe for More Information
May 14, 2015
09:19 EDTUNPKansas City Southern drops after withdrawing 2015 revenue, volume guidance
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use