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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
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July 27, 2015
09:31 EDTUNPUnion Pacific downgraded to Market Perform from Outperform at Avondale
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July 24, 2015
07:56 EDTUNPUnion Pacific potential weakness would create opportunity, says RBC Capital
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July 23, 2015
08:10 EDTUNPUnion Pacific says volume outlook remains uncertain in 2015
The company commented, "While the volume outlook remains uncertain, we remain laser focused on operating safely and efficiently no matter what the market environment. We will continue to reduce costs and improve productivity as we further align resources with demand. Longer term, we continue to be optimistic about the strengths of our diverse rail franchise."
08:10 EDTUNPUnion Pacific reports Q2 EPS $1.38, consensus $1.35
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July 22, 2015
15:26 EDTUNPNotable companies reporting before tomorrow's open
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July 15, 2015
08:19 EDTUNPCSX quarter likely to be 'least bad' one in rail space, says Stephens
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July 14, 2015
17:21 EDTUNPRailroad operators advance after CSX reports Q2 results
Shares of railroad operators are advancing after CSX (CSX) reported second quarter earnings per share after the close. WHAT'S NEW: CSX reported Q2 earnings per share of 56c, ahead of analysts' average expectations of 53c. Revenue declined 6% to $3.06B, below analysts' consensus estimates of $3.12B. The company explained that pricing gains were more than offset by the impact of lower fuel recovery, a 1% volume decline and changing business mix. The railroad operator saw a 5% increase in intermodal volumes compared to Q2 of 2014. Looking ahead the company sees 2015 EPS growth in the mid to high single digits. "While we saw challenges in a number of markets, CSX employees delivered an even safer, more reliable and more differentiated service product this quarter," said Michael J. Ward, chairman and CEO. "We expect the momentum in network performance we saw in the second quarter to accelerate, continuing to create value for our customers and shareholders." In a CNBC interview, CSX CFO Fredrik J. Eliasson said he anticipates a decline in crude-by-rail volumes for the remainder of the year. PRICE ACTION: Shares of CSX are up 3.24% in after-hours trading. Railroad operator peers are also advancing, with Norfolk Southern Corporation, Union Pacific Corporation (UNP), and Canadian National Railway Company (CNI) all rising in the after-hours.

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