New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 17, 2014
15:08 EDTUNPUnion Pacific increases frequency of two intermodal services
In support of its customers' growing needs for truck-competitive service between western U.S. markets and Chicago, the country's primary transportation interchange point, Union Pacific recently has increased the frequency of two intermodal services: Portland-Chicago and Northern California-Chicago. Both are part of Union Pacific's top-tier "premium" intermodal service, with four-day delivery in the morning. This service enhancement gives customers access to Union Pacific's extensive rail network, which is made possible in part by the company's significant capital investments, including a record $4.1B in 2014.
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.
June 30, 2015
08:09 EDTUNPRail estimates need to come down further, says Citi
Citi analyst Christian Wetherbee noted that consensus estimates in the rail sector for Q2 EPS have fallen an average of 8% since the firm moved below consensus last month, but believes the numbers have to come down further. Wetherbee cut his Q2 estimates by another 5%, lowered Q3 by 4% and cut his forecast for 2016 EPS by 3% and lowered price targets on stocks in the space by 6% on average. Wetherbee added that he believes Union Pacific (UNP) and Norfolk Southern (NSC) have the highest the pre-announcement risk in the group and lowered his targets on those stocks, as well as for Canadian National (CNI), Canadian Pacific (CP), CSX (CSC) and Kansas City Southern (KSU).

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