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Union Pacific 1Q profit grows 6 percent but volume slows
2015-04-23 15:49:04| Railroads - Topix.net
Union Pacific's first-quarter profit improved 6 percent but fell short of expectations as railroad shipping volume slowed 2 percent on weak coal demand and a labor dispute at West Coast ports. The Omaha, Nebraska, company reported $1.15 billion in net income, or $1.30 per share, in the first three months of the year.
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Union Pacific posts 1Q profit, results miss Wall Street estimates
2015-04-23 14:48:57| Railroads - Topix.net
The results fell short of Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
Tags: results
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Illinois Route 171 Closed at Union Pacific Railroad in Maywood
2015-04-20 22:19:11| Railroads - Topix.net
Illinois Route 171 will be fully closed just south of Lake Street at the Union Pacific Railroad crossing in Maywood beginning April 20 for storm sewer and manhole reconstruction work, according to the Illinois Department of Transportation. Southbound IL 171 traffic will be directed right onto Lake Street, then left on 5th Avenue, then left on Madison Street, and then back to southbound IL 171.
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Nevada County Deputies Identify Teen Killed by Union Pacific Train
2015-04-20 21:19:16| Railroads - Topix.net
Nevada County Deputies have identified the Nevada boy killed by a Union Pacific train early Sunday evening near Farad, California. The accident happened just after 5:15 p.m. near Farad along Interstate 80. Investigators say 13-year-old Anthony William Schafer of Sun Valley tried to cross the train tracks on a bridge when he was struck by the train.
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Stifel Upgrades Union Pacific, Noting Recent Sell-Off Is Overdone
2015-04-11 10:28:18| Railroads - Topix.net
In a report published Thursday, Stifel analyst John Larkin upgraded shares of Union Pacific Corporation to Buy from Hold with an unchanged $120 price target given a more attractive risk-adjusted upside potential in shares for the first time in a while. Larkin continued shares of Union Pacific may have reacted to Kansas City Southern's profit warning in late March that started sell-off for railroad companies.
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