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Union Pacific Upgraded by Zacks to "Hold"

2015-09-07 23:28:35| Railroads - Topix.net

According to Zacks, "Union Pacific's second-quarter 2015 earnings per share declined 3% on a year-over-year basis.Revenues decreased 10% year over year to $5.43 billion in the quarter, lagging the Zacks Consensus Estimate of $5.58 billion. Declining coal shipments hurt results yet again.

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No union mines left in Kentucky, where labor wars once raged

2015-09-05 17:54:27| Energy - Topix.net

Kentucky coal miners bled and died to un... . FILE - In this Oct. 15, 2014 photo, coal miners return on a buggy after working a shift underground at the Perkins Branch Coal Mine in Cumberland, Ky.

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Union makes prospective agreements with Patriot bidders

2015-09-04 22:13:33| Energy - Topix.net

The United Mine Workers union says it has reached collective bargaining agreements in principal with the only two bidders for the properties of bankrupt Patriot Coal. UMW President Cecil Roberts says details of the agreements with Blackhawk Mining and an affiliate of the Virginia Conservation Legacy Fund are still being completed.

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Union Pacific's Outperform Rating Reaffirmed at RBC Capital

2015-09-02 19:32:51| Railroads - Topix.net

's stock had its "outperform" rating reiterated by equities researchers at RBC Capital in a note issued to investors on Wednesday, Marketbeat reports. They presently have a $105.00 price objective on the railroad operator's stock, up from their prior price objective of $98.00.

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Republic shares tumble after union blocks contract vote

2015-09-02 19:31:37| Airlines - Topix.net

Shares of regional airline operator Republic Airways tumbled Wednesday after the Teamsters union declined to let pilots vote on the company's latest contract offer, raising the prospect of a bankruptcy filing. Republic Airways Holdings Inc. shares were down 60 cents, or 19.8 percent, to $2.43 in midmorning trading.

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