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Union Pacific's 2Q profit falls 7 percent as volume declines
2015-07-26 06:41:03| Railroads - Topix.net
In this Friday, June 6, 2014, photo, an employee performs maintenance on the tracks in front of a Union Pacific train in Council Bluffs, Iowa. Union Pacific's second-quarter profit declined 7 percent as the railroad hauled 6 percent less freight overall and coal volumes plummeted 26 percent, the company reported, Thursday, July 23, 2015.
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Video: CEO says Union Pacific has furloughed more than 1,200 workers
2015-07-25 11:58:35| Railroads - Topix.net
NEW YORK - Lance Fritz, chief executive officer of Union Pacific Corp., talks about the recent drop in U.S. coal demand and its impact on the railroad, and Union Pacific's pricing power and ability to control costs. Fritz speaks with Scarlet Fu and Olivia Sterns on Bloomberg Television's "Bloomberg Markets."
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Union Pacific tops 2Q profit forecasts
2015-07-23 15:13:57| Railroads - Topix.net
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.
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What to Expect When Union Pacific (UNP) Reports Earnings Results Tomorrow
2015-07-23 03:40:35| Railroads - Topix.net
For the latest quarter, the company is expected to report earnings of $1.35 per share on revenue of $5.6 billion, according to analysts polled by Thomson Reuters . In the same period the previous year, Union Pacific reported earnings of $1.43 per share on revenue of $6 billion.
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Pilots' union leader at Delta to step down in September
2015-07-23 00:19:49| Airlines - Topix.net
Donatelli's decision comes less than two weeks after members of the Air Line Pilots Association rejected a Delta contract offer that union leaders had narrowly endorsed. "It is time for the pilots of Delta Air Lines to unify," Donatelli said in a letter to the airline's 12,000 pilots.
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