Railroad merger buzz: Union Pacific posts $1.8 billion Q2 profit, Norfolk Southern deal talk lifts stocks
Union Pacific reported a robust second-quarter adjusted profit of $1.8 billion, or $3.03 per share, exceeding Wall Street’s expectations amid ongoing merger speculation with rival Norfolk Southern, the smallest of the six major US freight railroads.The Omaha-based rail giant said its operating revenue grew 2% […]
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