union pacific

Union Pacific (NYSE: UNP) will have a new chief financial officer as of next year. Current CFO Rob Knight announced intentions to retire on December 31, the company said on September 26.  Jennifer Hamann, who serves as senior vice president for finance, will succeed him and lead all aspects of...

Union Pacific (NYSE: UNP) still expects to reach a previously stated goal of an annual operating ratio of below 61 percent for 2019 despite lower rail volumes in the first half of this year. Operating ratio can gauge the financial health of a company, with a lower operating ratio implying more...

Union Pacific (NYSE: UNP) set an all-time record for its operating ratio in the second quarter despite lower freight volumes and a decline in freight revenue. The western U.S. railroad reported an operating ratio of 59.6 percent for the second quarter, compared with 63 percent for the same period...

Union Pacific's (NYSE: UNP) intermodal rail service saw average speeds sink to a two-year low in the second quarter, with shippers and intermodal marketing companies reporting extensive delays in getting their freight from the railroad. The service hit came during an overall lull for West Coast...

Union Pacific (NYSE: UNP) announced this week it would lay off almost 200 employees in eastern Oregon as part of a series of cuts the railroad is making in order to boost profits. The bulk of the layoffs are taking place at a railyard in the city of Hermiston. The yard will close. Additional...

Union Pacific (NYSE: UNP) announced which intermodal terminals it would close around Chicago, Illinois, weeks after hinting on its first quarter earnings call that it planned to consolidate operations there. The railroad said on May 2 that the changes are a result of its efforts to "simplify...

Union Pacific's (NYSE: UNP) first quarter net profit rose nearly 8 percent despite lower revenue. First quarter 2019 net income increased 7.7 percent to $1.4 billion, or $1.93 per diluted share, compared with $1.3 billion, or $1.68 per diluted share in the first quarter of 2018. Meanwhile,...

Union Pacific Corporation (NYSE: UNP) confirmed that it is slowing down its pace of construction at the multi-million dollar Brazos classification yard in Robertson County, Texas. This comes amid UNP's plans to implement precision scheduled railroading (PSR) and modify its operating plan...

The advent of 3D printing is well on its path to disrupt manufacturing as we know it. Everything from shoes to car parts are being manufacturing through 3D printing, or additive manufacturing processes. The railroad industry is jumping on board, after it was announced that Union Pacific Corporation...

Benzinga has featured a look at many investor favorite stocks over the past week. That includes how one fast-food giant is taking on the competition and how traders can play a potential failed merger. The outlooks for rail stocks, a struggling retailer and a cellphone maker left for dead are also...

Although the overall economy is improving, no other sector shows such tremendous growth in demand as the automobiles industry. CNBC's Jim Cramer was recently seen discussing why every stock related to autos is a buy right now. He also talked about the turnaround by Fiat Chrysler Automobiles NV (...

This weekend in Barron's online: part two of the Barron's 2015 roundtable, where to find gains as profits slow down, the Barron's forecasting contest winner, as well as the prospects for Ameriprise Financial, Oracle, Union Pacific, Remy International and more. Cover Story "Getting Down to Business...

The markets are closed on Monday for Martin Luther King Day, but after that the earnings season shifts back into high gear. The consensus forecasts for eBay, McDonald's, Netflix, Starbucks and Verizon call for year-over-year growth in per-share earnings. But analysts are looking for declining...

The earnings crunch is on this week, with first-quarter results due from such iconic blue chips as Coca-Cola, General Electric, Google, Johnson & Johnson, McDonald's and Microsoft. Analysts expect to see year-over-year earnings growth from each of them, but earnings declines from Intel,...

This weekend in Barron's online: a profile of Howard Marks, investors return to online brokers, and the prospects for Bed Bath & Beyond, Live Nation Entertainment and Genworth Financial. Cover Story "Master of Disaster" by Jonathan R. Laing. This week's cover story is a profile of Howard...