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UP, NS to offer fastest service between So. Cal., SE

(Union Pacific and Norfolk Southern issued the following news release on April 30.) OMAHA, Neb. and NORFOLK, Va. — Union Pacific Railroad and Norfolk Southern Railway will significantly improve eastbound domestic transcontinental service from Los Angeles to the...

Ariz. lawmakers want new check on UP use of eminent domain

(The Associated Press circulated the following on April 27.) PHOENIX, Ariz. — Spurred by controversy over Union Pacific’s expansion plans, a bill approved by the Arizona Senate on Thursday would require new state regulatory oversight of use of eminent...

Angry Colo. residents hear UP’s plan

(The following story by Jeffrey Leib appeared on the Denver Post website on April 26.) FORT LUPTON, Colo. — Union Pacific Railroad officials briefed Fort Lupton City Council members Wednesday night about the possible construction of a 640-acre rail complex here. But...

Ariz. lawmakers won’t stop UP plans

(The following story by Howard Fischer appeared on the Arizona Daily Star website on April 25.) PHOENIX — State lawmakers aren’t going to block railroads from condemning private property to build new switching yards or tracks. Without comment, the state Senate on...

Union Pacific VP sells shares

(The Associated Press circulated the following on April 24.) NEW YORK — A vice president of rail and freight company Union Pacific Corp. sold 17,500 shares of common stock, according to a Securities and Exchange Commission filing Monday. In a Form 4 filed with the...

UP “outperform,” target price raised

(The following report appeared at NewRatings.com on April 23.) NEW YORK — Analyst J H Seidl of Credit Suisse maintains his “outperform” rating on Union Pacific Corp. The 12-month target price has been raised from $108 to $133. In a research note published...

UP profits jumped by 24 percent in 1st quarter

(The following story by Joe Ruff appeared on the Omaha World-Herald website on April 19.) OMAHA, Neb. — Union Pacific Corp. today reported a 24 percent jump in net income in its first quarter, driven by improved pricing and increased efficiency. Net income for...

UP employee spurs flag project

(The following story by Obaid Khawaja appeared on the Fort Dodge Messenger website on April 19.) EAGLE GROVE, Iowa — Bruce Ferguson is a man on a mission. For more than five years, the Union Pacific Railroad employee has been raising American flags to symbolize his...

UP posts record first quarter earnings, up 23 percent

(The Union Pacific Corp. issued the following news release on April 19.) Omaha, Neb. — Union Pacific Corporation today reported 2007 first quarter net income of $386 million or $1.41 per diluted share, compared to $311 million, or $1.15 per diluted share in the same...

Earnings preview: Union Pacific

(The Associated Press circulated the following on April 18.) NEW YORK — Union Pacific Corp. reports earnings for the first quarter on Thursday before the markets open. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW:...