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(Source: Bloomberg News, July 19, 2012)

NEW YORK — Union Pacific Corp., the biggest North American railroad, posted second-quarter profit that topped analysts’ estimates as automotive and chemical shipments increased. Net income advanced 28 percent to $1 billion, or $2.10 a share, from $785 million, or $1.59, a year earlier, the Omaha, Nebraska-based company said today in a statement. The average of 26 estimates compiled by Bloomberg was $1.97.

Full story: Bloomberg