Union Pacific reports 7% higher profits as its CEO makes the case for Norfolk Southern merger

Union Pacific reports 7% higher profits as its CEO makes the case for Norfolk Southern merger

The Omaha, Nebraska-based railroad said it earned $1.79 billion, or $3.01 per share, in the quarter. That’s up from $1.67 billion, or $2.75 per share, a year ago. And without $41 million in merger costs the railroad would have made $3.08 per share but either number would have beat the Wall Street es...

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