Union Pacific posts bigger profit on more autos, chemicals
Oct 17 (Reuters) - Union Pacific Corp posted a bigger quarterly profit as higher automotive, chemical and other industrial shipments offset lower coal and agricultural volumes.
Union Pacific, which links 23 states in the West and Midwest, earned $1.15 billion, or $2.48 a share, for the third quarter, compared with $1 billion, or $2.19 a share, a year before.
Revenue for the Omaha, Nebraska-based company rose 4 percent to $5.6 billion.
- North Korea says Kim's powerful uncle dismissed for 'criminal acts'
- Thai PM calls snap election, protesters press on |
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Singapore hit by rare outbreak of rioting, 27 arrested |
- Venezuela's Maduro to raise pressure on business after local vote