Railroad merger buzz: Union Pacific posts $1.8 billion Q2 profit,...

Dununu.com Dununu

Patrocinado

Railroad merger buzz: Union Pacific posts $1.8 billion Q2 profit, Norfolk Southern deal talk lifts stocks

RSS Feed Business

Postado

39

Union Pacific reported a strong second-quarter adjusted profit of $1.8 billion, exceeding expectations, as merger speculation with Norfolk Southern intensified. The potential tie-up, aiming to create a transcontinental railroad, faces regulatory scrutiny despite investor optimism fueled by Union Pacific's earnings and the prospect of enhanced connectivity. Shares of railroad operators rose amid merger reports.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

'Different PM, different BJP': Congress slams Modi over delay in Operation Sindoor debate; recalls Vajpayee's Kargil review panel

Por 0 1

‘We are ruined’: Ajit Pawar slams Pune IT park infrastructure - Watch

Por 0 1

When Julia declared Ash as 'most beautiful woman’

Aishwarya Rai Bachchan's beauty captivated global audiences, including Hollywood star Julia...

Por 0 8

Viineet Kumar Siingh and wife Ruchira blessed with baby boy

Viineet Kumar Siingh and his wife, Ruchira Singh, joyfully announced the arrival of their baby...

Por 0 8

Sitaula calls for majority-based decision-making system in Constitutional Council

KATHMANDU: Nepali Congress (NC) leader Krishna Prasad Sitaula has stressed the need for a...

Por 0 21