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Report: Investment firm advising Union Pacific on potential merger
Union Pacific is working with Morgan Stanley investment bankers to provide guidance on the potential acquisition of another Class I railroad, the online publication Semafor reported on Wednesday, citing people familiar with the matter.
Union Pacific Eyes $60 Billion Norfolk Southern In Railroad Mega-Merger
Union Pacific currently has a market value of about $140 billion, while Norfolk Southern is valued at around $60 billion. Following news of the negotiations, shares of Norfolk Southern rose by 4% in after-hours trading, while Union Pacific’s stock fell roughly 2% before reversing to a slight gain.
We recently published Jim Cramer Discusses These 10 Stocks & AI-Led Disinflation. Union Pacific Corporation (NYSE:UNP) is one ...
Union Pacific Corporation (NYSE:UNP) will increase its dividend on the 30th of September to $1.38, which is 3.0% higher than ...
Union Pacific Stock (NYSE: UNP) will report its Q3 2023 results on Thursday, October 19. We expect the company’s revenues to come in at $6.0 billion, aligning with the consensus estimate.
Stock futures were flat after the Nasdaq and S&P 500 posted record highs. Investors watched Netflix after it posted ...
Union Pacific stock (NYSE: UNP) is scheduled to report its Q1 2021 results on Thursday, April 22. We expect Union Pacific to likely post revenue and earnings above the street expectations, ...
Union Pacific wasn't on the fast track in the most recent quarter. The railroad reported earnings of $2.57 per share on revenue of $5.96 billion, missing expectations by $0.20 per share and $160 ...
The stock price of Union Pacific (NYSE: UNP) reached its all-time high of around $231 in May this year before a recent sell-off resulted in UNP stock falling to $210 levels currently.
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