Latest Union Pacific Corp News

A woman passes by an advertisement of Samsung Electronics' Galaxy 5G Note10+ smartphone at a subway station in Seoul, South Korea, Thursday, Jan. 30, 2020. Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabilizing computer chip market and increasing 5G smartphone sales. (AP Photo/Ahn Young-joon)

Asian markets tumble as fears over virus outbreak spread

Jan. 29, 2020 11:36 PM EST

Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened. Taiwan's benchmark dived 5.3% as its market reopened after the Lunar New Year. Japan's Nikkei 225 index sank 1.9% to 22,935.20, while Hong Kong's Hang Seng index skidded 1.7% to 26,693.06. In Australia, the...

FILE - In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. Union Pacific Corp. reports financial results Thursday, Jan. 23, 2020. (AP Photo/Nati Harnik, File)

Union Pacific 4Q delivery volume falls, so does its profit

Jan. 23, 2020 12:42 PM EST

OMAHA, Neb. (AP) — Union Pacific's fourth-quarter profit fell 10% as the railroad hauled 11% less freight , but the recent U.S.-China trade deal is helping boost the outlook for the year. The railroad said Thursday that it earned $1.4 billion, or $2.02 per share, in the quarter. That's down from $1.55...