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Posts published in “Day: April 18, 2019”

UPDATE 1-Union Pacific quarterly profit beats estimates on price hikes

(Adds details on operating ratio, shares) April 18 (Reuters) - Union Pacific Corp on Thursday reported a better-than-expected quarterly profit, as the U.S. railroad raised prices, helping offset the impact of severe winter weather and record flooding that damaged rails in the Midwest. Shares rose 2.7 percent to $173.80 premarket. Union Pacific's operating ratio, a…