Union Pacific’s quarterly profit rises 7% By Reuters


© Reuters. FILE PHOTO: A Union Pacific rail car is parked at a Burlington Northern Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017.  REUTERS/Chris Helgren/File Photo

(Reuters) – Union Pacific (NYSE:) reported a 7% rise in second-quarter profit on Thursday, helped by price hikes implemented by the U.S. railroad operator.

The company’s net income rose to $1.67 billion, or $2.74 per share, in the quarter ended June 30, from $1.57 billion, or $2.57 per share, a year earlier.


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