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Union Pacific and Norfolk Southern said on Tuesday that they have agreed to a merger to create a $200 billion rail giant based on their current market capitalizations.
Tuesday, railroad Norfolk Southern announced second quarter earnings and, more importantly, a plan to merge with Union Pacific.
Norfolk Southern reports Q2 2025 earnings with $3.1B revenue, 62.2% operating ratio, and confirms historic $85B merger talks with Union Pacific to create transcontinental railroad.
Wall Street gains as investors eye US trade talks with China, Fed rate decision and earnings reports
Wall Street chugged mostly higher in premarket trading as Chinese and U.S. officials begin a second day of trade talks.
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...
The cash-and-stock deal from Omaha, Neb.-based Union Pacific, values Norfolk at $320 a share, representing a 25% premium to the company's 30-trading-day volume-weighted average price on July 16, the ...
Union Pacific Corp. agreed to acquire Norfolk Southern Corp. in a cash-and-stock transaction valued at $85 billion, forming a transcontinental rail behemoth in what stands to be the industry’s largest ...
Second Quarter 2025 Results Key Financial Results Revenue: US$6.15b (up 2.4% from 2Q ...
A global equities gauge fell on Monday while the euro took a tumble and U.S. Treasuries sold off as investors cautiously greeted a trade agreement between the U.S. and European Union at the start of ...
Union Pacific Corp. could reach an agreement to acquire Norfolk Southern Corp. and create a transcontinental rail behemoth as ...
Big Tech is already hundreds of billions of dollars deep into artificial intelligence. Even amid worries about an AI bubble, it is likely to get deeper this year. But as more big industry names report ...
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