CP Addresses CN s Contention that Voting Trust Proposals Should Be Reviewed Under Same Standards and Processes
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STB has already decided that CP s proposed use of a voting trust is subject to the pre-2001 merger rules, which entails different standards and processes than those governing CN proposal for review under current regulations
CALGARY, AB, April 27, 2021 /PRNewswire/ - Today, Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) filed the following letter with the Surface Transportation Board:
The Honorable Cynthia T. Brown
Chief, Section of Administration, Office of Proceedings
Surface Transportation Board
FIGURE 2 (CNW Group/Canadian Pacific)
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Operator
Greetings, and welcome to the Union Pacific First Quarter 2021 Conference Call. [Operator Instructions] And the slides for today s presentation are available on Union Pacific s website.
It is now my pleasure to introduce your host, Mr. Lance Fritz, Chairman, President and CEO for Union Pacific. Thank you, Mr. Fritz, you may begin.
Lance M. Fritz
Chairman, President and Chief Executive Officer
Thank you, and good morning, everybody, and welcome to Union Pacific s first quarter earnings conference call. With me today in Omaha are Eric Gehringer, Executive Vice President of Operations; Kenny Rocker, Executive Vice President of Marketing and Sales; and Jennifer Hamann, our Chief Financial Officer. Before discussing first quarter results, I want to recognize our employees for their work during the major winter events we experienced in February and early March. Many of the communities we serve faced unprecedented weather conditions that damaged factories and made surface t
Union Pacific net down 9% but sees economy growing in 2021
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JOSH FUNK, AP Business Writer
April 22, 2021
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FILE - In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. Union Pacific’s first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell. The Omaha, Nebraska-based company said Thursday, April 22, 2021, that it earned $1.34 billion, or $2 per share, in the quarter.Nati Harnik/AP
OMAHA, Neb. (AP) Union Pacific s first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell, but it said the economy is steadily improving.
The Omaha, Nebraska, company said Thursday that it earned $1.34 billion, or $2 per share, in the quarter. That s down from $1.47 billion, or $2.15 per share, a year earlier.
Union Pacific 1Q Profit, Revenue Fall morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.