Union Pacific Beats 4Q Estimates; Shares Rise 4.5%
January 22, 2015 at 14:33 PM EST
Investors have wondered if rail lines would profit or suffer from the skid in crude oil prices. On one hand, lower oil prices mean lower fuel costs. But it could also hurt the fastest-growing part of the rail business – the shipping of crude oil. Fortunately, it is not a big business for Union Pacific [...]