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Stock impact report

Battle of the rail barons: How a merger is setting the industry on a collision course [Yahoo! Finance Canada]

Union Pacific Corporation (UNP) 
Last union pacific corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: up.com/investors
Or it will drive them straight down. It depends who you ask. Union Pacific Corp., the second-largest railroad operator in the United States, announced in July it wants to buy Norfolk Southern Corp. — the third-largest — in a US$85-billion deal that would create that country's first transcontinental railway, and potentially trigger a wave of rail mergers across North America. The topic has been churning through boardrooms, ballrooms and train yards over the past eight months, as fears of market consolidation and lopsided power dynamics between rail carriers and shippers bubble up. The prospect has also drawn stiff resistance from some of the continent's railway giants, with Keith Creel, CEO of Calgary-based Canadian Pacific Kansas City Ltd., among its most vocal critics. He argues that without major conditions the acquisition would damage competition, cost customers and place unprecedented market power in the hands of a single railway, which would handle some 40 per cent of Am Show less Read more
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