Union Pacific predicts 25% drop in volume because of virus

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Union Pacific predicts 25% drop in volume because of virus

OMAHA, Neb. – Union Pacific’s first-quarter profit improved 6%, but the railroad expects shipping volume to plummet 25% in the second quarter because of the ongoing coronavirus outbreak. The railroad said Thursday it earned $1.47 billion, or $2.15 per …
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Las Vegas Sands Rises 12% Despite Q1 Revenue, EPS Misses

The casino-resort operator is very confident business in its key market will recover quickly and strongly. Eric Volkman. (TMFVolkman). Apr 23, 2020 at 7:28PM. Author Bio. Eric has been writing about stocks and finance since the mid-1990s, when he lived in …
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'Win-win': Publix to donate extra food, milk it buys from struggling farmers

LAKELAND, Fla. – Publix announced this week that it will purchase fresh produce and milk to help farmers who have been hurt by the coronavirus pandemic. The supermarket chain will donate these products to Feeding America member food banks operating …
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CDC issues recommendations for closed South Dakota Smithfield plant following coronavirus outbreak

(CNN) The Centers for Disease Control and Prevention issued more than 100 recommendations to the Smithfield Foods pork-processing plant on Thursday, as the facility works to reopen following a coronavirus outbreak. The facility, located in Sioux Falls, …
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Intel drops on earnings, but two traders still see opportunity

Intel shares moved lower after hours Thursday. The chipmaker fell 5% after the bell even after topping revenue and profit estimates in its recent quarter. The company did not provide full-year guidance, though its second-quarter earnings outlook did come in …
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