Tuesday, January 25, 2011

"Bumper Profits From America's Biggest Railway"

"Bumper Profits From America's Biggest Railway" by Tony Luckett, © The Motley Fool, 25 January 2011. (News Article)

"... The biggest railway in the United States of America is Union Pacific Corporation. Last week, Union Pacific posted record profits ... In recent years, America's railroads, and their shares, have had a new lease of life as high oil prices have made it much cheaper to move long-distance freight by train than by truck. ... Although Union Pacific was bankrupted in 1870 and 1893, in its current incarnation has managed pay dividends in each of the last 111 years. There aren't many companies that can say that! ... " [More]

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