Union Pacific Rides Tax Rate to Earnings Beat

Union Pacific Corporation (UNP) reported fourth quarter earnings of $1.56 per share on $4.4 billion in revenue, topping Wall Street’s expectations. But a vague 2011 outlook pushed shares lower in early trading. Analysts were expecting a profit of $1.48 per share and slightly lower revenue ($4.35 billion). However, much of the earnings beat can be [...]