Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Vena"


25 mentions found


(AP) — Union Pacific's fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles. The Omaha, Nebraska-based railroad said it earned $1.65 billion, or $2.71 per share, in the quarter. The results topped the estimates of the analysts surveyed by FactSet Research that called for earnings of $2.60 per share as Union Pacific hauled 3% more shipments. But Union Pacific's topped Wall Street's predictions for $6.05 billion. Union Pacific is one of the nation’s largest railroads and operates more than 30,000 miles of track in 23 western states.
Persons: Jim Vena, ” Vena Organizations: — Union Pacific's, FactSet Research, Union Pacific, Union, . Union Pacific, Railroad Locations: OMAHA, Neb, Omaha , Nebraska, Norfolk Southern, Ohio
As the Nebraska explosion made clear, there can be problems that are hard to spot before potentially disastrous accidents occur. Some details about the explosion might never be known because the shipping container carrying the acid was destroyed. Union Pacific CEO Jim Vena said he understands and welcomes the agency's scrutiny. Vena said Union Pacific and other major railroads have become safer over time. “And that’s what I’m challenging the team with here at Union Pacific is we have to get better ... We’ll invest in it.
Persons: haven’t, , Andy Foust, Warren Flatau, Pete Buttigieg, , Foust, , hasn’t, Dennis Thompson, Thompson, Jim Vena, Vena, We’ll, Charlie King Organizations: , Union Pacific, Federal Railroad Administration, . Transportation, Rail, Transportation Workers, Transportation Division, . Railroad, Materials Safety Administration, Norfolk Southern, Platte Fire, Pacific, of Railroad Infrastructure Locations: OMAHA, Neb, Nebraska, North Platte , Nebraska, Omaha, Norfolk, Ohio, railyard, Palestine
The top 10 things to watch in the stock market Friday
  + stars: | 2023-10-20 | by ( Jeff Marks | ) www.cnbc.com   time to read: +3 min
The company has reported nine-consecutive quarters of double-digit, year-over-year growth in its international business, and expects sequential revenue growth in the fourth quarter. Deutsche Bank upgrades Union Pacific (UNP) to a buy rating, while slightly raising its price target to $258 a share, up from $257. Wolfe Research upgrades Club holding Morgan Stanley (MS) to a neutral-equivalent rating from underperform, without a price target. Goldman Sachs lowers its price target on Club name Walt Disney (DIS) to $125 a share, down from $128, while maintaining a buy rating on the stock. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Eli Lilly, Jim Vena, Morgan Stanley, Wednesday's, Goldman Sachs, Walt Disney, Jim Cramer's, Jim Cramer, Jim Organizations: American Express, Revenue, Schlumberger, UBS, General Motors, United Auto Workers, Ford, Stellantis, Bloomberg, Deutsche Bank, Union Pacific, Wolfe Research, JPMorgan, Club, North, Walt, Jim Cramer's Charitable, CNBC Locations: GLP, North American
Union Pacific's quarterly profit drops 19% on lower volumes
  + stars: | 2023-10-19 | by ( ) www.reuters.com   time to read: +1 min
Union Pacific livery on the side of a cargo locomotive is pictured ahead of a possible strike if there is no deal with the rail worker unions, at Union Station in Los Angeles, California, U.S., September 15, 2022. REUTERS/Bing Guan/File Photo Acquire Licensing RightsOct 19 (Reuters) - Union Pacific (UNP.N) reported a 19% fall in quarterly profit on Thursday, as higher labor costs and lower volumes outweighed the benefits from price hikes implemented by the railroad operator. The company's operating ratio, a key metric that indicates operating expenses as a percentage of revenue, rose to 63.4% in the third quarter from 59.9% reported a year ago. Union Pacific, which connects 23 states in the western two-thirds of the country by rail, also posted a 10% decline in quarterly operating revenue to $5.94 billion. Reporting by Ananta Agarwal and Amna Karimi in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
Persons: Bing Guan, Jim Vena, Ananta Agarwal, Amna, Shilpi Majumdar Organizations: Union Station, REUTERS, Union Pacific, Thomson Locations: Los Angeles , California, U.S, Bengaluru
The Omaha, Nebraska, railroad earned $1.53 billion, or $2.51 per share, during the quarter, That's down from $1.9 billion, or $3.05 per share. The number of shipments Union Pacific delivered slipped 3% in the quarter, and while costs improved about 4% they remained elevated at $3.76 billion. But the average speed of the railroad's trains increased to 200 daily miles per car. Shares of Union Pacific gained more than 3% Thursday to trade for $213.16 around midday. Union Pacific is one of the nation's largest railroads and operates more than 30,000 miles of track in 23 western states.
Persons: Jim Vena, , , Vena, Edward Jones, Jeff Windau, he'll Organizations: — Union Pacific's, FactSet Research, Union Pacific, Union, Union Pacific's, of Union Pacific Locations: OMAHA, Neb, The Omaha , Nebraska, Norfolk Southern, Ohio
While he's willing to invest in that, mostly he wants to make sure Union Pacific's day-to-day operations are steadily improving. He's also working to speed up decision making at the railroad to help make Union Pacific more responsive to customers. We’re going to have the best service, and we’re going to have the best safety record. That will put pressure on Union Pacific’s profits. Railroad safety has been in the spotlight this year ever since a Norfolk Southern train derailed and caught fire in eastern Ohio back in February.
Persons: Jim Vena, he's, ” Vena, Vena, He's, Lance Fritz, “ We’re, Amit Bose Organizations: , Pacific's, Union, Canadian National, Union Pacific, Federal Railroad Administration Locations: OMAHA, Neb, Union Pacific, West, Norfolk Southern, Ohio, East Palestine
(AP) — Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at the world's largest railyard in western Nebraska this summer, and the railroad was reluctant to fix the problems. Federal Railroad Administrator Amit Bose wrote a letter to UP's top three executives Friday expressing his concern that the defects represent a “significant risk to rail safety " on the Union Pacific railroad. But the letter didn't detail what kind of defects inspectors found in the Bailey Yard in North Platte, and there are a myriad of federal rules. “Union Pacific will never compromise on the safety of our employees. Union Pacific has a network of 32,400 miles (52,000 kilometers) of track in 23 Western states.
Persons: Amit Bose, Bose, ” Bose, carmen, Kristen, South, Jim Vena Organizations: , Union Pacific, Federal, , Pacific, FRA, Union Pacific's Locations: OMAHA, Neb, Nebraska, North Platte, Omaha , Nebraska,
[1/2] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 24, 2023. The Fed lifted its benchmark overnight interest rate by a widely expected 25 basis points, marking the 11th hike in the U.S. central bank's past 12 policy meetings. As of Wednesday, 77.6% of the 152 companies listed on the S&P 500 (.SPX) that have reported earnings have beaten analysts' expectations as compiled by Refinitiv. Advancing issues outnumbered decliners on the NYSE by a 1.75-to-1 ratio; on Nasdaq, a 1.64-to-1 ratio favored advancers. The S&P 500 posted 29 new 52-week highs and no new lows; the Nasdaq Composite recorded 72 new highs and 92 new lows.
Persons: Brendan McDermid, Dow, Jerome Powell, Goldman Sachs, Angelo Kourfafas, Edward Jones, Brent Schutte, David Bahnsen, Jim Vena, Lance Fritz, Wells Fargo, decliners, Bansari Mayur Kamdar, Johann M, Savio D'Souza, Anil D'Silva, Maju Samuel, Richard Chang Organizations: New York Stock Exchange, REUTERS, Microsoft, Boeing, Dow, Nasdaq, Federal, Fed, Northwestern Mutual Wealth Management, Google, NYSE, Bahnsen, Meta, Facebook, Refinitiv, Reuters Graphics Reuters, Dow Jones, Union Pacific, Thomson Locations: New York City, U.S, Bengaluru
Union Pacific Names Veteran Rail Executive Jim Vena as CEO
  + stars: | 2023-07-26 | by ( Ben Glickman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/union-pacific-names-veteran-rail-executive-jim-vena-as-ceo-86b3d5cc
Persons: Dow Jones, 86b3d5cc
Union Pacific appoints former executive Jim Vena as CEO
  + stars: | 2023-07-26 | by ( ) www.reuters.com   time to read: 1 min
July 26 - Union Pacific Corp (UNP.N) on Wednesday named former chief operating officer Jim Vena as its top boss, months after CEO Lance Fritz said he was stepping down, sending the U.S. railroad operator's shares up 6.7% in premarket trading. Vena, who will take the top job on Aug. 14, started his career in 1976 and was in the reckoning to lead Canadian National Railway Co (CNR.TO) after investors backed him for the role. He has worked under the late Hunter Harrison at Canadian National, who pioneered Precision Scheduled Railroading (PSR), which is commonly used across the industry today. Union Pacific, which connects 23 states in the western part of the country by rail, also elected Mike McCarthy as its board chairman. Reporting by Nathan Gomes and Amna Karimi in Bengaluru; Editing by Anil D'Silva and Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.
Persons: Jim Vena, Lance Fritz, Vena, Hunter Harrison, Mike McCarthy, Nathan Gomes, Amna, Anil D'Silva, Vinay Dwivedi Organizations: Union Pacific Corp, Wednesday, U.S ., Canadian National Railway Co, Canadian National, Union Pacific, Thomson Locations: Bengaluru
[1/2] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 24, 2023. Microsoft (MSFT.O) eased 4.0% after laying out an aggressive spending plan to meet demand for its new artificial intelligence (AI)-powered services. "This is indicative of the selectivity we are seeing in big tech after such a stock price surge so far this year." Advancing issues outnumbered decliners by a 1.50-to-1 ratio on the NYSE and by a 1.32-to-1 ratio on the Nasdaq. The S&P index recorded 24 new 52-week highs and no new lows, while the Nasdaq recorded 58 new highs and 64 new lows.
Persons: Brendan McDermid, David Bahnsen, Melissa Brown, we're, Dow, Jim Vena, Lance Fritz, Wells Fargo, Bansari Mayur Kamdar, Johann M, Savio D'Souza, Anil D'Silva, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Microsoft, Boeing, Dow, Nasdaq, Federal, Google, NYSE, Bahnsen, Facebook, Applied Research, Reuters Graphics Reuters, Dow Jones, Union Pacific, Thomson Locations: New York City, U.S, Qontigo, Bengaluru
Union Pacific shares spike following CEO succession announcement
  + stars: | 2023-07-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnion Pacific shares spike following CEO succession announcementLance Fritz, outgoing CEO at Union Pacific, joins 'Squawk on the Street' to discuss Union Pacific's Q2 revenue miss, Jim Vena taking over as Union Pacific CEO, and plans for the CEO transition.
Persons: Lance Fritz, Jim Vena Organizations: Email Union Pacific, Union Pacific, Union, Union Pacific CEO
Vena, who will take the top job on Aug. 14, started his career in 1976 and was in the reckoning to lead Canadian National Railway Co (CNR.TO) after investors backed him for the role. He has worked under the late Hunter Harrison at Canadian National, who pioneered Precision Scheduled Railroading (PSR), which is commonly used across the industry today. Union Pacific, which connects 23 states in the western part of the country by rail, also elected Mike McCarthy as its board chairman. The company reported second-quarter profit of $2.54 per share, missing analysts' average estimate of $2.75 per share, according to Refinitiv IBES data, as its shipments fell. The railroad industry has been struggling with railcar shortages resulting in shipment delays and supply-chain disruptions.
Persons: Jim Vena, Lance Fritz, Vena, Hunter Harrison, Fritz, Mike McCarthy, Nathan Gomes, Amna, Anil D'Silva, Vinay Dwivedi Organizations: Union Pacific Corp, Wednesday, U.S ., Canadian National Railway Co, Canadian National, Soroban Capital Partners, Union Pacific, Thomson Locations: Bengaluru
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Union Pacific's outgoing CEO Lance FritzLance Fritz, outgoing CEO at Union Pacific, joins 'Squawk on the Street' to discuss Union Pacific's Q2 revenue miss, Jim Vena taking over as Union Pacific CEO, and plans for the CEO transition.
Persons: Lance Fritz Lance Fritz, Jim Vena Organizations: Union, Union Pacific, Union Pacific CEO
Bloomberg | Bloomberg | Getty ImagesSingapore, a tiny city-state with an import-dependent economy, is especially vulnerable to rising sea levels, heat waves and other adverse effects of climate change. Around the globe, financing for climate adaptation has traditionally lagged behind mitigation investments that are focused on slowing or stopping the rise in fossil fuel emissions. Singapore's climate challengesIn 2019, Singapore prime minister Lee Hsien Loong said climate change was a matter of "life and death" for the city-state. An initiative of London's Imperial College and Singapore Management University, SGFC was launched in 2020 to advance climate financing solutions. In 2020, Vena Energy became the first Singapore-based company to issue green bonds in U.S. dollars with a $325 million five-year green bond aimed at refinancing existing corporate loans for green projects.
Persons: Xinying Tok, Lee Hsien Loong, Grace Fu, Emirhan Ilhan, SGFC, issuances, Vena Organizations: Bloomberg, Getty Images, Singapore, Carbon Trust, National University of Singapore Business School, Green Finance Institute, City State, Singapore Green Finance, London's Imperial College, Singapore Management University, Monetary Authority of, Insurance, Vena Energy, Resources Locations: Getty Images Singapore, Singapore, Southeast Asia, City, Monetary Authority of Singapore
Another cultish cost-saving formula gets off-track
  + stars: | 2023-03-29 | by ( Jeffrey Goldfarb | ) www.reuters.com   time to read: +9 min
Despite its multiple interpretations and approaches, success is widely gauged by a railway’s operating ratio, a simple measure of how much it spends to make a buck. Union Pacific’s peers improved similarly, indicative of the antiquated ways the industry had been deploying resources. Union Pacific also found itself unable to bring back enough furloughed workers in areas where they were most needed. “In a significant departure from the railroad industry's recent past, we deliberately moved away from a singular focus on operating ratio,” he told lawmakers. “If we wanted to drive [operating ratio] lower over time, we could,” the board wrote in a letter to shareholders in late 2021.
Feb 27 (Reuters) - Shares of Union Pacific Corp (UNP.N) surged nearly 10% before the bell on Monday, a day after the U.S. railroad operator announced that its Chief Executive Lance Fritz would step down this year amid pressure from investor Soroban Capital Partners. The gains came after some Wall Street analysts backed the leadership change at the company, which has struggled with labor shortages and service issues. Union Pacific's shares have dropped more than 25% over the past 10 months. Other analysts said a new leadership has the potential to improve the company's operating ratio — a key profitability metric. In its most-recent quarter, the company flagged higher operating expenses caused by operational inefficiencies and the current economic environment hitting its revenue growth.
Union Pacific Shares Jump on Hopes for New CEO
  + stars: | 2023-02-27 | by ( Esther Fung | Dean Seal | ) www.wsj.com   time to read: 1 min
Union Pacific’s total shareholder return, which includes dividends, has lagged behind its publicly traded rivals. Union Pacific Corp. shares surged after the railroad said it would replace its chief executive and investors cheered the possibility that a disciple of the late Hunter Harrison could take over the company. Jim Vena , who worked with Mr. Harrison for years, is a proponent of precision scheduling railroading. The strategy, which Mr. Harrison deployed in Canada and at CSX Corp., reduces costs by operating fewer, longer trains and running them on tighter schedules. It has also sparked criticism from unions about job losses and shippers about service disruptions.
Bank of America says it's time to buy Union Pacific after the company announced its current CEO, Lance Fritz, would be stepping down this year. Analyst Ken Hoexter upgraded the railroad operator's shares to buy from neutral. Hoexter said the leadership change shows the company is prioritizing an operational fix after it was flagged for poor service by the Surface Transportation Board last year. The firm expressed optimism for the frontrunner for Fritz's replacement — former Union Pacific COO Jim Vena — citing his strong track record at the company. Hoexter raised his price target to $241 from $218, implying a 25% upside from Friday's closing price.
Madrid exhibition shines a light on the scars of breast cancer
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
MADRID, Oct 19 (Reuters) - An art exhibition in Madrid seeks to shine a spotlight on breast cancer and the physical and psychological scars left by mastectomies. 1/5 A woman stands in front of a replica of Peter Paul Rubens' "Venus and Cupid" showing a mastectomized breast, as part of a project between the Cultura en Vena Foundation and Thyssen-Bornemisza Museum on International Breast Cancer Awareness Day in Madrid, Spain, October 19, 2022. REUTERS/Susana Vera Read More"With this intervention we're calling attention to the process of the illness," said Juan Alberto Garcia de Cubas, president of the Fundacion Cultura en Vena (Culture in Your Veins Foundation), which organised the exhibition. Gema Salas, a 44-year-old architect who underwent a mastectomy to treat breast cancer, said the exhibition had a profound effect on her. Register now for FREE unlimited access to Reuters.com RegisterReporting by Charlie Devereux Editing by Peter GraffOur Standards: The Thomson Reuters Trust Principles.
Astăzi înregistrăm un an de la primul caz de COVID-19 înregistrat în Moldova, care a fost depistat pe 7 martie 2020. Acesta a menționat că mama sa nu a părăsit spitalul, dar medicii italieni au eliberat-o din motiv că a fost testată negativ la coronavirus. Deputatul a scris că Dodon a comis cel puțin 58 de încălcări a regimului epidemiologic. Prima persoană care a fost vaccinată a fost o asistentă medicală din București. Reducerea cererii externe din partea principalilor parteneri ai Republicii Moldova a rezultat în scăderea exporturilor, iar diminuarea consumului a dus la scăderea importurilor.
Persons: Chicu, Ion Chicu, Igor Dodon, Nicoleta Hriplivîi, Dodon, Viorica Dumbrăveanu, Ala, Sandu, Ștefan Vodă, Nicolae Furtună, . Deputatul, Igor Dodon . Dumbrăveanu, . Ea, Ion, Igor Șarov, Pavel Filip, Leonid Bujor, Putin, OMS, Maia Sandu, Janssen, Aureliu Ciocoi, Sergiu Sergiu, Sergiu, Sergiu . Tânărul Organizations: Naționale, Psihiatrie, Organizației Mondiale a Sănătății ( OMS, Ministerul Sănătății, Muncii, Protecției Sociale, Organizația Mondială a Sănătății, Agenția Medicamentului, Sk Bio, Center, Sputnik, Comitetului, Economiei Locations: Moldova, Italia, România, Republica Moldova, Chișinăului, Soroca, Drochia, Republicii Moldova, Rusia, China, Britanie, București, Ungaria, Germania, Slovacia, România Republicii Moldova, UE, India, României, UK, Sinopharm, Sinovac, Moderna, Chișinău
Îmi fac griji pentru siguranța mea și a familiei mele. Am decis să transmit scrisori prietenilor mei și toate dovezile acumulate de-a lungul timpului în privința acestor inidivizi și ulterior vor fi făcute publice”, menționează Nicolai Ceaus în filmulețul video. Alături de imaginile video în care apare Ceaus, a fost postat și un mesaj în care fostul judecător ucrainean îi sugerează soției sale „să se abțină de la comentarii și declarații negândite”. Pe 17 mai, avocatul fostul judecător ucrainean Nicolai Ceaus, răpit la Chișinău, Rostislav Kraveț, menționa că imaginile video în care apare ex-magistratul „sunt o înscenare” și „au fost făcute sub presiune”. Judecătorul ucrainean Nicolai Ceaus a ajuns în vizorul organelor de urmărire penală de la Kiev după ce în august 2016 ar fi luat 150 000 de dolari mită pentru pronunțarea unei hotărâri în favoarea unui inculpat.
Persons: Nicolai Ceaus, Ceaus, !, Pavel Voicu, Nicolae Ceaus, Iulian Balan, Maia Sandu, Supremă de Justiție, R, ., Rada Organizations: !, Interne, Ministerului Apărării, Supremă de Locations: Chișinău, Ucraina, Moldova, Interne, . Moldova, Kiev, Rada Supremă, Euromaidan, Chişinău
Avocatul fostul judecător ucrainean Nicolai Ceaus, răpit la Chișinău, Rostislav Kraveț, menționează că imaginile video în care apare ex-magistratul „sunt o înscenare” și „au fost făcute sub presiune”. El este controlat de anumite persoane și, cel mai probabil, povestea implicării Serviciilor Speciale Ucrainene în răpirea sa din R. Moldova este confirmată. Mai degrabă, el nu a fost răpit din R. Moldova, ci răpit în 2016, când a fost scos din Ucraina. Iar acele zece persoane împotriva cărora a fost inițiat un dosar penal în R. Moldova, nu ar fi fost implicate în acest sens. Judecătorul cunoscut pentru faptul că a examinat mai multe dosare cu implicarea participanţilor la Euromaidan, a fost reţinut la Chişinău pe 1 martie 2017.
Persons: Nicolai Ceaus, Nicolae, El, Petro Poroșenko, Pavel Voicu, Nicolae Ceaus, Iulian Balan, Maia Sandu, Supremă de Justiție, R, ., Rada Organizations: Facebook, Ucrainene, Interne, Ministerului Apărării, Supremă de Locations: Chișinău, Moldova, Ucraina, Interne, . Moldova, Kiev, Rada Supremă, Euromaidan, Chişinău
Mă numesc Nicolai Ceaus Alexeevici. După cum vedeți, eu sunt viu și sănătos și totul la mine este în regulă. Mai multe decât atât, toate degetele mele sunt la locul lor și maxilarul este la locul lui. Alături de imaginile video în care apare Ceaus, a fost postat și un mesaj. „Sunt gata să pun la dispoziția agențiilor de aplicare a legii toate informațiile despre persoanele care m-au răpit și reținut din 2016.
Persons: Nicolai Ceaus, Nicolai Ceaus Alexeevici, Svetlana, Pavel Voicu, Nicolae Ceaus, Iulian Balan, Maia Sandu, Supremă de Justiție, R, ., Rada Organizations: Interne, Ministerului Apărării, Supremă de Locations: Chișinău, Ucraina, Moldova, Interne, . Moldova, Kiev, Rada Supremă, Euromaidan, Chişinău
Procurorii anunță că la 10 mai 2021, procurorii l-au pus sub învinuire pentru asigurarea și organizarea activității grupului de persoane care nemijlocit au realizat răpirea cetățeanului ucrainean. Potrivit legii penale, fapta de care bărbatul reținut este învinuit se pedepsește cu închisoarea pentru un termen de la 6 la 10 ani. Judecătorul cunoscut pentru faptul că a examinat mai multe dosare cu implicarea participanţilor la Euromaidan, a fost reţinut la Chişinău pe 1 martie 2017. Magistratul s-a prezentat benevol la Inspectoratul de Poliţie al sectorului Buiucani, declarând că a trecut ilegal frontiera de stat. La Chișinău acesta a solicitat azil politic, însă 12 octombrie 2017 a primit refuz.
Persons: Nicolae Ceaus, Nicolae, Procurorii, Pavel Voicu, Iulian Balan, Nicolai Ceaus, Maia Sandu, Supremă de Justiție, R, ., Rada Organizations: Interne, Ministerului Apărării, Supremă de Locations: Ucraina, Chișinău, Moldova, Interne, . Moldova, Kiev, Rada Supremă, Euromaidan, Chişinău
Total: 25