| |
| | Railroads beat 1Q forecasts - Apr. 20, 2000 |
 | | Union Pacific Railroad, which is responsible for more than 90 percent of the parent corporation's revenue, continued its improvement from merger-related problems that plagued it and its customers from 1997 to 1998. |
 | | The railroad's ratio of operating expenses to revenue, a key measure of a railroad's financial performance, improved to 82.9 percent from 85.8 percent a year ago. |
 | | Higher energy prices help CP Canadian Pacific (CP: Research, Estimates), a conglomerate that includes rail, shipping and energy concerns, reported net income of 302.6 million Canadian dollars, or 93 Canadian cents a diluted share, well above the 71 Canadian cents forecast of analysts surveyed by First Call. |
| money.cnn.com /2000/04/20/companies/unionpacific (900 words) |
|