Topic: Rail Transportation
Union Pacific sets dividend of 27 cents per share
AP News
Freight railroad operator Union Pacific declares quarterly dividend of 27 cents per shareFreight railroad operator Union Pacific Corp. says it will pay a quarterly dividend of 27 cents per share. The company said Thursday the dividend would be payable April 1 to shareholders of record as of Feb. 26.
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Old Mo. River bridge saved for use on Katy Trail
AP News
Union Pacific to give historic railroad bridge to Mo. city for potential use on Katy TrailA rusty Missouri River railroad bridge that came to symbolize the battle between historical tourism and modern transportation has been saved from demolition due largely to federal stimulus funds. Gov. Jay Nixon announced Thursday that ...
S&P cuts Berkshire's rating, cites Burlington deal
AP News
S&P lowers Berkshire Hathaway's 'AAA' rating, citing effects from Burlington Northern purchaseStandard & Poor's has followed through on its warning and lowered Berkshire Hathaway Inc.'s long-term credit rating Thursday as the Omaha firm readies to acquire Burlington Northern Santa Fe Corp. The ratings agency lowered ...
Berkshire to issue $8B of debt for BNSF purchase
AP News
Berkshire Hathaway to borrow $8 billion to finance Burlington Northern dealBerkshire Hathaway Inc. filed documents Thursday indicating plans to sell $8 billion of debt to finance the acquisition of railroad Burlington Northern Sante Fe Corp. Documents filed with the Securities and Exchange Commission indicated plans to sell a combination of ...
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