Thursday, April 21, 2016

UPDATE 1-Union Pacific CEO: "more downward pressure" than upward on capex

CHICAGO, April 21 (Reuters) - No. 1 U.S. railroad Union

Pacific Corp said on Thursday that it was trimming its

planned capital expenditures for 2016 by 2 percent and could

further cut investments depending on demand in a weak freight

market across most of its segments.

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