Thursday, July 21, 2016

UPDATE 2-Union Pacific profit falls, sees tough market for rest of 2016

CHICAGO, July 21 (Reuters) - Union Pacific Corp on

Thursday reported a lower quarterly net profit that was hurt by

falling freight volumes, especially coal, and warned the strong

U.S. dollar, soft global economy and weak consumer demand would

keep weighing on the No. 1 U.S. railroad's business in the

second half of 2016.

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