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The current holding company, Union Pacific Corporation, was established in 1969 with its incorporation in Utah as a holding company for the railroad and other subsidiaries. [3] In 1982, Union Pacific Corporation acquired Missouri Pacific Railroad, which included the Missouri–Kansas–Texas Railroad, and the Western Pacific Railroad.
Yahoo Finance Live anchors discuss the move in Union Pacific stock after the rail freight company reported earnings. Union Pacific stock dips despite earnings, revenue beat [Video] Skip to main ...
The railroad's results fell short of expectations. For premium support please call: 800-290-4726 more ways to reach us
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His tenure as CEO begun in the midst of a crisis due to system incompatibilities as Union Pacific absorbed Southern Pacific Railroad. The company's stock dropped throughout the remainder of the 1990s, and would not recover until 2002. [2] He was awarded Railroader of the Year in 2003. He retired as CEO in 2006, and as Chairman in 2007. [1]
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President, CEO and chairman of Union Pacific Railroad James Ruesch Young (October 24, 1952 — February 15, 2014) was an American railroad executive who was the president, chief executive officer and chairman of the board for Union Pacific Railroad from 2006 to his death in February 2014.