Earnings per diluted share of $2.57 Operating revenue down 5% Reportable derailment rate improved 9% OMAHA, Neb., July 26, 2023 /PRNewswire/ — Union Pacific Corporation (NYSE: UNP) today reported 2023 second quarter net income of $1.6 billion, or $2.57 per diluted share. These results include the previously disclosed $67 million labor expense and $73 million… Continue reading Union Pacific Reports Second Quarter 2023 Results
Tag: Financial Results
Union Pacific Appoints Doyle Simons and John Wiehoff to Board of Directors
OMAHA, Neb., July 26, 2023 /PRNewswire/ — Union Pacific Corporation (NYSE: UNP) (“Union Pacific” or the “Company”) today announced that it has appointed Doyle Simons, former president and CEO of Weyerhaeuser, and John Wiehoff, former chairman, president, and CEO of C.H. Robinson, to its Board of Directors, effective immediately. “The additions of Doyle and John are a continuation of… Continue reading Union Pacific Appoints Doyle Simons and John Wiehoff to Board of Directors
Boeing Reports Second Quarter Results
ARLINGTON, Va., July 26, 2023 /PRNewswire/ — Second Quarter 2023 Transitioning 737 production to 38 per month; increased 787 production to four per month Revenue increased to $19.8 billion primarily reflecting 136 commercial deliveries Operating cash flow of $2.9 billion and free cash flow of $2.6 billion (non-GAAP); cash and marketable securities of $13.8 billion Total… Continue reading Boeing Reports Second Quarter Results
German Handelsblatt: Volkswagen subsidiary: Traton still can’t keep up with orders – MAN earns more007334
VW subsidiary Traton The commercial vehicle manufacturer cannot keep up with the production of the vehicles ordered and is holding on to the brakes when it comes to orders. (Photo: Reuters) The commercial vehicle manufacturer Traton cannot keep up with the production of the ordered vehicles and is holding on to the brakes when it… Continue reading German Handelsblatt: Volkswagen subsidiary: Traton still can’t keep up with orders – MAN earns more007334
BeCause Partners with Booking.com to Provide API for Third-Party Sustainability Certification Data
The partnership will enable Booking.com to automate the way it updates and manages information about accommodations with recognised third-party sustainability certifications on its platform COPENHAGEN, Denmark, July 25, 2023 /PRNewswire/ — BeCause, a startup enterprise software company transforming how the hospitality, travel, and tourism industries manage their sustainability data, has announced a new partnership with global online… Continue reading BeCause Partners with Booking.com to Provide API for Third-Party Sustainability Certification Data
Satellite Navigation System Market worth $75.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 24, 2023 /PRNewswire/ — The Satellite Navigation System Market is estimated at USD 61.1 billion in 2023 and is projected to reach USD 75.5 billion by 2028, at a CAGR of 4.4 % from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth can be attributed to the increasing need for… Continue reading Satellite Navigation System Market worth $75.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
Air Brake System Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 24, 2023 /PRNewswire/ — Air Brake System Market is projected to grow from USD 3.1 billion in 2023 to USD 3.4 billion by 2028 at a CAGR of 2.2% from 2023 to 2028, according to a new report by MarketsandMarkets™. The growth in air brake systems is primarily driven due to a rise in heavy… Continue reading Air Brake System Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™
Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
Encoder Market worth $4.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 21, 2023 /PRNewswire/ — The Encoder Market is projected to grow from USD 2.7 billion in 2023 and is projected to reach USD 4.5 billion by 2028; it is expected to grow at a CAGR of 11.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. The increasing adoption of encoders in… Continue reading Encoder Market worth $4.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
General Dynamics Reports Second-Quarter 2023 Financial Results
Revenue of $10.2 billion, up 10.5% year-over-year, with growth in all four segments Net earnings $744 million, diluted EPS $2.70 Record-high backlog of $91.4 billion, 1.2-to-1 book-to-bill RESTON, Va., July 26, 2023 /PRNewswire/ — General Dynamics Corporation (NYSE: GD) today reported second-quarter 2023 net earnings of $744 million on revenue of $10.2 billion. Diluted earnings… Continue reading General Dynamics Reports Second-Quarter 2023 Financial Results