Opening Glance: Rails rise after Burlington, shippers fall
NEW YORK—Shares of railroads rose Wednesday as investors reacted to Burlington Northern Santa Fe Corp. first-quarter earnings, which beat Wall Street's expectations. Shippers fell as oil rebounded.
Here's how major players performed early Wednesday:
Union Pacific Corp., up $2.10 to $146.03.
Burlington Northern Santa Fe Corp., up 90 cents to $103.70.
CSX Corp., up $1.84, or 3 percent, to $63.78.
FedEx Corp., down 44 cents to $96.92.
United Parcel Service Inc., down 2 cents to $73.17.
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