Union Pacific 3Q profit up 15 pct. on price hikes

http://bigstory.ap.org/article/union-pacific-3q-profit-15-pct-price-hikes

The railroad reported $1 billion in net income, or $2.19 per share. That's up from $904 million, or $1.85 per share, a year ago.

Union Pacific, based in Omaha, Neb., said Thursday that revenue grew 5 percent to $5.34 billion from last year's $5.1 billion.

Union Pacific shares rose 1.3 percent, or $1.61, to close at $125.34 Thursday.