Boston, MA 05\/21\/2014 (wallstreetpr) \u2013 Union Pacific Corporation (NYSE:UNP)<\/b> has completed its new railway facility project on a 2,200-acre ground in southern New Mexico. The facility will enhance the company’s capacity while supporting higher revenue. UNP’s new plant consists of equipment and facilities for a modern rail operation. The southern New Mexico new rail facility boasts crew-change buildings, ramp for transferring freight from trucks to trains and vice versa and fueling facilities. Union Pacific Corporation (NYSE:UNP) has planned grand opening of the facility on May 28, 2014, during which the Governor of New Mexico, Susana Martinez will be among the participating dignitaries.<\/p>\n
\u00a0The construction work of the new rail facility started in 2011. Union Pacific Corporation (NYSE:UNP) continue to pour out money on its railroad system upgrade. The latest infrastructure budget is a $9 million rail line that runs between Sedalia and Pleasant Hill. It expects work of the rail line to complete by June.<\/p>\n
\u00a0Billionaire hedge fund manager Daniel Loeb believes that chemical company LyondellBasell Industries NV (NYSE:LYB)<\/b> present greater reward opportunity of investors than Dow Chemical Company (NYSE:DOW)<\/strong>. <\/strong>Mr. Loeb manages Third Point, a New York-based hedge fund that led a successful campaign at the digital company <\/strong>Yahoo! Inc (NASDAQ:YHOO)<\/strong>. \u00a0<\/strong><\/p>\n \u00a0<\/strong>LyondellBasell reported its 1Q2014 financial results on April 29, during which the company posted EPS of $1.72, short of the consensus estimate at $1.73. Its revenue also faltered to come in at $11.14 billion against the consensus of $11.17 billion. However, the weak results were easy to understand as the company is undergoing restructuring.<\/p>\n \u00a0The board of directors of Lam Research Corporation (NASDAQ:LRCX) <\/b>has approved a buyback program that will be executed over the next two years. The board approved $850 million in shares repurchase and the amount includes about $49 million under the previous buyback authorization. The company also announced quarter dividend of $0.18 per share that is payable on July 2, to shareholders of record as of June 11.<\/p>\n","protected":false},"excerpt":{"rendered":" Boston, MA 05\/21\/2014 (wallstreetpr) \u2013 Union Pacific Corporation (NYSE:UNP) has completed its new railway facility project on a 2,200-acre ground in southern New Mexico. The […]<\/p>\n","protected":false},"author":12,"featured_media":23092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[6809,6808,6807,6738,859,709,1144,6690,6806,6689,1816,3322],"stock_ticker":[],"class_list":["post-23090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-lam-research-corporation","tag-lam-research-corporation-nasdaqlrcx","tag-lyondellbasell-industries-nv","tag-lyondellbasell-industries-nv-nyselyb","tag-nasdaqlrcx","tag-nasdaqyhoo","tag-nyselyb","tag-nyseunp","tag-union-pacific-corporation","tag-union-pacific-corporation-nyseunp","tag-yahoo-inc-nasdaqyhoo","tag-yahoo-inc","entry"],"acf":[],"yoast_head":"\n