The market appears expensive, with historical precedent for long periods of low returns after peaks. Consensus expects 15% S&P 500 earnings growth and rising margins, driven by AI innovation, supporting a steady long-term outlook. Analyst forecasts for 2026 should be viewed skeptically, as actual outcomes often diverge from consensus projections.
A rail workers' union on Monday opposed Union Pacific's proposed $85 billion acquisition of Norfolk Southern , warning that the deal could undermine safety and impact the workforce.
Union Pacific and Norfolk Southern on Friday filed a nearly 7,000‑page merger application with the U.S. Surface Transportation Board (STB), triggering a 30‑day period in which the regulator can seek more information or propose initial remedies as it reviews their plan to create the nation's first coast‑to‑coast freight railroad.
Union Pacific and Norfolk Southern on Friday filed an application with the U.S. transport regulator to review their $85 billion proposed merger, which would create the nation's first coast-to-coast freight railroad.
OMAHA, Nebraska & ATLANTA--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today filed an application with the Surface Transportation Board (STB) requesting approval to combine the two railroads. The companies entered into a merger agreement on July 29, 2025, to create America's first transcontinental railroad. The nearly 7,000-page applicatio...
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