Union Pacific Considering a Norfolk Southern Buyout
Digest more
Stock futures were flat after the Nasdaq and S&P 500 posted record highs. Investors watched Netflix after it posted better-than-expected earnings and traders monitored cryptocurrencies following passage of key legislation.
Union Pacific is working with Morgan Stanley investment bankers to provide guidance on the potential acquisition of another Class I railroad, the online publication Semafor reported on Wednesday, citing people familiar with the matter.