Union Pacific Corp.'s Stock Price Declines Again.

From: Knight Ridder/Tribune Business News | Date: June 2, 1998| Author: Piller, Dan | Copyright information

Knight Ridder/Tribune Business News

Jun. 2--Shares of Union Pacific Corp. dropped $2 yesterday after a $1.25-per-share decline Friday, and after the surprising resignation of Chief Financial Officer L. White Matthews, who said he is leaving to "focus on other pursuits."

Matthews, 52, has been chief financial officer for 10 years. His resignation, which one Wall Street analyst termed a "shock," came after Union Pacific said last week that it would report its third c...

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