Earnings roundup: Union Pacific, Hubbell
Among the earnings stories for Thursday, Oct. 18, from AP Business News:
_ Union Pacific Corp. said that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the railroad offset a 12 percent drop in coal shipments.
_ Electrical products maker Hubbell Inc. said that its third-quarter net profit rose 6 percent, as residential construction and lighting sales gained strength.
_ Microchip maker Cypress Semiconductor Corp.'s third-quarter net income fell 64 percent as revenue dropped, but called the results a "good quarter in tough times."