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Opening Glance: Rails, shippers fall as oil hits new record
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NEW YORK - Shares of railroads and shippers opened lower with the broader market Friday, as the oil futures surged to a new record over $126 per barrel before pulling back a bit.
Here's how major players fared early Friday:
Union Pacific Corp., down $1.19 to $146.
Burlington Northern Santa Fe Corp., down 75 cents to $103.03.
CSX Corp., down 78 cents to $63.25.
FedEx Corp., down $1.12 to $92.09.
United Parcel Service Inc., down 33 cents to $70.74.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Data is a real-time snapshot *Data is delayed at least 15 minutes