These are the stocks posting the largest moves midday.
— Union Pacific rose 4.2% after beating Wall Street earnings expectations for the second quarter. The railroad company reported $2.22 in earnings per share, topping analyst expectations of $2.14 per share, according to Refinitiv. Union Pacific improved its operating ratio year on year, reporting 59.6% on the profitability measure, 3.4 points better than the same quarter in 2018.— The equipment rentals company slid 6.5% after the company cut the high end of its revenue guidance for the year.
The company previously expected full-year sales to range between $9.15 billion and $9.55 billion. "Our updates to guidance reflect a slightly slower than expected pace for the BlueLine integration, as well as historically bad weather in several key regions this past quarter," CEO Michael Flannery said.— Taiwan Semiconductor's shares rose 2% after it announced a 21.9% sales increase in June and a 3.3% year over year revenue increase in its quarterly report.
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