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Norfolk Southern Corp (NYSE:NSC) stock surges post mixed fourth-quarter 2024 results. Norfolk Southern’s railway operating revenue declined 2% year-over-year to $3.024 billion, versus the ...
Norfolk Southern (NYSE:NSC), a prominent player in the freight rail industry, announced its fourth-quarter 2024 results on January 29, 2025. These results surpassed Wall Street expectations, with ...
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The activist investors trying to take control of Norfolk Southern's board are picking up key support, but the railroad's CEO promised Monday to fight the takeover attempt until a May 9 shareholder vote because he believes his strategy is the best in the long run for investors, customers and workers.
Norfolk Southern announced an agreement Thursday with Ancora Holdings to keep the investor from launching a repeat of this year's campaign to take control of the railroad. Under the deal, Norfolk Southern will add another independent director to its board and work to further improve its operations.
Norfolk Southern shareholders will decide Thursday morning whether to back an activist investor’s bid to take over the railroad’s board and replace management. Ancora Holdings picked up significant support during the campaign from major investors like EdgePoint Investment Group, two major rail unions and some customers. But the rest of rail ...
Overview from a Freedom residential neighborhood Conway Yard alongside Ohio River. Conway is the only remaining large operation of the four early-20th century PRR yards. NS processes 90,000 to 100,000 cars per month (as of 2003).
Norfolk Southern said the East Palestine derailment is now expected to cost nearly $2.2 billion total with about half of that related to legal costs and settlements like the $600 million class ...