Norfolk Southern Newswire

Comprehensive Real-Time News Feed for Norfolk Southern.

Results 1 - 20 of 836 in Norfolk Southern

  1. Power REIT Lawsuit: Nearing A (Disappointing) Finish?Read the original story w/Photo

    2 hrs ago | Seeking Alpha

    Recent developments in Power REIT's legal battle with Norfolk Southern continue to demonstrate Norfolk Southern's extreme confidence in its position. Power REIT hopes that the court will completely discount the 50-year performance of the lease, an argument that appears unlikely to succeed.

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  2. 15 Finds Out: Through Your BackyardRead the original story w/Photo

    19 hrs ago | WANE-TV Fort Wayne

    ... in this country and it's happening here in this community," said Dave Pidgeon, public relations manager for Norfolk Southern Corp. "We are moving towards greater energy independence." But since the beginning of 2013, oil train derailments have ...

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  3. Power REIT: Light At The End Of The Tunnel?Read the original story w/Photo

    Yesterday | Seeking Alpha

    I first became interested in Power REIT in 2012 because of the company's plans to become what would have been the first US-listed "yieldco," i.e., a clean energy power producer paying a high level of reliable dividends to investors. The company was an infrastructure Real Estate Investment Trust with a single asset: its subsidiary, Pittsburgh & West Virginia Railway , which owned 122 miles of track leased to Norfolk Southern Corp. , which had in turn subleased the track to Wheeling & Lake Erie .

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  4. Downtown site being cleared for I&M substationRead the original story

    Yesterday | Fort Wayne News-Sentinel

    Several acres just south of downtown Fort Wayne are being cleared for a possible electric substation as part of a $787 million facilities upgrade announced by Indiana Michigan Power last week. Spokesman Tracy Warner said the utility purchased the land and a long-vacant freight depot from Norfolk Southern Corp. with an eye toward replacing an aging adjacent substation at Harrison and Melita streets.

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  5. Norfolk Southern focuses on improving serviceRead the original story w/Photo

    Wednesday | Brotherhood of Locomotive Engineers and Trainmen

    NORFOLK, Va. - Last week, the Norfolk-based railroad announced record third-quarter profit of $559 million, a 16 percent gain from the same quarter a year ago.

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  6. Blue Earth to defend class action based on Seeking Alpha blogRead the original story

    Tuesday Oct 21 | Theflyonthewall.com

    ... EARNINGS: 3D Systems (DDD), down 15%... Biogen (BIIB), down 7%... Lumber Liquidators (LL), down 13.4%... Norfolk Southern (NSC), down 3%... Angie's List (ANGI), down 8.8%. ALSO LOWER: Nanosphere (NSPH), down 33% after filing secondary, reporting ...

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  7. lululemon may have another PR issue on hand, says Sterne AgeeRead the original story

    Thursday Oct 16 | Theflyonthewall.com

    On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: Akamai downgraded to Market Perform from Outperform at Wells Fargo... CGG SA downgraded to Reduce from Neutral at Nomura... Central Valley Community downgraded to Hold from Buy at Sandler O'Neill... DSM downgraded to Neutral from Buy at Nomura... Disney downgraded at Guggenheim... Francesca's downgraded to Underperform from Outperform at Macquarie... Netflix downgraded to Fair Value from Buy at CRT Capital... Nordstrom downgraded to Neutral from Outperform at Macquarie... Norfolk Southern downgraded at Credit Suisse... Rio Tinto downgraded to Market Perform at Cowen... Seadrill downgraded to Reduce from Neutral at Nomura... Ternium downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters downgraded to Neutral from Outperform at Macquarie... Viacom downgraded at BofA/Merrill... eBay downgraded to ... (more)

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  8. 10 Clean Energy Stocks For 2014: September SwoonRead the original story w/Photo

    Dec 26, 2013 | Seeking Alpha

    ... current price. Solar and rail real estate investment trust Power REIT advanced strongly during the month. Norfolk Southern Corp. (NYSE: NSC ) and its subleasee Wheeling & Lake Erie Railway filed motions for summary judgment in the civil case in ...

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  9. Targa Resources upgraded to Buy from Accumulate at Global HunterRead the original story

    Monday Oct 13 | Theflyonthewall.com

    ... a possible merger. Following the Journal's report, CSX rose 10% and Canadian Pacific advanced 1%, while Norfolk Southern (NSC) and Kansas City Southern (KSU) both climbed about 3%... Chrysler returned to the U.S. stock market, as shares of Fiat ...

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  10. Targa Resources Partners upgraded to Buy from Neutral at GoldmanRead the original story

    Monday Oct 13 | Theflyonthewall.com

    ... a possible merger. Following the Journal's report, CSX rose 10% and Canadian Pacific advanced 1%, while Norfolk Southern (NSC) and Kansas City Southern (KSU) both climbed about 3%... Chrysler returned to the U.S. stock market, as shares of Fiat ...

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  11. Abercrombie & Fitch retreats after Goldman cuts to SellRead the original story

    Friday Oct 10 | Theflyonthewall.com

    ... Fair Value from Buy at CRT Capital... Nordstrom (JWN) downgraded to Neutral from Outperform at Macquarie... Norfolk Southern (NSC) downgraded at Credit Suisse... Rio Tinto (RIO) downgraded to Market Perform at Cowen... Seadrill (SDRL) downgraded to ...

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  12. Norfolk Southern Reports Strong Q3 FiguresRead the original story w/Photo

    Thursday Oct 23 | Seeking Alpha

    Shares have nearly reached my valuation target although the company's strong performance means there is more room to run. Norfolk Southern just announced strong earnings results for the third quarter.

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  13. Norfolk Southern Corp. Given Average Recommendation of "Buy" by BrokeragesRead the original story

    Thursday Oct 23 | AmericanBankingNews.com

    Norfolk Southern Corp. has received an average recommendation of "Buy" from the twenty brokerages that are currently covering the stock, AnalystRatingsNetwork reports . Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company.

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  14. Norfolk Southern (NSC) Earnings Report: Q3 2014 Conference Call TranscriptRead the original story w/Photo

    Thursday Oct 23 | TheStreet.com

    This is a transcript of that earnings call: I'd now like to turn the conference over to your host Katie Cook, director of investor relations. Thank you, Ms.

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  15. NASCENT Technology Declares 1000th AGS Kiosk, "Ready for Delivery"Read the original story w/Photo

    Thursday Oct 23 | Business Wire

    ... the completion of the 1000th Kiosk. "I'm especially excited to say that this kiosk will be delivered to Norfolk Southern's Intermodal Facility right here in Charlotte, North Carolina," added Teti. The kiosk, nicknamed "Jimmy", is branded with a ...

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  16. UPDATE 3-Union Pacific CEO: "not a fan" of possible rail mergersRead the original story

    Thursday Oct 23 | Reuters

    ... Pacific Railway Ltd recently made a failed bid for No. 3 U.S. railroad CSX Corp. The CEOs of CSX and Norfolk Southern Corp have made comments in the past week stressing that past mergers between large railroads have led to significant service ...

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  17. CP: A Dividend Growth Model Exposes The Over ValuationRead the original story w/Photo

    Thursday Oct 23 | Seeking Alpha

    CP has had a terrific run as Hunter Harrison cut costs and brought the operating ratio to best in class. I read a recent analyst's report for CP Rail which had the tag line "A Top Line Story Emerging" and gave a bullish outlook for Canadian Pacific Railway Limited based on the prospect of the company growing revenue ton miles at 8% over the next few years and sustaining the 9% revenue growth rate it showed in the last quarter.

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  18. Railroad mergers often derail at service end, CEO saysRead the original story w/Photo

    Thursday Oct 23 | Arkansas Online

    Norfolk Southern Corp.'s CEO said he doesn't think railroad mergers are a good idea, even if regulators might approve one.

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  19. Automakers under increased scrutiny after wide ranging air bag recall, WSJ saysRead the original story

    Thursday Oct 9 | Theflyonthewall.com

    ... a possible merger. Following the Journal's report, CSX rose 10% and Canadian Pacific advanced 1%, while Norfolk Southern (NSC) and Kansas City Southern (KSU) both climbed about 3%... Chrysler returned to the U.S. stock market, as shares of Fiat ...

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  20. Norfolk Southern's (NSC) CEO Wick Moorman on Q3 2014 Results - Earnings Call TranscriptRead the original story w/Photo

    Wednesday Oct 22 | Seeking Alpha

    Greetings and welcome to the Norfolk Southern Corporation Third Quarter 2014 Earnings Conference Call. At this time, all participants are in a listen-only mode.

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