Norfolk Southern Newswire (Page 10)

Norfolk Southern Newswire (Page 10)

Comprehensive Real-Time News Feed for Norfolk Southern. (Page 10)

Results 181 - 200 of 2,182 in Norfolk Southern

  1. Canada FX Debt-C$ near flat as oil, greenback both firmRead the original story

    Nov 10, 2015 | Reuters

    ... investors will also take note of a potential acquisition by Canadian Pacific Railway Ltd of U.S. peer Norfolk Southern Corp, after news of preliminary merger talks emerged on Monday. Canadian government bond prices were higher across the maturity ...

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  2. Buffett's Rail CFO Sees Challenges for Rivals Seeking to MergeRead the original story

    Nov 10, 2015 | The Washington Post

    Julie Piggott, the chief financial officer of the railroad at Warren Buffett's Berkshire Hathaway Inc., said government watchdogs may be reluctant to allow more consolidation of major companies in her industry. The topic of regulators' response to a possible merger was broached on a call for bondholders of Berkshire's BNSF Railway on Tuesday, a day after Bloomberg News reported that Canadian Pacific Railway Ltd. was exploring a takeover of U.S. carrier Norfolk Southern Corp. "This is still very speculative, I think, and rumor-based, but in our view we think that the regulatory environment is still challenging," Piggott said.

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  3. Canadian Pacific Bid Would Face Agency Scorning Rail MergersRead the original story

    Nov 10, 2015 | The Washington Post

    Chief Executive Officer Hunter Harrison's target, people familiar with the matter said, is Norfolk Southern Corp., the No. 2 carrier in the eastern U.S. While investors savored the possible efficiencies in a coast-to-coast operation, getting to that point won't be easy.

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  4. Canadian Pacific Seeks RR Deal - M&A DailyRead the original story w/Photo

    Nov 10, 2015 | Seeking Alpha

    Canadian Pacific management wants to buy Norfolk Southern . CP has been a big win for Bill Ackman 's Pershing Square .

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  5. CP Rail takeover of NS would fulfill Harrison strategyRead the original story w/Photo

    Nov 10, 2015 | Brotherhood of Locomotive Engineers and Trainmen

    TORONTO - A takeover of Norfolk Southern Corp. by Canadian Pacific Railway Ltd. would give Hunter Harrison his dream: a railway that reaches three coasts. The chief executive officer of Calgary-based CP could be a step closer to achieving that goal, after he tried and failed to buy CSX Corp. last year.

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  6. Canada FX Debt-C$ edges lower on weaker oil, global growth concernsRead the original story

    Nov 10, 2015 | Reuters

    ... term investors will also take note of a potential acquisition by Canadian Pacific Railway Ltd of U.S. peer Norfolk Southern Corp, after news of preliminary merger talks emerged on Monday. Bank of Canada Senior Deputy Governor Carolyn Wilkins will ...

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  7. Nov. 10 Premarket Briefing: 10 Things You Should KnowRead the original story w/Photo

    Nov 10, 2015 | TheStreet.com

    ... 3% to $3.86 billion. Canadian Pacific is raising financing and has held early-stage merger talks with Norfolk Southern, which is valued at about $24 billion, said two of the people. Discussions are preliminary and talks may not progress or lead to a ...

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  8. Press Digest- Canada - Nov 10Read the original story

    Nov 10, 2015 | Reuters

    ... rising 5.7 percent on Monday after reports that it has held early-stage takeover talks with U.S. rival Norfolk Southern Corp ( bit.ly/1HEymMx ) ** Canadian Natural Resources Ltd, the largest oil and gas producer in the country by volume, is also for ...

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  9. CP Railway's Merger Track Runs Through Agency Scorning Big DealsRead the original story

    Nov 10, 2015 | The Washington Post

    Canadian Pacific Railway Ltd.'s quest for a record merger depends on a blessing from the same U.S. agency that thwarted the last effort to build a transcontinental railroad. Chief Executive Officer Hunter Harrison's target, people familiar with the matter said, is Norfolk Southern Corp., the No.

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  10. Norfolk Southern Corp. Rating Lowered to Hold at Vetr Inc.Read the original story

    Nov 9, 2015 | AmericanBankingNews.com

    ... close. A number of other research analysts have also commented on NSC. Avondale Partners lowered shares of Norfolk Southern Corp. from a "market perform" rating to an "underperform" rating in a research report on Thursday, October 29th. Macquarie ...

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  11. Construction starting on new railroad span in NY state parkRead the original story

    Oct 29, 2015 | NBC29

    ... The original wrought-iron bridge was built over the Genesee River in 1875. The Norfolk, Virginia-based Norfolk Southern Corp. says trains have to cross the bridge at 10 mph because it can't efficiently handle modern freight rail transportation. The ...

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  12. Weak coal derails NS profitsRead the original story

    Oct 29, 2015 | Altoona Mirror

    Norfolk Southern third-quarter profit fell 19 percent as the railroad hauled 3 percent less freight and restructured some of its operations in response to slowing traffic. President and CEO James Squires said Wednesday that weak demand will linger in the fourth quarter, but he predicted profits should improve next year.

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  13. Norfolk Southern reports 19% drop in 3rd-quarter profitRead the original story w/Photo

    Oct 29, 2015 | The Virginian-Pilot

    ... same quarter a year ago. The drop was attributed largely to reductions in fuel surcharge revenue in each of Norfolk Southern's three commodity groups, as well as continued reductions in coal shipments. "Norfolk Southern's third-quarter results ...

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  14. Norfolk Southern 3Q profit falls 19 percent on weak coalRead the original story w/Photo

    Oct 28, 2015 | The Republic

    Norfolk Southern third-quarter profit fell 19 percent as the railroad hauled 3 percent less freight and restructured some of its operations in response to slowing traffic. President and CEO James Squires said Wednesday that weak demand will linger in the fourth quarter, but he predicted profits should improve next year.

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  15. Work to begin on $70M bridge in Letchworth State ParkRead the original story

    Oct 27, 2015 | Rochester Business Journal

    ... iron structure. The new structure will be a steel arch railroad bridge spanning Letchworth's Upper Falls. Norfolk Southern Corp. will fund the majority of the project, with $3 million contributed by the state Department of Transportation for design ...

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  16. Sector's bear market is rolling right along.Read the original story

    Oct 27, 2015 | TheStreet.com

    ... average, down about 25% this year, almost entirely because of coal, and you have to figure that once again Norfolk Southern (NSC) lowers the boom when it reports in the a.m. This is the most important cargo for trains there is, and I don't care how ...

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  17. Norfolk Southern: 3% Yield, 100% Upside PotentialRead the original story w/Photo

    Oct 27, 2015 | GuruFocus.com

    Share buybacks and solid growth in sales and earnings have helped Norfolk Southern create a solid economic moat. NSC has struggled in 2015, down 29% on the year and, consistent with my own investment thesis, it's better to buy in at a fair or low earnings multiple when a company's market price is far lower than its 52-week high.

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  18. Norfolk Southern Corp. (NSC) Set to Announce Quarterly Earnings on WednesdayRead the original story

    Oct 27, 2015 | AmericanBankingNews.com

    Norfolk Southern Corp. will be issuing its Q315 quarterly earnings data on Wednesday, October 28th. Analysts expect the company to announce earnings of $1.45 per share and revenue of $2.72 billion for the quarter.

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  19. Perrigo steps up effort vs. drug giant Mylan; Huntington Bank 2nd-largest SBA lenderRead the original story w/Photo

    Oct 23, 2015 | Post-gazette.com

    ... mandated by Congress in 2008 that can help slow speeding trains. Companies, including local carriers Norfolk Southern Corp. and CSX Corp., had warned that they could shut down service if the Dec. 31 deadline was not extended. Dallas-based Dickey's ...

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  20. Rep.: Train relief comingRead the original story w/Photo

    Oct 21, 2015 | Altoona Mirror

    ... afternoon. Without the extension, the mainline through Altoona, along with the rest of track owner Norfolk Southern's rail network, would need to cease carrying passengers or poisonous-to-inhale chemicals after Dec. 31, because the company cannot ...

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