Norfolk Southern Newswire (Page 9)

Norfolk Southern Newswire (Page 9)

Comprehensive Real-Time News Feed for Norfolk Southern. (Page 9)

Results 161 - 180 of 5,221 in Norfolk Southern

  1. Cramer: If They Build the Bottom Line, They're Not the Unkindest CutsRead the original story

    Apr 26, 2016 | TheStreet.com

    ... are taking aggressive cost cuts to get where they need to be. Let's take the giant railroad that is Norfolk Southern's (NSC). Revenues were soft when it reported, down 6%. Who would want any company that has that level of sales decline? If you ...

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  2. Avoid Canadian National RailwayRead the original story w/Photo

    Apr 26, 2016 | Seeking Alpha

    ... key area for cost cuts. It represents 19% of total revenue and competitors Canadian Pacific (NYSE: CP ) and Norfolk Southern (NYSE: NSC ) have already starting reducing head count and labor costs. I would expect EBITDA margin to improve going ...

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  3. Companies Are Making Money By Firing - Cramer's Mad MoneyRead the original story w/Photo

    Apr 26, 2016 | Seeking Alpha

    ... companies that have reported strong bottom line numbers are the ones firing aggressively. Case in point is Norfolk Southern (NYSE: NSC ) which saw a 6% decline in revenue but its expenses declined 13% which resulted into exceeding earnings ...

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  4. Logistics and Transport Sees Bigger, but Fewer, M&A DealsRead the original story w/Photo

    Apr 25, 2016 | Wall Street Journal

    ... one that didn't happen. Canadian Pacific Railway Ltd. this month dropped its $30 billion takeover bid for Norfolk Southern Corp. after strong opposition from Norfolk Southern management and criticism from shippers and elected officials. Analysts ...

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  5. Norfolk Southern Corp. (NSC) Price Target Lowered to $89.00 at Cowen and CompanyRead the original story w/Photo

    Apr 25, 2016 | Daily Political

    ... other brokerages have also recently commented on NSC. Citigroup Inc. upped their price target on shares of Norfolk Southern Corp. from $78.00 to $84.00 and gave the company a neutral rating in a research note on Wednesday, April 6th. Deutsche Bank ...

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  6. Canadian Pacific Falls as Buyback Fails to Soothe InvestorsRead the original story

    Apr 20, 2016 | The Washington Post

    Canadian Pacific Railway Ltd. shares fell as plans to repurchase stock disappointed investors expecting a bigger payback following the railroad's failed takeover attempt of Norfolk Southern Corp. Hunter Harrison, the Canadian carrier's chief executive officer, said repeatedly during the five-month public campaign for the U.S. rival that he probably would start repurchasing stock if the acquisition attempt ended, which it did last week. The board authorized repurchasing as many as 6.91 million common shares, the Calgary-based company said Wednesday in a statement.

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  7. Canada Stocks-TSX rises to near 6-month high as oil ralliesRead the original story

    Apr 20, 2016 | Reuters

    ... said it planned to repurchase up to 5 percent of its shares, just over a week after abandoning a bid to buy Norfolk Southern Corp. Gold stocks also retreated as a firmer tone to the U.S. dollar weighed on gold. Barrick Gold Corp lost 3.1 percent to ...

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  8. Weekly Investment Analysts' Ratings Updates for Norfolk Southern Corp.Read the original story w/Photo

    Apr 20, 2016 | Daily Political

    Several brokerages have updated their recommendations and price targets on shares of Norfolk Southern Corp. in the last few weeks: 4/13/2016 - Norfolk Southern Corp. is now covered by analysts at Bank of America. They set a "neutral" rating and a $78.72 price target on the stock.

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  9. Canadian Pacific Says Railroads Will Need Mergers in FutureRead the original story w/Photo

    Apr 20, 2016 | The Daily News

    The CEO of Canadian Pacific still thinks railroad mergers are needed if the industry is to handle more freight, even after the company's bid for Norfolk Southern crumbled under stiff resistance. Hunter Harrison said he thinks major railroad mergers will happen eventually and that they'll be successful.

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  10. Canadian Pacific Falls as Buyback Fails to Soothe InvestorsRead the original story

    Apr 20, 2016 | The Washington Post

    Canadian Pacific Railway Ltd. shares fell as plans to repurchase stock disappointed investors expecting a bigger payback following the railroad's failed takeover attempt of Norfolk Southern Corp. Hunter Harrison, the Canadian carrier's chief executive officer, said repeatedly during the five-month public campaign for the U.S. rival that he probably would start repurchasing stock if the acquisition attempt ended, which it did last week. The board authorized repurchasing as many as 6.91 million common shares, the Calgary-based company said Wednesday in a statement.

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  11. UPDATE 3-CP Rail to buy back shares, boosts dividendRead the original story

    Apr 20, 2016 | Reuters

    April 20 Canadian Pacific Railway Ltd's plans to repurchase up to 5 percent of its shares may have fallen short of expectations, a week after Canada's second-largest railroad abandoned its bid to buy Norfolk Southern Corp. CP said on Wednesday it would buy back up to 6.91 million of its common shares. As of Tuesday's close of C$189.95, the repurchase would be worth about C$1.31 billion .

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  12. At midday: Rising TSX approaches six-month highRead the original story w/Photo

    Apr 20, 2016 | The Globe and Mail

    ... it planned to repurchase up to 5 per cent of its shares, just over a week after abandoning a bid to buy Norfolk Southern Corp. U.S. stock indexes were slightly higher on Wednesday as a recovery in oil added to the boost from earnings reports that ...

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  13. Canadian Pacific Railway chugs past weak economy in first quarterRead the original story w/Photo

    Apr 20, 2016 | SooToday

    ... reliable service - and delivered a record performance." Last week, CP gave up its attempt to merge with Norfolk Southern Corp. after the U.S. Justice and Defense departments raised concerns about the proposed takeover. The Calgary-based railway had ...

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  14. Why Canadian Pacific's quest to merge with Norfolk Southern was derailedRead the original story w/Photo

    Apr 20, 2016 | Brotherhood of Locomotive Engineers and Trainmen

    NORFOLK, Va. - To get some idea of what Canadian Pacific Railway was up against in its quest to merge with Norfolk Southern Corp., one might start with the website of the U.S. Surface Transportation Board, the federal agency that has oversight of such rail deals.

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  15. NS declares quarterly dividendRead the original story w/Photo

    Apr 20, 2016 | Brotherhood of Locomotive Engineers and Trainmen

    NORFOLK, Va. - Norfolk Southern Corporation today announced the regular quarterly dividend of 59 cents per share on its common stock, payable on June 10 to stockholders of record on May 6. Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 135 consecutive quarters.

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  16. CP Rail reports $540M in earnings in first quarter, despite weak economyRead the original story w/Photo

    Apr 20, 2016 | CBC News

    ... reliable service - and delivered a record performance." Last week, CP gave up its attempt to merge with Norfolk Southern Corp. after the U.S. Justice and Defense departments raised concerns about the proposed takeover. The Calgary-based railway had ...

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  17. UPDATE 2-CP Rail to buy back shares; boosts dividendRead the original story

    Apr 20, 2016 | Reuters

    As of Tuesday's close of C$189.95, the repurchase would be worth about C$1.31 billion . The company abandoned its efforts to buy Norfolk Southern almost six months after it launched a $28 billion unsolicited bid.

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  18. Canadian Pacific boosts dividend, to buy back sharesRead the original story

    Apr 20, 2016 | Reuters

    Canadian Pacific Railway increased its quarterly dividend and said it planned to buy back up to 5 percent of its shares, days after abandoning a bid to buy Norfolk Southern Corp. Canada's No. 2 railroad said it would repurchase up to 6.91 million of its common shares.

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  19. CP Rail hikes dividend, launches share buybackRead the original story w/Photo

    Apr 20, 2016 | The Globe and Mail

    Canadian Pacific Railway Ltd. raised its dividend and launched a share buyback program on Wednesday, rewarding investors in the wake of the failed takeover bid for Virginia-based Norfolk Southern Corp. Calgary-based CP said it will raise the quarterly dividend to 50 cents from 35 cents, and repurchase as many as 7 million shares or 5 per cent of the public float. For the three months ended March 31, CP posted diluted earnings per share of $3.51 on revenue of $1.67-billion.

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  20. Canadian Pacific Announces Buyback as Profit Tops EstimatesRead the original story w/Photo

    Apr 20, 2016 | Transport Topics

    Canadian Pacific Railway having failed in its bid to buy Norfolk Southern Corp., will buy back as much as C$1.31 billion of its stock, confirming an effort outlined by CEO Hunter Harrison. Canada's second-biggest railroad also plans a 43% increase to its quarterly dividend, to 50 Canadian cents a share, as it reported profit that topped analysts' estimates.

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