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Norfolk Southern Corp

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  • CHICAGO, April 23- Union Pacific Corp is scrambling to cope with opposing trends across its network after a drop in freight volumes in the first quarter, the No. 1 U.S. railroad's top executive said on Thursday. All had been rosy for Union Pacific just months earlier, in the fourth quarter. A similar drop-off in coal has affected other railroads- CSX Corp, Norfolk...

  • CHICAGO, April 22- Union Pacific Corp said on Thursday its first quarter results were hurt by a drop in coal volumes and the company warned coal would continue to weigh on its results throughout the year. Union Pacific said coal volumes fell 5 percent during the quarter. "Shares will be pressured on these results, but we have confidence that Union Pacific will be...

  • CHICAGO, April 22- No. 1 U.S. railroad Union Pacific Corp on Thursday reported a higher quarterly net profit as lower fuel costs and pricing gains offset falling freight volumes, but results fell short of market expectations. Union Pacific saw the volume of coal on its rails fall 5 percent during the quarter. Omaha- based Union Pacific posted first-quarter net...

  • TORONTO, April 21- Shareholder activism is "long overdue" at some major U.S. railways, Canadian Pacific Railway Ltd Chief Executive Hunter Harrison said in an interview on Tuesday, after several U.S. competitors reported disappointing financial results. CP Rail, Canada's second-biggest railway, which also has a substantial presence in the United States,...

  • TORONTO, April 21- Shareholder activism is "long overdue" at some major U.S. railways, Canadian Pacific Railway Ltd Chief Executive Hunter Harrison said in an interview on Tuesday after several U.S. competitors reported disappointing financial results. Asked whether activist shareholders might put pressure on some major U.S. railways to consider putting...

  • CHICAGO, April 15- Low oil prices and the strong U.S. dollar made for a somewhat painful first quarter for major U.S. railroads CSX Corp and Norfolk Southern Corp, and may continue to weigh on their profits. Chief Executive Officer Michael Ward told Reuters the reduced outlook reflected the impact of the strong dollar, low oil prices and the weak coal market.

  • Cramer: Big market positives that can't be ignored Tuesday, 14 Apr 2015 | 6:12 PM ET
    A shopper touches the screen of an Apple Watch in New York.

    Jim Cramer gives a fresh dose of reality when he focuses investors on all of the positive inputs in the market right now.

  • *Norfolk Southern gives weak outlook, shares fall. NEW YORK, April 14- The Dow and S&P 500 ended higher on Tuesday, helped by energy stocks and March-quarter earnings reports that topped modest expectations following worries about a strong dollar. Norfolk Southern Corp dropped 4.18 percent to $100.49 a day after it forecast a surprise drop in its first-quarter...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mixed on Tuesday as investors digested the first of the major earnings reports and moderate economic data.

  • This stock is sliding ahead of its earnings report Tuesday, 14 Apr 2015 | 2:58 PM ET
    A CSX train at the Norfolk Southern Bellevue Terminal in Bellevue, Ohio.

    Rail transport giant CSX is set to report earnings after the bell, but the shares are already dropping. Here's why.

  • *Norfolk Southern gives weak outlook, shares fall. NEW YORK, April 14- The Dow and S&P 500 moved higher on Tuesday, helped by energy stocks and March-quarter earnings reports that topped modest expectations but did little to reduce concerns about the strong dollar. Norfolk Southern Corp was the biggest decliner on the S&P 500, dropping 5.6 percent to $98.95 a day...

  • *JPMorgan rises after results, Wells Fargo lower. *Norfolk Southern gives weak outlook, shares fall. Norfolk Southern Corp was the biggest decliner on the S&P 500, dropping 5.6 percent to $98.95 a day after it forecast a surprise drop in its first-quarter earnings and revenue.

  • US STOCKS-Wall St edges up after JPMorgan, J&J results Tuesday, 14 Apr 2015 | 9:47 AM ET

    *JPMorgan rises after results, Wells Fargo lower. JPMorgan Chase& Co posted stronger-than-expected earnings growth, helped by a rebound in fixed-income trading. The stock- which, along with JPMorgan, is a Dow component- rose 0.6 percent to $101.16.

  • A JPMorgan Chase flag at the company's headquarters in New York.

    U.S. stock index futures indicated a flat to slightly lower open on Tuesday, as traders eyed major bank earnings and retail sale data.

  • *JPMorgan rises in premarket after results. JPMorgan Chase& Co posted stronger-than-expected earnings growth, helped by a rebound in fixed-income trading. The stock- which, along with JPMorgan, is a Dow component- rose 0.4 percent to $100.99.

  • US STOCKS-Futures flat; JPMorgan, J&J report results Tuesday, 14 Apr 2015 | 8:15 AM ET

    *JPMorgan edges up in premarket after results. JPMorgan Chase and Johnson& Johnson were among the first bellwethers to report for this earnings season. Financial giant JPMorgan Chase& Co rose 0.5 percent to $62.40 before the bell as the Dow component posted earnings growth after a rebound in fixed-income trading.

  • Early movers: JPM, DD, NSC, BABA, WFC & more Tuesday, 14 Apr 2015 | 7:52 AM ET
    A trader works on the floor of the New York Stock Exchange, Oct. 24, 2014.

    Some of the names on the move ahead of the open.

  • US STOCKS-Futures edge lower with earnings awaited Tuesday, 14 Apr 2015 | 6:48 AM ET

    *Investors look ahead to results from JPMorgan, J&J. *Norfolk Southern gave weak outlook late Monday. All three are Dow components, and in addition to JPMorgan, Wells Fargo& Co is also scheduled to result.

  • After-hours buzz: Norfolk Southern warns & more Monday, 13 Apr 2015 | 5:15 PM ET
    Traders on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Monday: Norfolk Southern, CSX, Pep Boys & more.

  • NEW YORK, March 23- Volunteers at the Galena, Illinois, fire department were hosing down the smoldering wreck of a derailed BNSF oil train on the east bank of the Mississippi River on March 5 when a fire suddenly flared beyond their control. "They dropped the hoses and got out" when the flames started rising, said Charles Pedersen, emergency manager for Jo Daviess...