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Stocks Norfolk Southern Corp

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  • OMAHA, Neb.— Norfolk Southern's 23 percent drop in second-quarter profit follows the same story line as other railroads seeing a sharp decline in coal shipments. Norfolk Southern posted $433 million net income, or $1.41 per share. Norfolk Southern's revenue decreased 11 percent to $2.71 billion because coal volume fell 21 percent and total volume declined 2...

  • Norfolk Southern misses Street 2Q forecasts Monday, 27 Jul 2015 | 8:06 AM ET

    NORFOLK, Va. _ Norfolk Southern Corp. on Monday reported second-quarter earnings of $433 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share. Norfolk Southern shares have declined 24 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 1 percent.

  • WASHINGTON, July 14- Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields. On Wednesday, the panel will decide whether to send the measure to the full...

  • Latest 'fix' for California drought: Water by rail Friday, 1 May 2015 | 11:55 AM ET
    Railroad tanker cars

    Experts say the East Coast's plentiful water could cost cents per gallon to Californians and provide a stable, potable water supply.

  • Why the S&P could break out this week Monday, 27 Apr 2015 | 7:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • Bulls sniffing out an S&P breakout Monday, 27 Apr 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • 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.