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Stocks Norfolk Southern Corp

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  • With fire and smoke billowing along the James River in Lynchburg, city fire battalion chief Robert E. Lipscomb said the sooner he could get answers about the train from the company, the better. "I felt, from an incident commander's perspective, that that two hours was a little bit long," he told the National Transportation Safety Board a day after the April 30, 2014...

  • District Judge Robert Kugler's ruling published Tuesday in Camden dismissed some claims against CSX and Norfolk Southern. Numerous residents sued Conrail as well as CSX and Norfolk Southern, claiming the latter two companies were liable since they took over some operations from Conrail in the late 1990 s. The judge noted in Tuesday's ruling that while CSX's...

  • WASHINGTON, Aug 7- Only a small number of U.S. railroads will meet the Dec. 31 deadline for implementing new train safety technology that experts say would have prevented the deadly May 12 Amtrak derailment in Philadelphia, officials said on Friday. A report to Congress by the Federal Railroad Administration showed that just three out of 38 inter-city passenger,...

  • 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...

  • Dow Theory gives warning signal…again Friday, 15 May 2015 | 7:09 AM ET
    Traders work on the floor of the New York Stock Exchange.

    The underperformance of the Dow Transportation Average this year may be the reason why the market remains range-bound and why it may pull back.

  • 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.