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Norfolk Southern Corp (NSC.N)

NSC.N on New York Stock Exchange

154.05USD
17 Jan 2018
Change (% chg)

$1.05 (+0.69%)
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$153.00
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$154.31
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$151.94
Volume
597,057
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400,753
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$157.13
52-wk Low
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Latest Key Developments (Source: Significant Developments)

Norfolk Southern announces expiration of early exchange period of exchange offers
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Norfolk Southern Corp :Norfolk Southern announces expiration of early exchange period of previously announced exchange offers and increase in aggregate principal amount of new notes to be issued to $750,000,000.Norfolk Southern Corp - has increased cap on principal amount of new notes to be issued in exchange offers from $600 million to $750 million.Norfolk Southern Corp - ‍exchange offers are scheduled to expire on November 28, 2017, unless extended or earlier terminated​.  Full Article

Norfolk Southern announces private exchange offers
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Norfolk Southern Corp :Norfolk Southern - ‍commencement of offers of co's debt securities to exchange existing notes for cash & up to $600 million of its new notes due 2047​.  Full Article

Canadian National Railway, Norfolk Southern say new joint interline service reducing transit times
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Canadian National Railway Co ::Canadian National Railway, Norfolk Southern Corp announce a new joint interline service.Says co and Norfolk interchanging two eastbound, two westbound manifest trains daily through greater Chicago​.Says the ‍interline service, established in august, allows freight to bypass traditional interchange points in Chicago.  Full Article

Norfolk Southern Q3 earnings per share $1.75
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Norfolk Southern Corp :Norfolk Southern reports third-quarter 2017 results.Q3 earnings per share $1.75.Q3 earnings per share view $1.64 -- Thomson Reuters I/B/E/S.Q3 revenue $2.7 billion versus I/B/E/S view $2.64 billion.Norfolk Southern Corp qtrly merchandising revenue was $‍1.60​ billion versus $1.55 billion.Qtrly ‍railway operating revenues of $2.7 billion increased 6 percent compared with third-quarter 2016​.Qtrly ‍operating ratio, or operating expenses as a percentage of revenues, was 65.9 percent​.Qtrly ‍coal revenue $449 million versus $397 million​.  Full Article

Norfolk Southern increases stock repurchase program
Wednesday, 27 Sep 2017 

Sept 26 (Reuters) - Norfolk Southern Corp :Norfolk Southern increases stock repurchase program.Board of directors has authorized repurchase of up to an additional 50 million shares of its common stock through Dec. 31, 2022.Total number of shares that may be repurchased has increased from 175 million to 225 million.  Full Article

Norfolk Southern sets regular quarterly dividend of $0.59 per share
Tuesday, 25 Oct 2016 

Norfolk Southern Corp :Sets regular quarterly dividend of $0.59 per share.  Full Article

Norfolk southern says train operations have returned to normal since Hurricane Matthew moved up southeast coast
Tuesday, 11 Oct 2016 

Norfolk Southern Corp :For most part, NS train operations have returned to normal since hurricane matthew moved up southeast coast.  Full Article

Amtrak names Wick Moorman as chief executive officer
Friday, 19 Aug 2016 

Amtrak : Names Wick Moorman president and chief executive officer . Moorman, retired chairman, CEO, and president of Norfolk Southern Corp. (NS), will lead company, effective September 1, 2016, in next fiscal year. .Moorman succeeds current CEO Joe Boardman.  Full Article

Norfolk Southern sets regular qtrly dividend of $0.59/share
Friday, 29 Jul 2016 

Norfolk Southern Corp :Sets regular quarterly dividend of $0.59 per share.  Full Article

Norfolk Southern reports Q2 EPS $1.36
Wednesday, 27 Jul 2016 

Norfolk Southern Corp : Q2 earnings per share view $1.35 -- Thomson Reuters I/B/E/S . Qtrly Coal Revenues Were $339 Mln, 25 Percent Lower Compared With previous year . Qtrly railway operating revenues were $2.5 billion, down 10 percent compared with second-quarter 2015 . On track to achieve productivity savings of at least $200 million for 2016 . Qtrly operating ratio improved to 68.6 percent, reflecting an 11 percent reduction in operating expenses . Qtrly railway operating revenues were down 10 percent compared with q2 2015 due to reduced volumes and lower fuel surcharge revenues . Norfolk Southern Corp qtrly merchandise revenues were $1.6 billion, 3 percent lower than same period last year . Qtrly coal revenues were $339 million, 25 percent lower compared with second-quarter 2015 .Q2 revenue view $2.48 billion -- Thomson Reuters I/B/E/S.  Full Article

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Major U.S. railroads warn Trump against derailing NAFTA

LOMBARD, Ill. Major U.S. railroads on Wednesday warned President Donald Trump of the potential financial and political consequences of scrapping the North American Free Trade Agreement and urged U.S., Mexican, and Canadian officials to find ways to modernize the accord.