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Stock Market & Financial Investment News

News Breaks
January 28, 2014
08:48 EDTKOP, NSCKoppers Holdings signs long-term sales contract with Norfolk Southern
Koppers Inc., a subsidiary of Koppers Holdings (KOP), and Norfolk Southern (NSC) have agreed to extend their two existing sales contracts to supply railroad crossties and related rail products and services for an additional three years. These long-term contract extensions, combined with the current contract to supply rail joint products, further strengthens the long-standing relationship between Koppers and Norfolk Southern.
News For KOP;NSC From The Last 14 Days
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June 30, 2015
08:09 EDTNSCRail estimates need to come down further, says Citi
Citi analyst Christian Wetherbee noted that consensus estimates in the rail sector for Q2 EPS have fallen an average of 8% since the firm moved below consensus last month, but believes the numbers have to come down further. Wetherbee cut his Q2 estimates by another 5%, lowered Q3 by 4% and cut his forecast for 2016 EPS by 3% and lowered price targets on stocks in the space by 6% on average. Wetherbee added that he believes Union Pacific (UNP) and Norfolk Southern (NSC) have the highest the pre-announcement risk in the group and lowered his targets on those stocks, as well as for Canadian National (CNI), Canadian Pacific (CP), CSX (CSC) and Kansas City Southern (KSU).
June 29, 2015
13:47 EDTNSCSupreme court ruling could shift thermal coal sentiment, says Morgan Stanley
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