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January 28, 2013
10:21 EDTNSCNorfolk Southern plans to spend $2B in 2013 for capital improvements
Norfolk Southern said it plans to spend $2B in 2013 for capital improvements to its rail transportation network. The largest expenditure will be $831M for roadway improvements. "Our capital plan will maintain the safety and quality of our existing franchise, improve service quality and performance, achieve operational efficiencies and productivity improvements, and support business growth," said Norfolk Southern CEO Wick Moorman. "We continue to invest in the infrastructure, equipment, and technology necessary to provide the best possible service to our customers."
News For NSC From The Last 14 Days
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May 6, 2015
06:04 EDTNSCNorfolk Southern criticizes DOT's crude-by-rail regulations, WSJ reports
Charles Moorman, the CEO of Norfolk Southern, says he believes the rail industry will challenge the Department of Transportation's new crude-by-rail regulations, arguing they could make shipping oil by rail "prohibitively expensive," The Wall Street Journal reports, citing comments made in an interview. Moorman commented, "At a certain point, the economics are such that you canít justify shipping the oil. The price to get it to the refinery is too high and the downside of that is that it will throttle the journey toward energy independence in this country." Reference Link
April 29, 2015
08:08 EDTNSCNorfolk Southern reports Q1 EPS $1.00, consensus $1.00
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April 28, 2015
15:07 EDTNSCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include MasterCard (MA), consensus 80c... Time Warner (TWX), consensus $1.09... Mondelez (MDLZ), consensus 38c... NextEra Energy (NEE), consensus $1.27... General Dynamics (GD), consensus $1.95... Lumber Liquidators (LL), consensus 16c... Southern Co (SO), consensus 58c... Anthem (ANTM), consensus $2.66... Praxair (PX), consensus $1.44... Norfolk Southern (NSC), consensus $1.00... Eaton (ETN), consensus 98c... Thomson Reuters (TRI), consensus 45c... Franklin Resources (BEN), consensus 86c... Northrop Grumman (NOC), consensus $2.27... Hilton Worldwide (HLT), consensus 12c... Exelon (EXC), consensus 69c... Humana (HUM), consensus $2.56... International Paper (IP), consensus 80c... Hess (HES), consensus ($1.05)... Level 3 Communications (LVLT), consensus 33c... Starwood Hotels & Resorts (HOT), consensus 57c... Ametek (AME), consensus 63c... Garmin (GRMN), consensus 57c... Quintiles Transnational (Q), consensus 71c... New York Community Bancorp (NYCB), consensus 26c... Spirit Aerosystems (SPR), consensus 92c... Spirit Airlines (SAVE), consensus 96c... Brunswick (BC), consensus 61c... KBR (KBR), consensus 17c... Linn Energy (LINE), consensus (20c)... Cullen/Frost Bankers (CFR), consensus $1.09... WEX (WEX), consensus 99c... RPC (RES), consensus 11c... Hercules Offshore (HERO), consensus (38c).
April 22, 2015
15:27 EDTNSCPower REIT says court dismisses P&WV's claims
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