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Stock Market & Financial Investment News

News Breaks
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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November 26, 2014
14:05 EDTNSCRailroads prepare to avoid Chicago gridlock, Bloomberg says
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November 19, 2014
11:14 EDTNSCCowen airfreight/surface & rail analysts hold analyst/industry conference call
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November 17, 2014
16:38 EDTNSCAmtrak files complaint against CSX, Norfolk Southern, RailwayAge says
According to RailwayAge, Amtrak has filed a complaint with the U.S. Surface Transportation Board against Norfolk Southern (NSC) and CSX (CSX). Amtrak filed the complaint over substandard on-time performance of the Washington D.C.-Chicago Capitol Limited, which operates over right-of-way owned by Norfolk Southern and CSX, added RailwayAge. Reference Link
16:11 EDTNSCNorfolk Southern, Canadian Pacific subsidiary propose rail line transaction
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