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Stock Market & Financial Investment News

News Breaks
February 25, 2013
10:01 EDTNSCNorfolk Southern to discontinue certain railcar sorting operations in Roanoke
Norfolk Southern announced that it will cease regional railcar classification operations at its Roanoke Terminal hump yard in Roanoke, Va., beginning today. This will mean the elimination of about 140 positions. The Terminal will continue to provide service to local customers, and to be a hub for through-train operations. The Roanoke hump operation has seen a steady decline in the volume of general merchandise cars handled by about 30% since 2006. At the same time, system-wide improvements in the railroad's operations have freed up network capacity such that classification operations now performed at Roanoke are no longer necessary. System-wide, Norfolk Southern anticipates hiring between 850 and 1,150 employees in 2013 to keep up with attrition. These positions will first be offered to employees affected by the Roanoke change and employees furloughed at other locations.
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July 23, 2014
15:39 EDTNSCNorfolk Southern says coal inventories still down vs. year ago levels
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15:37 EDTNSCNorfolk Southern sees economy growing at 'reasonable' pace into 2015
Norfolk Southern CEO speaking in CNBC interview.
08:04 EDTNSCNorfolk Southern reports Q2 EPS $1.79, consensus $1.74
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July 22, 2014
14:20 EDTNSCNorfolk Southern raises quarterly dividend 6% to 57c from 54c per share
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