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Here we pick two railroad stocks, Union Pacific (UNP) and Norfolk Southern (NSC), which have a solid five-year dividend growth history.
The latest deal between Union Pacific (UNP) and the Brotherhood of Locomotive Engineers and Trainmen marks the former's favorable terms with unions.
The deal between Norfolk Southern (NSC) and the International Association of Sheet Metal, Air, Rail and Transportation Workers Transportation Division marks the former's favorable terms with unions.
Norfolk Southern Corp has asked a U.S. judge to toss a proposed class action lawsuit it is facing over a February train derailment that led to a toxic chemical spill in East Palestine, Ohio, arguing the claims are “threadbare” and barred by federal law. The railroad company told a federal court in Youngstown, Ohio that the consolidated complaint filed last month on behalf of roughly 500,000 area residents, businesses and property owners relies on “vague and conclusory allegations” that it acted improperly, leading to the crash. The company said it is required as a common carrier under U.S. law to transport hazardous materials like those that spilled and caught fire, including vinyl chloride.
Canadian National Railway, Union Pacific, Norfolk Southern and CSX are included in this Analyst Blog.
The country's major railroads need to put more priority on safety, says US Transportation Secretary Pete Buttigieg.
Here we pick four railroad stocks, Union Pacific (UNP), Canadian National (CNI), Norfolk Southern (NSC) and CSX Corporation (CSX), which have recently entered into collective deals with the unions.
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...
Norfolk Southern (NSC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The latest deal between Union Pacific (UNP) and the Brotherhood of Locomotive Engineers and Trainmen marks its favorable terms with unions.
Solid railway operating revenues and pro-investor steps boost Norfolk Southern (NSC).
The U.S. National Transportation Safety Board (NTSB) will hold a two-day investigative hearing June 22-23 on the Feb. 3 Norfolk Southern derailment in East Palestine, Ohio, board chair Jennifer Homendy said on Tuesday. Earlier this month, a U.S. Senate panel approved rail safety legislation that tightens rules on trains carrying explosive substances like the Norfolk Southern-operated train that derailed in Ohio in which cars carrying toxic vinyl chloride and other hazardous chemicals spilled and caught fire. Homendy said the investigative hearing that will be held at the high school in East Palestine will have four panels and she hopes the NTSB can issue a final report on the derailment by early 2024 but it could be later.
High operating expenses are likely to have hurt Golar LNG's (GLNG) Q1 2023 performance.
The latest deal between CSX and Sheet Metal, Air, Rail and Transportation Workers-Transportation Division CSRA marks CSX's favorable terms with unions.
Here is your Pro Recap of the biggest analyst picks you may have missed today: upgrades at Norfolk Southern, DraftKings, Union Pacific, and AnaptysBio. Norfolk Southern (NYSE:NSC) shares rose more than 2% pre-market today after two Wall Street firms upgraded the company, as InvestingPro reported in real time. Wells Fargo upgraded the company to Overweight from Equal Weight and raised its price target to $250.00 from $225.00.
The latest deal between Norfolk Southern (NSC) and BLET marks the former's favorable terms with unions.
High costs are likely to have hurt Diana Shipping's (DSX) Q1 performance.
Pete Buttigieg's time as Transportation Secretary has been anything but under the radar.
nion Pacific, CSX and Norfolk Southern are part of the Zacks Industry Outlook article.
Slowdown in freight demand is likely to have hurt ZIM Integrated Shipping's (ZIM) first-quarter performance.
Norfolk Southern Corp was sued on Tuesday by bondholders who said they lost hundreds of millions of dollars because the railroad concealed safety risks prior to the February derailment in Ohio of a train carrying hazardous chemicals. The proposed class action filed in Manhattan federal court covers investors who own $4.75 billion of Norfolk Southern senior notes and bonds from eight offerings between Aug. 2020 and Jan. 2023. Bondholders said Norfolk Southern is strictly liable for having in offering prospectuses touted its focus on safety and downplayed the risks of "Precision Scheduled Railroading," which employs longer and heavier trains that require fewer workers.
The Zacks Industry Rank for the Transportation-Rail industry paints a murky picture. Braving the industry headwinds are three stocks, UNP, CSX and NSC, which investors might consider keeping on their radar.
Norfolk Southern looks to rebound from several high-profile train derailments.
High fuel costs are likely to have dented FLEX LNG's (FLNG) first-quarter 2023 performance.
Today we're going to take a look at the well-established Norfolk Southern Corporation ( NYSE:NSC ). The company's stock...