NSC Jun 2024 190.000 put
- Bloomberg
Norfolk Southern Defeats Activist Attempt to Sack Rail CEO
(Bloomberg) -- Norfolk Southern Corp. investors backed a majority of its board nominees, a win for Chief Executive Officer Alan Shaw in a bitter fight with an activist intent on throwing out the railroad’s leaders.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatShaw was among
- Zacks
Top Research Reports for Procter & Gamble, Verizon & Intuitive Surgical
Today's Research Daily features new research reports on 16 major stocks, including The Procter & Gamble Company (PG), Verizon Communications Inc. (VZ) and Intuitive Surgical, Inc. (ISRG).
- Reuters
UPDATE 1-Norfolk Southern investors elect three Ancora directors, CEO Shaw is re-elected
Activist investor Ancora Holdings won three board seats at Norfolk Southern but failed to oust the railway's chief executive, disappointing investors who pushed the stock price lower in early trading. The preliminary results were announced on Thursday after Ancora waged a proxy fight and pushed to get seven newcomers elected to the 13-member board. Ancora also urged investors to oust CEO Alan Shaw who was re-elected.
