Norfolk Southern

Yahoo Finance • 13 hours ago

Guru Fundamental Report for NSC

Below is Validea's guru fundamental report for NORFOLK SOUTHERN CORP (NSC). Of the 22 guru strategies we follow, NSC rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. This multi-factor m... Full story

Yahoo Finance • 4 days ago

Validea Detailed Fundamental Analysis - NSC

Below is Validea's guru fundamental report for NORFOLK SOUTHERN CORP (NSC). Of the 22 guru strategies we follow, NSC rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy look... Full story

Yahoo Finance • 4 days ago

BNSF Slams Union Pacific-Norfolk Southern Merger, Warns of Lost Competition and Higher Rates

BNSF Railway has publicly rebuked the proposed $85 billion merger between Union Pacific and Norfolk Southern, calling on customers to air any grievances they may have with the deal to the Surface Transportation Board (STB). On Sept. 26, t... Full story

Yahoo Finance • 9 days ago

Union Pacific CEO: Trump 'sees the value' of $85 billion Norfolk Southern deal

Union Pacific (UNP) CEO Jim Vena is all in to pitch the biggest deal of his career to investors — and to President Trump. "It's such a compelling story. It's good for America. It really is. We're one of the few industrial countries that d... Full story

Yahoo Finance • 9 days ago

Union Pacific CEO talks US innovation, Norfolk Southern deal

Union Pacific (UNP) CEO Jim Vena sits down with Yahoo Finance executive editor Brian Sozzi at the Ford Pro Accelerate forum to discuss the railroad operator's workforce, President Trump's vision for US manufacturing, and the company's $85... Full story

Yahoo Finance • 9 days ago

BNSF to shippers: Speak up about UP-NS merger

CSX, BNSF, and Pan Am Railways power lead a Pan Am Southern unit grain train en route to Ayer, Mass., on Pan Am’s freight main in former B&M territory, at Wendell, Mass., on Aug. 16, 2017. Scott A. Hartley BNSF Railway says Union Pacific’... Full story

Yahoo Finance • 10 days ago

CSX Replaces CEO Amid Merger Pressure from Activist Investor

CSX CEO and president Joseph Hinrichs is out at the Class I railroad weeks after an activist investor called on the company to either change leadership or consider a merger. The railroad’s board of directors named Steve Angel its new pres... Full story

Yahoo Finance • 10 days ago

Mega Wall Street dealmakers are having their best year ever

This is turning into the year of the mega deal for Wall Street bankers. Thus far companies have announced 49 global M&A transactions valued at more than $10 billion, according to Mergermarket, the highest such count for so-called "mega de... Full story

Yahoo Finance • 10 days ago

CSX names Steve Angel new CEO - update

[CSX Locomotive in Philadelphia] Kyle Ortiz/iStock Editorial via Getty Images UPDATED 14:00ET with statement from Ancora Holdings Group regarding the board's decision. CSX Corp (NASDAQ:CSX [https://seekingalpha.com/symbol/CSX]) has tappe... Full story

Yahoo Finance • 11 days ago

CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms

CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific railroad or... Full story

Yahoo Finance • 11 days ago

CSX appoints Steve Angel as CEO amid activist pressure

(Reuters) -CSX Corp on Monday has appointed Steve Angel as its top boss, replacing Joe Hinrichs, as the railroad operator fends off pressure from an activist investor while facing industry consolidation. Shares of the company rose about 3... Full story

Yahoo Finance • 13 days ago

NSC Quantitative Stock Analysis

Below is Validea's guru fundamental report for NORFOLK SOUTHERN CORP (NSC). Of the 22 guru strategies we follow, NSC rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. This multi-factor m... Full story

Yahoo Finance • 14 days ago

Goldman Sachs sees M&A growth driven by industry consolidation, its president says

By Saeed Azhar and Manya Saini NEW YORK (Reuters) -Goldman Sachs' outlook for mergers and acquisitions has become more optimistic, fueled by consolidation in various industry sectors and likely acceleration in private equity-backed deals,... Full story

Yahoo Finance • 14 days ago

CSX tie-up with BNSF puts the 'pieces in place' for outperformance to peers - Wells Fargo

[CSX 731 Locomotive (ES44AC-H) at Akron, Ohio] Laser1987/iStock Editorial via Getty Images CSX’s (NASDAQ:CSX [https://seekingalpha.com/symbol/CSX]) intermodal agreement with Burlington-Northern-Santa Fe (BNSF) is expected to drive demand... Full story

Yahoo Finance • 15 days ago

CSX Stock Has Had a Bumpy Ride. It’s Time to Buy, Says Wells Fargo.

Thursday, Wells Fargo analyst Christian Wetherbee upgraded shares of CSX to Buy from Hold. His price target went to $40 from $37. Continue Reading View Comments... Full story

Yahoo Finance • 15 days ago

Rail merger: Lifetime job is great “until you’re stuck in it”

Union Pacific this week traded job protections for the backing by its largest union of its proposed takeover of Norfolk Southern. Join the leaders shaping freight’s future at F3: Future of Freight Festival, Oct 21-22. Network with the i... Full story

Yahoo Finance • 18 days ago

Trump supports Union Pacific's takeover of Norfolk Southern - report

[Norfolk Southern locomotive cargo freight train with cars passing on railroad tracks in Georgia downtown midtown city in summer] ablokhin/iStock Editorial via Getty Images President Donald Trump made comments supporting Union Pacific's (... Full story

Yahoo Finance • 19 days ago

Industrial gainers and losers: Caterpillar climbs to top spot this week as Builders FirstSource continues in red

[stock market] hxdbzxy/iStock via Getty Images The Industrial Select Sector SPDR Fund ETF [https://seekingalpha.com/symbol/XLI] (NYSEARCA:XLI [https://seekingalpha.com/symbol/XLI]) closed 0.31% higher this week compared to a 0.25% rise... Full story

Yahoo Finance • 20 days ago

The Year’s Biggest Deal Could Yield a Record Payout for Bank of America

The bank stands to earn $130 million for work on the railroad megadeal between Union Pacific and Norfolk Southern. Continue Reading View Comments... Full story

Yahoo Finance • 20 days ago

Trump: Union Pacific, Norfolk Southern merger “sounds good to me”

President Donald Trump on Friday said he approved of the proposed $85 billion merger between Union Pacific and Norfolk Southern. In Oval Office remarks reported by White House media, Trump said the tie-up that would create the first trans... Full story