BNET Industries
Norfolk Southern Corp. (NSC) is in the Transportation Industry
- Revenue
- Dec 31 2007
- $9.4B
- Profit
- Dec 31 2007
- $1.4B
- Market Cap
- Dec 02 2008
- $17.6B
Latest News and Analysis
Buffett's Call on Railroads Right on Track
Mike Havrilla submits: Railroad companies represent a compelling investment despite the run-up in the stock prices of major U.S. players in the industry, such as Warren Buffett favorite Burlington Northern Santa Fe BNI, of which Berkshire Hathaway (BRK.A) owns nearly 64 million shares for an 18% stake. Railroad companies have...
Pullback in Railroads Offers Short-Term Opportunity
Mark Thomas submits: Since 2004, railroads as a sector have dramatically outperformed the S&P 500 and other transportation stocks. Also, the sector regularly has 6-12% pullbacks based on the latest worry about economic growth, housing, financial crisis and last week slower exports due to a slowing global economy. There was also...
Transportation Stocks Deserve a Better Look
Investment U submits: Legend has it that Cornelius Vanderbilt began the family fortune with a $100 loan from his mother. He used the money to launch a ferry service across New York Harbor, which eventually turned into a fleet of more than 100 steamboats that traveled as far as...
Railway Stocks Haul Transportation ETF to Solid Returns
Don Dion submits: iShares Dow Jones Transport ETF IYT was up 14.5% year to date on Aug. 15—more than the fund returned during each of the last three calendar years, and among the top 25 of all 800-plus ETFs tracked by Morningstar. IYT invests in just 21...
Following Buffett's Railroad Tracks
Investment U submits: Warren Buffett is arguably the greatest value investor the world has ever seen. His investment holding company, Berkshire Hathaway (BRK.A), has averaged a compounded return of 21% a year since 1965. That turned every dollar into $400,863. By contrast, the same investment in the S&P 500...
A Leveraged Investment Vehicle for the Global Rail Industry
Mike Havrilla submits: click to enlarge image by Mike Havrilla
Additional Resources
Zacks Bull and Bear of the Day Highlights: CEMIG, Dell, Zumiez, Norfolk Southern and Brightpoint
CHICAGO -- Zacks Equity Research highlights CEMIG (NYSE: CIG) as the Bull of the Day and Dell, Inc. (Nasdaq: DELL) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Zumiez, Inc. (Nasdaq: ZUMZ), Norfolk Southern Corporation (NYSE: NSC) and Brightpoint, Inc. (Nasdaq: CELL). ...
Norfolk Southern Harnesses Sustainable Wind Energy
NORTH KANSAS CITY, Mo., Nov. 24 /PRNewswire-FirstCall/ -- On November 13 Norfolk Southern completed the installation of a 50 kilowatt wind turbine at its rail yard in North Kansas City to power the yard's wastewater treatment plant. The wind turbine consists of three 24-foot rotor blades mounted on...
Fitch Affirms Norfolk Southern IDR at 'BBB+'; Outlook Stable
CHICAGO -- Fitch Ratings has affirmed its ratings on Norfolk Southern Corporation (NYSE: NSC) as follows: --Long-term Issuer Default Rating IDR at 'BBB+'; --Senior unsecured rating at 'BBB+'; --Unsecured credit facility rating at 'BBB+'; --Short-term IDR at 'F2'; --Short-term rating...
Norfolk Southern Named One of Top 50 Military-Friendly Employers
NORFOLK, Va., Nov. 14 /PRNewswire-FirstCall/ -- Norfolk Southern Corporation has been named one of the nation's best employers for people with military experience. G.I. Jobs magazine ranked Norfolk Southern among the top 50 military-friendly companies for 2008. The annual list recognizes companies that have made the...
Norfolk Southern Chief Financial Officer Squires to Address Citi Investment Research Transportation Conference
NORFOLK, Va., Nov. 7 /PRNewswire-FirstCall/ -- James A. Squires, executive vice president finance and chief financial officer for Norfolk Southern Corporation , will address the Citi Investment Research 23rd Annual Transportation Conference at 11:45 a.m. EST on Tuesday, Nov. 18, in New York City. The presentation will...
Norfolk Southern Chief Financial Officer Squires to Address Goldman Sachs Global Industrials Conference
NORFOLK, Va., Oct. 29 /PRNewswire-FirstCall/ -- James A. Squires, executive vice president finance and chief financial officer for Norfolk Southern Corporation , will address the Goldman Sachs Global Industrials Conference 2008 on Wednesday, Nov. 5, in New York City during a panel discussion from 1:30-2:40 p.m. Interested investors...
BullMarket.com Examines Railroad Stocks
PRINCETON, N.J., Oct. 28 /PRNewswire/ -- BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with investment coverage of several railroad stocks, including CSX Corp. , Burlington Northern Santa Fe , Union Pacific , and Norfolk Southern ,...
Beacon Equity Issues Technical Trade Alerts on Recent Analyst Upgrades: WFMI, BG, CAT, NSC, CRM, AMZN
DALLAS, Oct. 24 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting: http://www.beaconequity.com/m Today's Trade Alerts include: Whole Foods Market Inc. , Bunge Ltd. , Caterpillar Inc....
Norfolk Southern Moves Record Coal Tonnage in Third Quarter 2008
NORFOLK, Va., Oct. 23 /PRNewswire-FirstCall/ -- Norfolk Southern hauled 49.67 million tons of coal in the third quarter of 2008, an all-time quarterly high driven by strong export demand and more shipments of domestic metallurgical coal. Third-quarter 2008 coal tonnage increased 6 percent, up from 46.84 million...
Analyst Reports for Norfolk Southern Corporation, Heartland Express Inc., Kulicke and Soffa Industries Inc. and C.H. Robinson Worldwide Inc.
MaybachFinancial.com is one of the fastest growingindependent and unbiased research firms in the world. Through our numerouspartnerships with many of the top investment minds in the world, we provideresearch on companies making a move in the markets. Investors seekinggenuine analyst opinions on their investments for Norfolk SouthernCorporation (NYSE: NSC), Heartland...
Norfolk Southern Declares Quarterly Dividend
NORFOLK, Va., Oct. 21 /PRNewswire-FirstCall/ -- Norfolk Southern Corporation today announced the regular quarterly dividend of 32 cents per share on its common stock, payable on Dec. 10, to stockholders of record on Nov. 7. Since its inception in 1982, Norfolk Southern has paid dividends on...
Norfolk Southern Reports Record Third-Quarter 2008 Results
For third-quarter 2008 vs. third-quarter 2007: - Railway operating revenues increased 23 percent to a record $2.9 billion. - Income from operations increased 31 percent to a record $894 million. - Net income increased 35 percent to a record $520 million. - Diluted earnings per share rose 41...
Computerworld Announces Finalists and Winners for Its Inaugural Enterprise Intelligence Awards Program
Computerworld, the "Voice of IT Management,"announced the finalists and winners for its inaugural EnterpriseIntelligence Awards Program, sponsored by Teradata. The EnterpriseIntelligence Awards Program is focused on best practices in the use ofinformation technology solutions built on Teradata platforms. Threefinalists with one winner in each of the four categories were recognizedyesterday...
Railroad firms want price-fixing case thrown out
Union Pacific Corp., along with the three next largest U.S. railroad companies, has asked a judge to dismiss a lawsuit alleging they made billions of dollars in illegal profits by fixing prices on fuel surcharges. The eight plaintiffs include US Magnesium, a Salt Lake City- based producer...
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Norfolk Southern Corp. Company Info
Contact Information
Three Commercial Place
Norfolk, VA
757 629-2680
