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Norfolk Southern Corp

Norfolk Southern agrees to $310 million settlement over derailment

by Merchant Moller
Norfolk Southern agrees to 0 million settlement over derailment

Officials continue to conduct operation and inspect the area after the train derailment in East Palestine, Ohio, United States on February 17, 2023.  EPA | Anadolu | Getty Images Norfolk …

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ISS endorses most of Ancora nominees for Norfolk Southern board

by Sipho Sepamla
ISS endorses most of Ancora nominees for Norfolk Southern board

Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC Influential proxy advisory firm ISS recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora’s seven board nominees, withholding …

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Glass Lewis endorses 6 Ancora nominees

by Merchant Moller
Glass Lewis endorses 6 Ancora nominees

A Norfolk Southern train is en route on Feb. 14, 2023 in East Palestine, Ohio. Earlier in the month a derailment sent millions of pounds of toxic chemicals into the …

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Activist Ancora endorsed by second Norfolk Southern union

by Merchant Moller
Activist Ancora endorsed by second Norfolk Southern union

Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC A second Norfolk Southern union said Friday it would back activist Ancora’s efforts to elect seven directors and oust CEO Alan …

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Imports from China to US are rising at fastest rate since last fall

by Merchant Moller
Imports from China to US are rising at fastest rate since last fall

A batch of cars are ready to be shipped to overseas markets at the port of Taicang, Jiangsu province, China, April 9, 2024.  Future Publishing | Future Publishing | Getty …

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NSC COO John Orr has history of abusive behavior, activist Ancora says

by Sipho Sepamla
NSC COO John Orr has history of abusive behavior, activist Ancora says

A general view of the exterior of the headquarters of Norfolk Southern on April 1, 2023 in Atlanta, Georgia.  Icon Sportswire | Getty Images Norfolk Southern is almost two months …

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New freight crew rule tests rail industry’s clout, one year after East Palestine disaster

by Valentin Shriner
New freight crew rule tests rail industry’s clout, one year after East Palestine disaster

A Union Pacific freight train is seen traveling on April 21, 2023 in Round Rock, Texas. Brandon Bell | Getty Images One year after the East Palestine, Ohio train derailment …

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Why you should check the share count before buying a stock

by Merchant Moller
Why you should check the share count before buying a stock

More than half of the stocks in the S & P 500 hit new 52-week highs in the first quarter, leaving us to puzzle over how this all happened. We …

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Norfolk Southern CEO sharply criticizes investor amid proxy fight

by Merchant Moller
Activist Ancora endorsed by second Norfolk Southern union

Norfolk Southern CEO Alan Shaw sharply criticized Ancora Holdings, the activist investor currently engaged in a proxy fight with the railroad company’s board, during an interview with CNBC’s Jim Cramer …

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Norfolk Southern freight train cars derail in Pennsylvania

by Merchant Moller
Norfolk Southern freight train cars derail in Pennsylvania

Norfolk Southern Corporation President and CEO, Alan Shaw, reacts as he testifies before a US Senate Committee on Environment and Public Works hearing on the environmental and public health threats …

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