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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 10/17/2024 | $36.00 → $35.00 | Hold | TD Cowen | |
| 10/9/2024 | $264.00 | Neutral | Citigroup | |
| 10/9/2024 | $294.00 | Buy | Citigroup | |
| 10/9/2024 | $42.00 | Buy | Citigroup | |
| 9/25/2024 | $254.00 → $247.00 | Outperform → In-line | Evercore ISI | |
| 7/26/2024 | $251.00 → $253.00 | Hold | TD Cowen | |
| 7/8/2024 | $175.00 | Underweight | Morgan Stanley | |
| 7/8/2024 | Buy → Neutral | BofA Securities |
4 - NORFOLK SOUTHERN CORP (0000702165) (Issuer)
4 - NORFOLK SOUTHERN CORP (0000702165) (Issuer)
4 - NORFOLK SOUTHERN CORP (0000702165) (Issuer)
ATLANTA, Nov. 14, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) ("Norfolk Southern" or the "Company") today announced that it has entered into a cooperation agreement with Ancora Holdings Group, LLC (together with certain of its affiliates, "Ancora") after constructive engagement. Under the terms of the agreement, Norfolk Southern and Ancora will work together to identify an independent director to join the Company's Board of Directors (the "Board"). The addition of the new director, who is expected to enhance the Board's gender diversity and executive leadership experience, will expand Norfolk Southern's Board to 14 members, including 13 independent members.
JACKSONVILLE, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ:CSX) today announced that Executive Vice President and Chief Legal Officer Nathan Goldman will retire from the company on January 1, 2025. Michael Burns is promoted to Senior Vice President and Chief Legal Officer effective January 2, 2025. Nathan Goldman retires from CSX after a distinguished 21-year tenure with the company. Goldman's leadership was pivotal in steering the transformation of the business and the transition of three CEOs in eight years, serving all three leaders and the Board of Directors with confidence. "Nathan's contributions to CSX have been highly valued, and his expertise and dedication have been inst
ATLANTA, Nov. 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) today announced the appointment of Joseph H. Carpenter IV as Vice President Law. Carpenter brings more than 22 years of experience in the rail industry, with expertise in managing complex litigation and driving strategic legal initiatives. Reporting to Senior Vice President and Chief Legal Officer Jason Morris, Carpenter will lead the company's law department, guiding legal efforts, advancing regulatory initiatives, and supporting Norfolk Southern's long-term strategy. "Joe Carpenter is a trusted lea
SC 13G/A - NORFOLK SOUTHERN CORP (0000702165) (Subject)
SC 13G/A - NORFOLK SOUTHERN CORP (0000702165) (Subject)
SC 13G/A - CSX CORP (0000277948) (Subject)
Third quarter earnings per diluted share of $2.75, up 10% Third quarter operating income up 11% Third quarter net income up 9% Union Pacific Corporation (NYSE:UNP) today reported 2024 third quarter net income of $1.7 billion, or $2.75 per diluted share. This compares to 2023 third quarter net income of $1.5 billion, or $2.51 per diluted share. "Our third quarter results demonstrate the success of our strategy," said Union Pacific Chief Executive Officer Jim Vena. "Improved safety and service performance supported solid revenue growth that we converted into double-digit improvement in third quarter operating income and earnings per share. The entire Union Pacific team is focused on d
ATLANTA, Oct. 18, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) announced today a quarterly dividend of $1.35 per share on its common stock. The dividend is payable Nov. 20, 2024, to shareholders of record on Nov. 1, 2024. The company has paid a dividend on its common stock for 169 consecutive quarters since its formation in 1982. About Norfolk SouthernSince 1827, Norfolk Southern Corporation (NYSE:NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven
Union Pacific Corporation (NYSE:UNP) will release third quarter 2024 financial and operating results on Thursday, Oct. 24, 2024, at 7:45 a.m. ET. The company's management team will host a conference call and live webcast at 8:45 a.m. ET. Parties interested in participating via teleconference may dial 877-407-8293. International callers may dial 201-689-8349. A live webcast of the presentation and materials will be available in the investor relations section of Union Pacific's website at https://investor.unionpacific.com/. A replay of the audio webcast will be available shortly thereafter. ABOUT UNION PACIFIC Union Pacific (NYSE:UNP) delivers the goods families and businesses use every da
4 - CSX CORP (0000277948) (Issuer)
4 - UNION PACIFIC CORP (0000100885) (Issuer)
4 - UNION PACIFIC CORP (0000100885) (Issuer)
ATLANTA, Nov. 18, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) Executive Vice President and Chief Marketing Officer Ed Elkins and Executive Vice President and Chief Financial Officer Jason Zampi will participate in a fireside chat at the Stephens Annual Investment Conference. Details on joining to listen to the discussion follow below. What: Stephens Annual Investment ConferenceWhen: Wednesday, Nov. 20, 2024 at 11 a.m. CTWhere: Via Webcast The presentation will be posted at norfolksouthern.com on the Investors page. About Norfolk SouthernSince 1827, Norfolk So
ATLANTA, Nov. 14, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) ("Norfolk Southern" or the "Company") today announced that it has entered into a cooperation agreement with Ancora Holdings Group, LLC (together with certain of its affiliates, "Ancora") after constructive engagement. Under the terms of the agreement, Norfolk Southern and Ancora will work together to identify an independent director to join the Company's Board of Directors (the "Board"). The addition of the new director, who is expected to enhance the Board's gender diversity and executive leadership experience, will expand Norfolk Southern's Board to 14 members, including 13 independent members.
Award recognizes railroad customers and suppliers for innovative sustainability initiatives Union Pacific Railroad proudly recognized 16 customers and suppliers with the railroad's 2024 Sustainability Partner Award. This is the second year Union Pacific awarded innovative partners who demonstrated leadership and progress toward achieving their sustainability goals. "Creating a more sustainable future is not a solo mission," said Union Pacific President Beth Whited. "While rail is already the most environmentally responsible way to move goods across land, we're fortunate to work with many customers and suppliers who share our commitment to being a leader in sustainability and having a po
8-K - NORFOLK SOUTHERN CORP (0000702165) (Filer)
8-K - CSX CORP (0000277948) (Filer)
10-Q - UNION PACIFIC CORP (0000100885) (Filer)
TD Cowen reiterated coverage of CSX with a rating of Hold and set a new price target of $35.00 from $36.00 previously
Citigroup initiated coverage of Union Pacific with a rating of Neutral and set a new price target of $264.00
Citigroup initiated coverage of Norfolk Southern with a rating of Buy and set a new price target of $294.00
Union Pacific (NYSE:UNP) reported quarterly earnings of $2.74 per share which beat the analyst consensus estimate of $2.72 by 0.74 percent. The company reported quarterly sales of $6.01 billion which missed the analyst consensus estimate of $6.06 billion by 0.89 percent. This is a 0.79 percent increase over sales of $5.96 billion the same period last year.
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
Union Pacific's (NYSE:UNP) short percent of float has fallen 5.68% since its last report. The company recently reported that it has 5.04 million shares sold short, which is 0.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.92 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest