Norfolk Southern Aktie News

INDEPENDENCE, Ohio--(BUSINESS WIRE)--The three Brotherhood of Locomotive Engineers and Trainmen (“BLET”) General Chairmen (Scott Bunten, Dewayne Dehart, and Jerry Sturdivant), who are affiliated with the International Brotherhood of Teamsters and represent members at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern”), issued the following statement: “Norfolk Southern CEO Alan Shaw is...

ESG-focused investors and unions should back Norfolk Southern activist Ancora and its CEO pick Jim Barber, ISS said on Thursday.

NOVI, Mich.--(BUSINESS WIRE)--The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (“BMWED Teamsters” or “BMWED-IBT”) today reiterated its support for Ancora Holdings Group, LLC's (“Ancora”) efforts to elect seven director candidates and install Jim Barber at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”). Tony Car...

Norfolk Southern Corp. touted the company's progress and took aim at activist investor Ancora Holdings Group in a letter sent to shareholders Wednesday.

Significant momentum underway in key operational metrics including train speed, terminal dwell, Intermodal on-time service and Merchandise velocity Strong management and board oversight in place to meet company objectives Norfolk Southern urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today ATLANTA , May 1, 2024 /PRNewswire/ -- Norf...

Norfolk Southern's Q1 results were lacklustre due to the impact one-off costs and a lack of top-line growth had on net income. Nevertheless, much of Norfolk's revenue weakness is tied to a soft macroeconomic environment rather than inherent business weaknesses at the railroad. Norfolk still faces risk from market cyclicality, operational safety issues, and competition from other railroads and t...

Influential proxy-advisory firm Institutional Shareholder Services has entered Norfolk Southern Corp.'s intensifying board battle with activist investor Ancora Holdings Group.

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended that Norfolk Southern shareholder...