Search results
Results From The WOW.Com Content Network
Norfolk Southern is the namesake and leading subsidiary of the Norfolk Southern Corporation, based in Atlanta, Georgia; [10] it was headquartered in Norfolk, Virginia, until 2021. [11] Norfolk Southern Corporation was incorporated in Virginia on July 23, 1980, and is publicly traded on the New York Stock Exchange (NYSE) under the symbol NSC. [12]
Norfolk Southern's (NSC) cost-reduction efforts to drive the bottom line are impressive. The company's shareholder-friendly measures also raise optimism about the stock. Norfolk Southern (NSC ...
For premium support please call: 800-290-4726 more ways to reach us
The stock of Norfolk Southern (NYSE:NSC, 30-year Financials) gives every indication of being significantly overvalued, according to GuruFocus Value calculation.
The company went through major leadership changes in 2017 when activist investor Mantle Ridge, a hedge fund that held 4.9% of CSX's stock, demanded a change in the board, that Michael Ward step down as CEO, that the company cut middle management, and that the company hire Hunter Harrison, known for leading the turnaround three other railroads ...
For premium support please call: 800-290-4726 more ways to reach us
Initially only a holding company, the subsidiaries that made up CSX Corporation completed merging in 1987. CSX Transportation formally came into existence in 1986, as the successor of Seaboard System Railroad. In 1999, CSX Transportation acquired about half of Conrail in a joint purchase with competitor Norfolk Southern Railway.
For premium support please call: 800-290-4726 more ways to reach us