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Trinity Industries lawsuit to be tried in Norfolk

2015-10-13 20:50:08| Railroads - Topix.net

A court in Texas, where the case originally started, denied the company's motion to transfer the case to a different court in Northern Texas. Instead it landed here in Hampton Roads because of a car accident in Cape Charles involving the E-T-Plus Guardrail.

Tags: tried industries norfolk lawsuit

 

With decline in coal traffic, Norfolk Southern lays off 39 workers

2015-10-10 13:49:03| Railroads - Topix.net

Norfolk Southern Corp. announced Friday that it was laying off 39 employees at its Lamberts Point coal-loading facility, effective at the close of business. The action is a "result of a decline in shipments of export coal through the terminal," Susan Terpay, a spokeswoman, said in an email.

Tags: traffic southern workers decline

 
 

Vetr Inc. Lowers Norfolk Southern Corp. to Buy

2015-10-06 21:40:16| Railroads - Topix.net

They currently have a $87.00 price objective on the railroad operator's stock. Vetr 's price target indicates a potential upside of 8.78% from the stock's previous close.

Tags: buy southern corp norfolk

 

It's Not Time To Buy Railroads: Union Pacific, Norfolk Southern Cut At Barclays

2015-10-05 14:58:38| Railroads - Topix.net

Union Pacific Corporation shares are down 24 percent year-to-date, while shares of Norfolk Southern Corp. have plunged 29 percent over the same period. Barclays' Brandon R. Oglenski downgraded the ratings for the companies, citing high inventory levels, contracting energy capex and a strong US dollar.

Tags: time buy cut union

 

Norfolk Southern Corp. Given "Hold" Rating at Citigroup Inc.

2015-10-03 14:47:03| Railroads - Topix.net

's stock had its "hold" rating reaffirmed by analysts at Citigroup Inc. in a note issued to investors on Friday, Market Beat Ratings reports. Norfolk Southern Corp. traded up 2.17% during midday trading on Friday, hitting $79.01.

Tags: inc rating hold southern

 

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