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Norfolk Southern profit down 14 pct on weak coal

2013-01-23 07:41:02| Railroads - Topix.net

Weak coal demand is still weighing on Norfolk Southern Corp's profits, and executives at the railroad said Tuesday it's extremely difficult to predict when coal shipments will increase.

Tags: southern profit weak norfolk

 

CSX railroad 4Q profit down 3 per cent as coal demand remains weak but other sectors improved

2013-01-23 03:31:28| Railroads - Topix.net

Railroad operator CSX Corp. said continued weak coal demand contributed to a 3 per cent decline in fourth-quarter net income.

Tags: other remains improved demand

 
 

Expanding Coal Exports Test Obamas Inaugural Climate Pledges

2013-01-22 23:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: Following surprisingly forceful statements on the threat of global climate change by President Barack Obama during his second inaugural address on Monday, campaigners here are expressing cautious optimism that a second Obama administration will be able to see through some of the substantive actions on carbon reduction that largely eluded the president's first term. "We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations,"...

Tags: test climate expanding coal

 

In Kentucky's coal country, a resentment for Obama

2013-01-22 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: If the voters in Louisa, Ky., had their wish, Mitt Romney would have taken the oath of office Monday. Louisa is in eastern Kentucky, and "coal" was the one-word issue in the election. President Obama is seen as an enemy of coal mining and he got only 27 percent of the vote in the county. And now comes word that Louisa is going to lose its biggest industry - a power generating plant that's been burning coal since 1962. Stand outside the courthouse in Louisa, a small town of 2,000 people, and...

Tags: country coal obama resentment

 

2 Little Engines That Think They Can - And Ol' King Coal May Help

2013-01-14 20:45:28| Railroads - Topix.net

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Tags: may help king ol

 

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