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Canadian Pacific Sends Another Takeover Bid To Norfolk Southern: What It Says
Tuesday, December 8, 2015 - 10:42am | 551Shares of Norfolk Southern Corp. (NYSE: NSC) fell nearly 3 percent early Tuesday morning after the company confirmed it has received a revised and reduced takeover proposal from Canadian Pacific Railway Limited (USA) (NYSE: CP). Norfolk noted that CP's revised offer consists of a consideration of...
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Barron's Recap: Cat Fight Among The Telecoms
Sunday, November 9, 2014 - 8:47pm | 918This weekend in Barron's online: the cat fight among the big telecoms, the Barron's health and wealth roundtable, as well as the prospects for J.C. Penney, Norfolk Southern, Leucadia National, OM Group and more. Cover Story "Telecom's Cat Fight" by Tiernan Ray. While T-...
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Top Trending Tickers On StockTwits For January 22
Wednesday, January 22, 2014 - 11:57am | 878Here's a look at the top tickers trending on StockTwits.com: Coach: Iconic brand losing market share This morning Coach (NYSE: COH) released its second quarter results. The company reported an EPS of $1.06, missing the consensus estimate of $.11. Revenue declined 5.3 percent year over year at...
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Aetna and Other Stocks to Ride Out a Correction
Monday, May 6, 2013 - 12:46pm | 898With the markets running at record highs, analysts on the institutional portfolio strategy team at Oppenheimer are on the lookout for stocks that are likely hold their ground even if the markets should see a correction. Stocks that have made the list include Aetna (NYSE: AET), Lam Research (NASDAQ...
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Short Interest in Railroad Stocks on the Rise (CNI, CP, KSU)
Saturday, December 29, 2012 - 3:39pm | 771By and large, the short interest in railroad stocks rose during the first two weeks of December. The number of shares sold short in Canadian National Railway (NYSE: CNI), Canadian Pacific Railway (NYSE: CP), CSX (NYSE: CSX), Kansas City Southern (NYSE: KSU) and Norfolk Southern (NYSE: NSC)...
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Earnings Expectations for the Week of October 22
Monday, October 22, 2012 - 8:15am | 1199There are lots more on the earnings calendar this week, including results from Apple (NASDAQ: AAPL) for the three months that included the release of the iPhone 5. Monday Results from Caterpillar (NYSE: CAT) and Yahoo! (NASDAQ: YHOO) will be the highlights on Monday, and analysts expect to see...
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Norfolk Southern Earnings Warning Weighs on Rail Stocks
Thursday, September 20, 2012 - 1:51pm | 529Wednesday's earnings warning from rail transport company Norfolk Southern (NYSE: NSC) not only has its stock lower on Thursday, but it appears to have dragged down others in the industry as well. Of course, U.S. markets are lower in general Thursday as well. The Norfolk, Virginia-based rail...
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Earnings Expectations for the Week of July 23
Monday, July 23, 2012 - 7:07am | 1226The earnings crunch rolls on. Analysts are looking for strong earnings growth in this week's quarterly reports from Apple, Caterpillar, Starbucks and Visa. But ConocoPhillips, Ford and Netflix are among those expected to post significantly lower per-share earnings, compared to the same period of a...
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Earnings Expectations for the Week of April 23 (AAPL, XOM, UPS)
Sunday, April 22, 2012 - 11:23am | 1026Apple (NASDAQ: AAPL) seems to be in a sphere all by itself these days, and its fiscal second-quarter results no doubt will be the highlight of the earnings reports due this week. However, others also on tap this week to share their results for the most recent quarter include Amazon.com (NASDAQ:...
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Earnings Expectations for the Week of October 24
Sunday, October 23, 2011 - 1:40pm | 1417The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar (NYSE: CAT), Exxon Mobil (NYSE: XOM), Procter & Gamble (NYSE: PG) and United Parcel Service (NYSE: UPS), from which analysts expect to see year-over-year earnings growth, as well as...
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Dahlman Rose Comments on Norfolk Southern Corp
Wednesday, July 27, 2011 - 9:16am | 103Dahlman Rose has published a report on Norfolk Southern Corporation. In the report, Dahlman Rose wrote, "Norfolk Southern reported 2Q11 EPS of $1.56. However, this result included $63 MM in one-time tax benefits, without which EPS from continuing operations came in at $1.38, well above our and...
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Dahlman Rose Rates Norfolk Southern a Top Rail Pick and Raises PT from $84 to $89
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Goldman Sachs Lowers PT on Norfolk Southern to $71
Tuesday, July 12, 2011 - 7:46am | 154Goldman Sachs is out with its report today on Norfolk Southern (NYSE: NSC), lowering its PT from $72 to $71. In a note to clients, Goldman Sachs writes, "We are more bearish on NSC relative to other railroads, given that we expect cost issues to persist as hiring and asset purchases ramp up....
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Bank of America Merrill Lynch Maintains Buy on Norfolk Southern
Thursday, June 9, 2011 - 7:25am | 117Bank of America Merrill Lynch is out with its report today on Norfolk Southern (NYSE: NSC), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "NS is posting solid double-digit vol growth, which along with its inflation-plus pure pricing and beneficial product mix, is...