Norfolk Southern Corp (NSC) is a popular investment with institutional investors who own a significant percentage. Recent changes in the company's
management team have seen CEO Alan Shaw step down following allegations of misconduct, with Mark R. George appointed as the new President and CEO after a unanimous vote by independent directors. The company has been consistently strengthening its
leadership team, making appointments aimed at driving operational excellence. NSC's performance in Q1 and Q2 2024 was more or less in align with market expectations. The company reaffirmed its full-year adjusted operating
ratio guidance. NSC also made strategic investments in Alabama and announced quarterly dividends. American Century Companies and LPL Financial have recently purchased sizable shares in the company. Despite several changes and controversies, Norfolk Southern stays committed to delivering sustainable shareholder value. To back this, they rolled out
new initiatives along with agreements with multiple
labor unions and customers' investments of $3.1B in 2023.
Norfolk Southern Corp NSC News Analytics from Tue, 09 Jan 2024 08:00:00 GMT to Sun, 15 Sep 2024 12:50:20 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor 2
