Hints and tips:
...And the AFL-CIO sided with management at Norfolk Southern railway to fend off Ancora, an activist investor seeking board seats....
...Mallory vs Norfolk Southern Railway Where a company gets sued may seem like a technicality, but to businesses it is of vital importance....
...Tankers in a 149-car Norfolk Southern train carrying vinyl chloride caught fire and derailed after an overheating wheel bearing went undetected until too late....
...Supreme Court: The US’s highest court will hear oral arguments in Mallory vs Norfolk Southern Railway, a case that could shift how companies are sued in the US....
...It also has extensive operations in Mexico and owns a 50 per cent stake in the Panama Canal Railway Company....
...Supreme Court The US’s highest court will hear oral arguments in Mallory vs Norfolk Southern Railway, a case that could drastically shift how companies are sued in the US....
...Others reporting in the morning include CME Group, Norfolk Southern, Hess, Spotify, Bunge, Penske and Harley-Davidson....
...It’s one that is called Mallory versus Norfolk Southern Railway. And the whole sort of case is about an employee that is suing the company for alleged negligent behaviour....
...Norfolk Southern is struggling to fill gaps in its workforce as pandemic-related labour shortages persist....
...Norfolk Southern’s revenue and income rose strongly in the second quarter thanks as the US rail operator was boosted by the easing of Covid-19 restrictions....
...Union Pacific and Norfolk Southern both say they move a ton of freight 444 miles on a single gallon of diesel. The industry continues to invest to improve its sustainability....
...The last big deal occurred in 1999, when CSX and Norfolk Southern took over and divided Conrail between themselves....
...He has waged battles against companies including Wendy’s, McDonald’s, Fortune Brands, Canadian Pacific Railway and JCPenney....
...Both Canadian firms operate in the central and eastern US, along with rivals CSX and Norfolk Southern....
...Whoever wins the Canadian battle over Kansas City Southern, the smallest of the seven Class 1 railways that haul US freight, will pull off the first major rail deal since 1999, when CSX and Norfolk Southern...
...The race to buy the smallest of seven Class 1 railway groups that service the North American freight market is the boldest attempt to consolidate the industry since CSX and Norfolk Southern acquired Conrail...
...Michael Kugelman, deputy director of the Asia programme at the Wilson Center in Washington, is in no doubt that Beijing’s security concerns have affected investment....
...It is a change of direction for Canadian Pacific, rebuffed in two public courtships of rivals, first of CSX and then of Norfolk Southern. Both concentrated on the US north-east....
...Canadian Pacific Railway’s proposed takeover of the Kansas City Southern railroad is a $29bn bet on smooth commerce between Canada, the US and Mexico after the three countries replaced their contentious...
...Chinese companies are building a railway from Serbia’s capital to Budapest and implementing other infrastructure and security projects, leading the US-based Center for Strategic and International Studies...
...Mike Lewis, head of US equities cash trading at Barclays, said that while he expected the drop in the stock market to be shortlived, investors were no longer baking in a powerful V-shaped recovery....
...Under Ackman’s new regime, the Canadian operator unsuccessfully approached US rival CSX, and then Norfolk Southern, about potential mergers in 2014 and 2016....
...; Aveva; IWG; PZ Cussons Wednesday ADP; Apple; Boeing; Boston Scientific; Equinix; Facebook; GlaxoSmithKline; Humana; Moody’s; Norfolk Southern; Qualcomm; Sanofi; ServiceNow; Deutsche Bank; eBay; Ford...
...A V-shaped recovery is on track Mike Wilson, Morgan Stanley’s chief investment officer While 2020 has been an unusual year to say the least, I would argue that financial market behaviour has been quite...
...The Norfolk Southern Railway, which reports results this week, has outlined plans to eliminate more than 500 positions this year....
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