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Railroad stocks down at close of November 8 trading

(Source: Associated Press, November 8, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on November 8, including Kansas City Southern, which fell 1.5 percent, and Norfolk Southern, which fell 1.4 percent. Full story: CBS...

Railroad stocks mixed at close of November 5 trading

(Source: Associated Press, November 5, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of November 5 trading, including Canadian National, which rose 0.5 percent, and Norfolk Southern, which fell 0.2 percent. Full story: CBS...

Railroad stocks down at close of October 31 trading

(Source: Associated Press, October 31, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on October 31, including CSX, which fell 0.4 percent, and Norfolk Southern, which fell 1.5 percent. Full story: CBS...

Norfolk Southern halts coal shipments at Virginia terminal

(Source: Bloomberg News, October 29, 2012) WASHINGTON, D.C. — Norfolk Southern Corp., the second- largest U.S. eastern railroad, stopped coal exports at its Lamberts Point Terminal in Norfolk, Va., on October 29 because of Hurricane Sandy. Full story: Bloomberg...

Bakken oil plunges as East Coast rail shipments slowed by Sandy

(Source: Bloomberg News, October 29, 2012) NEW YORK — Bakken oil’s discount to West Texas Intermediate plunged to its lowest level in almost four months before Hurricane Sandy’s landfall, as East Coast refineries that process the grade cut output and railways slowed...

Norfolk Southern reports third-quarter 2012 results

(Source: Norfolk Southern press release, October 23, 2012) NORFOLK, Va. — For the third quarter of 2012, Norfolk Southern reported net income of $402 million, or $1.24 per diluted share, 27 percent lower compared with $554 million, or $1.59 per diluted share, in the...

Railroad stocks mixed at close of October 24 trading

(Source: Associated Press, October 24, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 24, including Canadian Pacific, which rose 5.7 percent, and Norfolk Southern, which fell 7.5 percent. Full story: CBS...