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On the call: Norfolk Southern CEO Wick Moorman

(The following story by The Associated Press appeared on the Bloomberg Businesswekk website on July 29, 2010.) Railroad Norfolk Southern Corp. said Tuesday it expects shipping volume growth to remain on pace throughout the year. Shipments of vehicles and parts are up...

Norfolk Southern increases stock repurchase program

(Norfolk Southern circulated the following on July 27, 2010.) NORFOLK, Va. — Norfolk Southern Corporation today announced that its board of directors has authorized the repurchase of up to an additional 50 million shares of its common stock through Dec. 31, 2014. In...

NS CEO expects shipping growth in 2010 2nd half

(The Associated Press circulated the following on July 27, 2010.) NEW YORK — Railroad Norfolk Southern Corp. said Tuesday it expects shipping volume growth to remain on pace throughout the year. Shipments of vehicles and parts are up significantly from brutal levels a...

Norfolk Southern reports second-quarter 2010 results

(Norfolk Southern issued the following on July 27, 2010.) NORFOLK, Va. — Norfolk Southern Corporation today reported second-quarter 2010 net income of $392 million, an increase of 59 percent, compared with $247 million for second-quarter 2009. Diluted earnings per...