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NS Vice President & COO Mark D. Manion sells 54,559 shares

(The following appeared at GuruFocus.com on May 4, 2010.) Executive Vice President & COO of Norfolk Southern Corp. (NSC) Mark D. Manion sells 54,559 shares of NSC on 04/30/2010 at an average price of $59.58 a share. Norfolk Southern Corp. has a market cap of...

Flooding disrupts Norfolk Southern traffic

(The following story by John D. Boyd appeared on The Journal of Commerce website on May 4, 2010.) WASHINGTON, D.C. — Norfolk Southern Railway is warning customers to expect significant flood delays for shipments that normally use a rail line running from Memphis,...

Norfolk Southern ‘convinced’ US recovery underway

(The Associated Press circulated the following story by Samantha Bomkamp on April 27, 2010.) NEW YORK — Norfolk Southern Corp. is convinced the U.S. economic recovery is well under way. It’s just not sure how fast it will happen. The railroad’s confidence...

Norfolk Southern declares quarterly dividend

(Norfolk Southern issued the following on April 27, 2010.) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) today announced the regular quarterly dividend of 34 cents per share on its common stock, payable on June 10, to stockholders of record on May 7. Since...

Norfolk Southern reports first-quarter 2010 results

(Norfolk Southern issued the following on April 27, 2010.) NORFOLK, Va. — For the first quarter of 2010, Norfolk Southern Corporation (NYSE: NSC) reported net income of $257 million, or $0.68 per diluted share, 45 percent higher compared with $177 million, or $0.47...

No injuries reported as NS train derails near Pittsburgh

(The following story by Mary Pickels appeared on the Pittsburgh Tribune-Review website on April 26, 2010.) PITTSBURGH, Pa. — Twenty-two cars on a Norfolk Southern freight train left the tracks early this morning along Rodebaugh Road in Hempfield. The cars were among...