(The following appeared at GuruFocus.com on December 14, 2009.)
President, Chairman & CEO of Norfolk Southern Corp. (NSC) Charles W Moorman sells 50,000 shares of NSC on 12/14/2009 at an average price of $53.01 a share.
Norfolk Southern Corp., a Virginia-based holding company, owns two major freight railroads, Norfolk Southern Railway Company and Norfolk Western Railway Company, which operates in numerous states, the District of Columbia and the Province of Ontario. (Company Press Release) Norfolk Southern Corp. has a market cap of $19.53 billion; its shares were traded at around $53.08 with a P/E ratio of 16.9 and P/S ratio of 1.8. The dividend yield of Norfolk Southern Corp. stocks is 2.6%. Norfolk Southern Corp. had an annual average earning growth of 9.7% over the past 10 years.
• Exec. V.P. and CMO Donald W Seale sold 6,462 shares of NSC stock on 11/06/2009 at the average price of 52.13, the price of the stock has increased by 1.82% since
• Sell:: Exec.VP-Law & Corp. Relatiions James A Hixon sold 10,000 shares of NSC stock on 11/04/2009 at the average price of 50, the price of the stock has increased by 6.16% since
• Sell:: Exec.VP-Law & Corp. Relatiions James A Hixon sold 10,000 shares of NSC stock on 08/07/2009 at the average price of 45, the price of the stock has increased by 17.96% since