(Reuters circulated the following article on November 8.)
NEW YORK — Fitch Ratings on Tuesday revised the rating outlook on Norfolk Southern Corp. to positive from stable, citing the company’s strong operating performance and cash flow potential.
An outlook revision to positive indicates the railroad operator’s ratings may be raised over the next one to two years.
At the same time Fitch affirmed NSC’s “BBB” ratings, which are two notches above junk status.