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NSC / East Palestine train derailment has now cost Norfolk Southern $1 billion

East Palestine train derailment has now cost Norfolk Southern $1 billion
The costs to Norfolk Southern from the February derailment in East Palestine, Ohio, are now approaching $1 billion, the company reported Thursday. Read More
Posted: Jul 27 2023, 14:57
Author Name: CNN Business
Views: 111389

NSC News  

Norfolk Southern (NSC) Misses on Q3 Earnings, Decreases Y/Y

By Zacks Investment Research
October 25, 2023

Norfolk Southern (NSC) Misses on Q3 Earnings, Decreases Y/Y

Low revenues from key segments hurt Norfolk Southern's (NSC) Q3 results. more_horizontal

Norfolk Southern (NSC) Reports Q3 Earnings: What Key Metrics Have to Say

By Zacks Investment Research
October 25, 2023

Norfolk Southern (NSC) Reports Q3 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Norfolk Southern (NSC) give a sense of how the business performed in the quarter ended September 2023, it c more_horizontal

Norfolk Southern Q3 profit down sharply after Eastern Ohio derailment charge

By Market Watch
October 25, 2023

Norfolk Southern Q3 profit down sharply after Eastern Ohio derailment charge

Norfolk Southern Corp. NSC, -0.34% on Wednesday posted net income of $756 million, or $2.10 a share, for the third quarter, down from $1.3 billion a y more_horizontal

EPA orders Norfolk Southern to perform additional cleanup following Ohio derailment

By Reuters
October 18, 2023

EPA orders Norfolk Southern to perform additional cleanup following Ohio derailment

The U.S. Environmental Protection Agency (EPA) on Wednesday ordered Norfolk Southern Corp to carry out additional cleanup in East Palestine, Ohio, fol more_horizontal

Boarding Norfolk Southern Corporation (Rating Upgrade)

By Seeking Alpha
October 2, 2023

Boarding Norfolk Southern Corporation (Rating Upgrade)

Norfolk Southern Corporation shares are down 13.4% in the past 2 months, making them a more attractive investment. Traffic patterns show a decline in more_horizontal

Norfolk Southern to announce Q3 2023 earnings results on October 25, 2023

By PRNewsWire
September 29, 2023

Norfolk Southern to announce Q3 2023 earnings results on October 25, 2023

ATLANTA , Sept. 29, 2023  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its third quarter financial results during a live co more_horizontal

Norfolk Southern announces homeowner compensation plan after East Palestine derailment

By Market Watch
September 18, 2023

Norfolk Southern announces homeowner compensation plan after East Palestine derailment

Railroad giant Norfolk Southern Corp. NSC, +0.05% on Monday announced an interim plan to compensate eligible homeowners whose home values suffered fol more_horizontal

Riding The Rails Of Profit: Norfolk Southern Enters Buy Territory

By Seeking Alpha
September 8, 2023

Riding The Rails Of Profit: Norfolk Southern Enters Buy Territory

In this article, we will analyze Norfolk Southern's financial performance using what I call the "Buffett-metrics", revealing areas of strength and of more_horizontal


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