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US says Norfolk Southern must focus on safety despite investor activism

UPDATE 1-US says Norfolk Southern must focus on safety despite investor activism Adds Norfolk Southern comment, no immediate comment from investor group By David Shepardson WASHINGTON, Feb 21 (Reuters) - The head of the Federal Railroad Administration on Wednesday urged Norfolk Southern NSC.N to focus on safety after a group of activist investors proposed replacing the company's top management.
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Ancora-led group wants new CEO, COO at Norfolk Southern; nominates board members

UPDATE 3-Ancora-led group wants new CEO, COO at Norfolk Southern; nominates board members Adds Norfolk Southern statement By Nathan Gomes Feb 20 (Reuters) - A group of investors led by Ancora Holdings on Tuesday said it had proposed replacing Norfolk Southern's NSC.N top management, including its CEO , and nominated eight directors to t he railroad operator's board.
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Wabtec And CSX Extend Deal To Modernize Over 200 Locomotives

BRIEF-Wabtec And CSX Extend Deal To Modernize Over 200 Locomotives Feb 13 (Reuters) - CSX Corp CSX.O : WABTEC AND CSX EXTEND DEAL TO MODERNIZE OVER 200 LOCOMOTIVES WABTEC : CO WILL DO MODERNIZATION WORK AT ITS LOCOMOTIVE PLANTS IN UNITED STATES FROM 2024 - 2028 Source text for Eikon: ID:nBw72wY17a Further company coverage: CSX.O
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US, UK impose sanctions on network that targeted Iran dissidents for assassination

UPDATE 3-US, UK impose sanctions on network that targeted Iran dissidents for assassination Adds DOJ action in paragraph 8 By Doina Chiacu and Daphne Psaledakis WASHINGTON, Jan 29 (Reuters) - The United States and Britain on Monday imposed sanctions on a network of people who targeted Iranian dissidents and opposition activists for assassination at Iran's direction, the U.S.
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U.S. Amazon.com, Equifax, Tesla

U.S. RESEARCH ROUNDUP-Amazon.com, Equifax, Tesla Jan 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Amazon.com, Equifax and Tesla, on Thursday. HIGHLIGHTS * Amazon.com Inc AMZN.O : Jefferies raises price target to $190 from $175 * Columbia Banking System Inc COLB.O : KBW cuts to market perform from outperform * Equifax Inc EFX.N : National Bank of Canada raises to outperform from sector perform * ServiceNow Inc N
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Railroad operator CSX's profit falls 13% on lower fuel surcharge, shipments

Railroad operator CSX's profit falls 13% on lower fuel surcharge, shipments Jan 24 (Reuters) - U.S. railroad operator CSX Corp CSX.O reported a 13% drop in fourth-quarter profit on Wednesday, weighed down by dip in revenues from fuel surcharge, intermodal storage and trucking. The company's net earnings fell to $886 million, or 45 cents per share, from about $1.02 billion, or 49 cents per share, a year earlier.
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CSX Corp reports results for the quarter ended in December - Earnings Summary

CSX Corp reports results for the quarter ended in December - Earnings Summary CSX Corp CSX.OQ reported quarterly adjusted earnings of 45 cents​​ per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of twenty four analysts for the quarter was for earnings of 44 cents per share.
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CSX Q4 EPS USD 0.45 Vs. IBES Estimate USD 0.44

BRIEF-CSX Q4 EPS USD 0.45 Vs. IBES Estimate USD 0.44 Jan 24 (Reuters) - CSX Q4 revenue USD 3,680 million vs. IBES estimate USD 3,629 million. Q4 operating income USD 1,320 million vs. IBES estimate USD 1,333 million Q4 net income USD 886 million vs. IBES estimate USD 878.7 million
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CSX Corp <CSX.OQ> expected to post earnings of 44 cents a share - Earnings Preview

CSX Corp expected to post earnings of 44 cents a share - Earnings Preview CSX Corp CSX.OQ CSX.O is expected to show a fall in quarterly revenue when it reports results on January 24 for the period ending December 31 2023 The Jacksonville Florida-based company is expected to report a 2.7% decrease in revenue to $3.629 billion from $3.73 billion a year ago, according to the mean estimate from 18 analysts, based on LSEG data.
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U.S. Comerica, Home Depot, Lowe's Companies

U.S. RESEARCH ROUNDUP-Comerica, Home Depot, Lowe's Companies Jan 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Comerica, Home Depot and Lowe's Companies, on Monday. HIGHLIGHTS * Comerica Inc CMA.N : Raymond James cuts to market perform from outperform * Home Depot Inc HD.N : Oppenheimer cuts to perform from outperform * Lowe's Companies Inc LOW.N : Oppenheimer cuts to perform from outperform * Norfolk Southern C
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Surface Transportation Board Requires Additional Information In Amtrak Gulf Coast Proceeding And Schedules Hearing

BRIEF-Surface Transportation Board Requires Additional Information In Amtrak Gulf Coast Proceeding And Schedules Hearing Jan 19 (Reuters) - Surface Transportation Board: SURFACE TRANSPORTATION BOARD: REQUIRES ADDITIONAL INFORMATION IN AMTRAK GULF COAST PROCEEDING AND SCHEDULES HEARING SURFACE TRANSPORTATION BOARD-BOARD HAS ALSO SCHEDULED A HEARING
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U.S. Boeing, Moody's, S&P Global

U.S. RESEARCH ROUNDUP-Boeing, Moody's, S&P Global Dec 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Boeing, Moody's and S&P Global, on Thursday. HIGHLIGHTS * Boeing BA.N : RBC raises target price to $300 from $275 * Hubspot Inc HUBS.N : Wells Fargo raises target price to $650 from $550 * Moody's Corp MCO.N : RBC raises target price to $450 from $381 * S&P Global Inc SPGI.N : RBC raises target price to $500 from
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CSX train derailment in Kentucky was avoidable, lawsuit claims

UPDATE 1-CSX train derailment in Kentucky was avoidable, lawsuit claims Adds CSX comment in paragraph 6 By Clark Mindock Nov 29 (Reuters) - A group of Kentucky residents on Wednesday sued CSX CSX.O , saying the railroad operator could have prevented a train derailment that spilled molten sulfur in remote eastern Kentucky on the eve of the U.S. Thanksgiving holiday.
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CSX train derailment in Kentucky was avoidable, lawsuit claims

CSX train derailment in Kentucky was avoidable, lawsuit claims By Clark Mindock Nov 29 (Reuters) - A group of Kentucky residents on Wednesday sued CSX CSX.O , saying the railroad operator could have prevented a train derailment that spilled molten sulfur in remote eastern Kentucky on the eve of the U.S. Thanksgiving holiday. The proposed class action lawsuit filed in Kentucky federal court claimed CSX's negligence, recklessness and failure to follow federal train regulations were to blame for th
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EST

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EST Nasdaq 100 .NDX Top Performers Percent Change MercadoLibre Inc MELI.OQ +4.2% Trade Desk Inc TTD.OQ +3.2% PayPal Holdings Inc PYPL.OQ +1.7% Zoom Video Communications Inc ZM.OQ +1.5% Palo Alto Networks Inc PANW.OQ +1.4% Bottom Performers Percent Change GE Healthcare Technologies Inc GEHC.OQ -3.6% Walgreens Boots Alliance Inc WBA.OQ -3.5% Illumina Inc ILMN.OQ -3.4% CSX Corp CSX.OQ -2.1% Broadcom Inc AVGO.OQ -2.1% The Nasdaq 100
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CSX says failed wheel bearing caused train derailment in Kentucky

CSX says failed wheel bearing caused train derailment in Kentucky Nov 26 (Reuters) - Railroad operator CSX CSX.O on Sunday said an investigation determined that a failed wheel bearing on a rail car caused a train derailment that spilled molten sulfur in a remote area of eastern Kentucky on the eve of Thanksgiving. The derailment occurred on Wednesday north of Livingston, a town of about 200 people, and involved 16 cars, including two carrying molten sulfur that spilled some of their load.
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Wall Street Journal - Nov. 24

PRESS DIGEST - Wall Street Journal - Nov. 24 Nov 24 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - China provided the World Health Organization with data on a pneumonia outbreak among children in the country after the agency made an unusual public request for the information — a gesture that renewed questions about Beijing's transparency on public health.
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Train derailment, chemical spill disrupt Thanksgiving for Kentucky town

UPDATE 2-Train derailment, chemical spill disrupt Thanksgiving for Kentucky town Adds evacuated residents allowed to return home in paragraph 6 By Kanishka Singh Nov 23 (Reuters) - A train derailment that spilled molten sulfur in a remote area of eastern Kentucky on the eve of Thanksgiving disrupted holiday plans for local residents on Thursday, some of whom were forced to evacuate after the incident.
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Train derailment, chemical spill disrupt Thanksgiving for Kentucky town

Train derailment, chemical spill disrupt Thanksgiving for Kentucky town By Kanishka Singh Nov 23 (Reuters) - A train derailment that spilled molten sulfur in eastern Kentucky on the eve of Thanksgiving disrupted holiday plans for local residents in the remote area on Thursday, some of whom were forced to evacuate after the incident. The train derailment occurred north of Livingston, a town of about 200 people, and involved 16 cars, including two cars carrying molten sulfur that spilled some of t
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CSX Working To Safely Extinguish Fire After Kentucky Train Derailment

BRIEF-CSX Working To Safely Extinguish Fire After Kentucky Train Derailment Nov 23 (Reuters) - CSX CSX.O : SAYS LOCAL EMERGENCY RESPONDERS IN ROCKCASTLE COUNTY, KY., WORKED THROUGH THE NIGHT IN AN ONGOING EFFORT TO EXTINGUISH A FIRE FOLLOWING NOV. 22 TRAIN DERAILMENT SAYS THE DERAILMENT INVOLVED 16 CARS, INCLUDING TWO MOLTEN SULPHUR CARS THAT LOST
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