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13 stories mentioning NSC

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Wire

Norfolk Southern Names Brian Barr as Chief Operating Officer

Norfolk Southern (NSC) said Monday that Brian Barr has been named chief operating officer, effective immediately, succeeding John Orr, who will transition to special board advisor to support the closing of Union Pacific (UNP) merger.Barr has been with Norfolk Southern for two years leading the Mechanical department, the company saidNorfolk Southern shares were down 0.5% in Monday trading.Price: $303.06, Change: $-1.86, Percent Change: -0.61%

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Wire

Update: Union Pacific-Norfolk Southern Merger Review Paused by Federal Regulator

(Updates with Union Pacific and Norfolk Southern comments in the second and third paragraphs and stock prices in fourth paragraph.)The Surface Transportation Board said Thursday it was holding its review of Union Pacific's (UNP) proposed merger with Norfolk Southern (NSC) in abeyance, stating that it required more information and a ruling on a communications motion related to the proceedings.In a joint statement, both Union Pacific CEO Jim Vena and Norfolk Southern CEO Mark George reiterated the benefits of the proposed deal and said they would continue to work closely with the STB to provide the requested information."We are confident this merger will deliver more reliable and lower-cost transportation options for American businesses," Vena said. "We submitted a comprehensive, data-driven application backed by a detailed plan for seamless integration. We look forward to the opportunity to show the facts and demonstrate the benefits for our customers, employees and America."Union Pacific shares were 4.2% lower in Thursday trading, while Norfolk Southern was down 4.8%.Price: $268.53, Change: $-10.87, Percent Change: -3.89%

$NSC$UNP
Wire

Union Pacific-Norfolk Southern Merger Review Paused by Federal Regulator

The Surface Transportation Board said Thursday it was holding its review of Union Pacific's (UNP) proposed merger with Norfolk Southern in abeyance, stating that it requires more information and a ruling on a communications motion related to the proceedings.Union Pacific and Norfolk Southern didn't immediately reply to requests for comment from.Price: $265.96, Change: $-13.43, Percent Change: -4.81%

$NSC$UNP
Wire

Union Pacific-Norfolk Southern Merger Review Paused by Federal Regulator

Union Pacific-Norfolk Southern Merger Review Paused by Federal Regulator

$NSC$UNP
Mining & Metals

CN Says Union Pacific-Norfolk Southern Merger Fails To Address Competitive Harms

Canadian National Railway (CNR.TO, CNI) after the close Thursday said it is reviewing Union Pacific UNP) and Norfolk Southern's (NSC) amended merger application submitted to the Surface Transportation Board (STB) and will remain "actively engaged" in this process.According to a statement, the applicants have failed to "materially improve the amended application" in ways that address the competitive harms of the merger. They have not remedied the "significant competitive harms" posed by the merger, nor have they offered any meaningful competitive enhancements as required under the board's new rules, said CN, adding that "these failures should be fatal to the application"."Given the magnitude of this transaction, the board's authority to impose conditions that protect competition and the public interest must be paramount. If Union Pacific and Norfolk Southern have set a cost cap on the conditions they're willing to accept, that's their business decision and their risk. It is not a ceiling on the board's authority, and it doesn't limit what's required in the public interest," said Olivier Chouc, CN's chief legal officer.CN Rail shares closed up C$4.66 at C$152.57 on Toronto Stock Exchange.

$CNI$CNR.TO$NSC$UNP
Wire

Rothschild & Co Redburn Adjusts Norfolk Southern PT to $315 From $308, Maintains Neutral Rating

Norfolk Southern (NSC) has an average rating of Hold and mean price target of $333.35, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $313.50, Change: $-3.21, Percent Change: -1.02%

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Wire

Citigroup Raises Norfolk Southern Price Target to $335 From $313

Norfolk Southern (NSC) has an average rating of hold and mean price target of $314.59, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $321.08, Change: $-0.36, Percent Change: -0.11%

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Wire

RBC Raises Price Target on Norfolk Southern to $360 From $310, Keeps Sector Perform Rating

Norfolk Southern (NSC) has an average rating of hold and mean price target of $314.59, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $321.14, Change: $-0.30, Percent Change: -0.09%

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Research

Research Alert: CFRA Downgrades Norfolk Southern Corp. To Hold From Buy With A Target Of $320

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We maintain our target price of $320 as shares trade in line with the Union Pacific Corporation (UNP 271 ****) acquisition price. We use a forward P/E of 23.3x our 2027 EPS view of $13.72, a premium to the five-year average of 17.7x, justified by an M&A premium. NSC reported Q1 adjusted railway operating revenue of $3.0 billion, a marginal 0.2% increase Y/Y. The company achieved an adjusted EBIT margin of 31.3%, reflecting an 80-bp contraction from the prior year as inflationary headwinds and higher fuel prices partially offset productivity gains. A key highlight of the quarter was a significant earnings beat, with adjusted EPS of $2.65 surpassing the consensus estimate of $2.51. On January 16, 2026, the Surface Transportation Board rejected the UNP/NSC merger application as incomplete, pushing the expected closing timeline to mid-to-late 2027. Washington Analysis has reduced approval odds to 70% from 80%, reflecting heightened regulatory scrutiny.

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Research

Research Alert: Nsc Q1: Stable Core Performance, Union Pacific Merger On Track

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Norfolk Southern Corporation (NSC) reported steady Q1 2026 revenues of $3.0B despite 1% volume decline, with operating ratio rising to 70.7% from 61.7% due to $62M in Eastern Ohio incident and merger costs. Adjusted EPS declined just 1% to $2.65 with operating ratio at 68.7%, showing resilience amid weather and fuel headwinds, while Merchandise segment grew 1.2% to $1,885M. The planned Union Pacific merger remains the key strategic catalyst, set to create the first East-West transcontinental rail network with mid-to-late 2027 closing timeline. Management is focusing on "controllables," including productivity, service, and safety over volume growth. We believe Norfolk Southern's disciplined approachcutting capex 14.9% to $382M while maintaining dividendsand steady adjusted performance despite temporary merger-related pressures demonstrate the underlying strength of its Eastern franchise and long-term value proposition ahead of the transformational UNP combination.

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Commodities

Exchange-Traded Funds Rise, Equity Futures Mixed Pre-Bell as Traders Assess Tech Earnings Amid Global Uncertainty

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 1.3% higher in Friday's premarket activity as investors assess technology companies' earnings while global uncertainty persists amid the Middle East conflict.US stock futures were mixed, with S&P 500 Index futures up 0.4%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures gaining 1.3% before the start of regular trading.The University of Michigan consumer sentiment report for the current month is scheduled to be released at 10 am ET, while the weekly Baker Hughes domestic oil-and-gas rig count is due at 1 pm ET.In premarket activity, bitcoin was up by 0.7%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.6% higher, Ether ETF (EETH) advanced 0.6%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.02%.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) retreated by 0.5%, the Vanguard Health Care Index Fund (VHT) was down 0.1%, while the iShares US Healthcare ETF (IYH) was 0.1% lower. The iShares Biotechnology ETF (IBB) was 0.5% higher.Organon (OGN) shares were up 29% in Friday's premarket activity, a day after a media report that India's Sun Pharmaceutical Industries was planning a $13 billion bid for Organon.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced by 2.1%, and the iShares US Technology ETF (IYW) was 1.7% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 2.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was 4.2% higher, while the iShares Semiconductor ETF (SOXX) rose by 4.1%.Intel (INTC) stock was 28% higher pre-bell Friday after the company reported overnight higher fiscal Q1 adjusted earnings and revenue in addition to providing fiscal Q2 outlook that surpassed analyst estimates.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.1% and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 0.1%. The iShares US Consumer Staples ETF (IYK) was 0.04% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 0.8%. The VanEck Retail ETF (RTH) and the State Street SPDR S&P Retail ETF (XRT) were flat.Coursera (COUR) stock was 16% lower before the opening bell on Friday after the company reported overnight lower Q1 non-GAAP earnings that also trailed analysts' estimates.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) slipped 0.4%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.9%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.1% higher.Hartford Insurance Group (HIG) shares were down 4.4% before Friday's bell, a day after the company posted lower-than-expected Q1 core earnings and revenue.EnergyThe iShares US Energy ETF (IYE) retreated by 1%, while the State Street Energy Select Sector SPDR ETF (XLE) was down by 1.1%.SLB (SLB) shares were down 3.7% before Friday's bell after the company posted lower Q1 adjusted earnings.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated by 0.7%, while the Vanguard Industrials Index Fund (VIS) was 0.2% lower and the iShares US Industrials ETF (IYJ) was flat.Norfolk Southern (NSC) shares were down 1.1% before the opening bell Friday after the company reported lower Q1 adjusted EPS.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 1.3% to $94.63 per barrel on the New York Mercantile Exchange. Natural gas declined by 2.4% to $2.70 per 1 million British Thermal Units. The United States Oil Fund (USO) decreased by 1.4%, while the United States Natural Gas Fund (UNG) was 1.7% lower.Gold futures for May were down by 0.1% at $4,721.50 an ounce on the Comex. Silver futures gained by 0.9% to reach $76.17 an ounce. SPDR Gold Shares (GLD) was 0.4% higher, and the iShares Silver Trust (SLV) advanced by 0.5%.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$COUR$EEM$EETH$EXI$FAS$FAZ$GLD$HIG$IBB$IGM$IGV$INTC$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NSC$OGN$PMR$QQQ$RTH$SLB$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Wire

Norfolk Southern Keeps Quarterly Dividend at $1.35 per Share, Payable May 20 to Holders of Record May 8

Norfolk Southern Keeps Quarterly Dividend at $1.35 per Share, Payable May 20 to Holders of Record May 8

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Wire

Susquehanna Adjusts Price Target on Norfolk Southern to $330 From $305, Maintains Neutral Rating

Norfolk Southern (NSC) has an average rating of hold and mean price target of $314.59, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $305.41, Change: $+3.19, Percent Change: +1.06%

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