15 analysts have shared their evaluations of Norfolk Southern (NYSE: NSC) during the recent three months, expressing a mix of bullish and bearish perspectives.
Shares of freight transportation company Norfolk Southern (NYSE:NSC)
jumped 2.6% in the afternoon session after the largest U.S. railroad union backed its proposed $72 billion acquisition by Union Pacific following a landmark job security agreement.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at transportation and logistics stocks, starting with Norfolk Southern (NYSE:NSC).
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Wednesday. Uncover the top gainers and losers in today's session for valuable insights.
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
Railway and freight giant CSX is trading 4.9% below its all-time high. As the company eyes its next acquisition, its fundamentals (and dividend) remain strong.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Corporate America is in the midst of an unprecedented financial surge, marked by a historic wave of stock repurchases and a significant rebound in mergers and acquisitions (M&A) activity. In July alone, U.S. companies announced a staggering $166 billion in stock buybacks, setting a new monthly record and
A number of stocks fell in the afternoon session after bellwether United Parcel Service (UPS) reported weak earnings and withheld its full-year guidance, citing “macro-economic uncertainty” and low consumer sentiment.
Risk appetite took a breather Tuesday, with major U.S. stock indices retreating modestly from record highs as investors braced for a pivotal stretch of earnings and macro events.
Union Pacific is set to acquire Norfolk Southern through a combination of stock and cash, giving the latter an enterprise value of roughly $85 billion.
