Pick CSX Over Norfolk Southern Stock?

09:30am, Tuesday, 10'th Sep 2024
Given its better valuation and prospects, we think CSX stock (NYSE: CSX) is a better pick than its peer – Norfolk Southern stock (NYSE: NSC). NSC stock trades at 21x forward expected earnings, versu
Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss stock plays for three stocks.
Here, we pick three railroad stocks, Union Pacific (UNP), Canadian National (CNI) and Norfolk Southern (NSC), which have a solid five-year dividend growth history.
In May, activist investor Ancora won three board seats at the railroad operator but failed to oust CEO Alan Shaw.
Norfolk Southern (NSC) said Sunday that it is investigating allegations of misconduct against CEO Alan Shaw, and is working with outside legal counsel to determine whether Shaw did anything "inconsist
Railroad operator Norfolk Southern said it retained a law firm to conduct and independent investigation of the allegations.
ATLANTA , Sept. 8, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) acknowledges that its Board of Directors has opened an investigation into allegations of potential conduct by CEO Alan
Norfolk Southern's board is examining allegations that CEO Alan Shaw engaged in an inappropriate workplace relationship, according to people familiar with the matter. Shaw has been CEO of Norfolk Sout
ATLANTA , Sept. 6, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and Chief Executive Officer Alan H.
Early agreements now cover nearly 65% of company's union workforce ATLANTA , Sept. 4, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has reached a tentative agreement with its final g
Norfolk Southern's bottom line benefits from cost-cutting efforts. The shareholder-friendly approach is encouraging.
Norfolk Southern has reached tentative, five-year labor agreements with five unions, the U.S. railroad operator said on Friday, at a time when thousands of employees in the industry are negotiating fo
Early agreements made with nine unions over the past two weeks cover approximately 55% of railroad's total union workforce ATLANTA , Aug. 30, 2024 /PRNewswire/ -- Ahead of the Labor Day holiday, whic
The deals, on successful ratification, will make the concerned Norfolk Southern's (NSC) workers eligible for higher wages.
Norfolk Southern said on Friday it has reached tentative, five-year collective bargaining agreements with four labor unions.
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