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Norfolk Southern Corp.



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Norfolk Southern Corp. Q3 2008 Earnings Call Transcript

Start Time: 09:00End Time: 10:16Norfolk Southern Corp. ()Q3 2008 Earnings CallOctober 22, 2008 09:00 am ETExecutivesLeanne Marilley - Director of Investor RelationsWick Moorman - Chairman, President and CEODon Seale - EVP and Chief Marketing OfficerSteve Tobias - Vice Chairman and COOAnalystsJohn Barnes - BB&T Capital MarketsWilliam Green - Morgan StanleyJason Seidl - Dahlman RoseKen...

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Norfolk Southern profit jumps 35%

SAN FRANCISCO (MarketWatch) -- Norfolk Southern Corp. reported late Tuesday third-quarter net income of $520 million, or $1.37 a share, up from $386 million, or 97 cents a share, a year earlier. Revenue for the quarter rose 23% to $2.89 billion from $2.35 billion. Analysts polled by FactSet Research were looking for a profit, on average, of $1.21 a share on $2.76 billion in revenue....

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INTERVIEW-UPDATE 1-Norfolk Southern CEO sees "pricing momentum"

* Sees strong freight pricing at least through next June* Sees little chance of US auto industry recovery in 2009* Hopeful that U.S. housing has "approached a bottom" (Adds CEO comments, details on profit, analyst comments, stock rise, byline)By Nick CareyDETROIT, Oct 22 (Reuters) - Norfolk Southern Corp's (NSC.N: ) freight prices look solid through the second quarter of 2009 and should...

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Earnings Preview: Norfolk Southern Corp.

Norfolk Southern Corporation (NSC) is expected to report Q3 earnings after market close Tuesday, Oct. 21, with a conference call scheduled for Wednesday, October 22 at 9:00 am ET. Guidance Analysts are looking for EPS of $1.21 on revenue of $2.76B. The consensus range is $1.11 to $1.26 for EPS, and $2.73B to $2.81B for revenue, according to First Call. Complete Story »

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As ethanol shipments grow, safety remains a concern

... by rail and truck -- often through residential communities and cities. In Washington D.C., a CSX Corp rail line sits just blocks from the U.S. Capitol.So far, the railroad industry has resisted requests that it notify local officials of its ethanol transport schedule.Last year, a tanker truck overturned in Baltimore, spilling 6,800 gallons of ethanol that ignited, killing the driver and...

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Trade Alerts on Recent Analyst Upgrade Notables: WFMI, BG, CAT, NSC, CRM, AMZN

(EMAILWIRE.COM, October 25, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering recent analyst upgrades: Whole Foods Market Inc. (Nasdaq: WFMI), Bunge Ltd. (NYSE: BG), Caterpillar Inc. (NYSE: CAT), Norfolk Southern Corp. (NYSE: NSC), Salesforce.com Inc. (NYSE:...

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Trade Alerts on Recent Analyst Upgrade Notables: WFMI, BG, CAT, NSC, CRM, AMZN

(EMAILWIRE.COM, October 25, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering recent analyst upgrades: Whole Foods Market Inc. (Nasdaq: WFMI), Bunge Ltd. (NYSE: BG), Caterpillar Inc. (NYSE: CAT), Norfolk Southern Corp. (NYSE: NSC), Salesforce.com Inc. (NYSE: CRM) and Amazon.com (Nasdaq: AMZN). In the Trade Alert, the author highlights Whole...

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Beacon Equity Issues Technical Trade Alerts on Recent Analyst Upgrades: WFMI, BG, CAT, NSC, CRM, AMZN

DALLAS, Oct. 24 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting: Today's Trade Alerts include: Whole Foods Market Inc. (Nasdaq: ), Bunge Ltd. (NYSE: ), Caterpillar Inc. (NYSE: ), Norfolk Southern Corp. (NYSE: ), Salesforce.com (NYSE: ) and Amazon.com (Nasdaq:...

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Nortfolk Southern profit rises on strong coal hauling demand

Norfolk Southern Corp., (TICKER:NSC) one of the nation’s premier railroads, reported late Tuesday a 35% jump in third-quarter results, getting a big boost from continued strength in the coal market.

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Market Ends the Day on a Positive Note

... Average of 65.03 Activision Blizzard` Inc Price (12.55) Rises Above Moving Average of 12.48 Loews Corp Price (31.84) Rises Above Moving Average of 31.59 Ch Energy Group Inc Price (40.74) Rises Above Moving Average of 40.46 Tetra Tech Inc Price (19.43) Rises Above Moving Average of 19.09 Range Resources Corp Price (32.63) Rises Above Moving Average of 31.72 Inter Parfums Inc Price...

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UPDATE 1-Norfolk So profit gets lift from coal, pricing

* Prices boost profit, Q3 EPS above expectations* Total freight volumes down 1 percent, coal up 6 percent* Freight volumes hit again by housing, automotiveDETROIT, Oct 21 (Reuters) - No. 4 U.S. railroad Norfolk Southern Corp (NSC.N: ) on Tuesday reported a better-than-expected quarterly net profit, as strong pricing offset a decline in freight volumes, sending its shares up nearly 7 percent.The...