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   Norfolk Southern names Jason Morris vice president labor relations; Scott Weaver to retire  2021/06/07 18:00:00 Business Insider Markets
NORFOLK, Va., June 7, 2021 /PRNewswire/ -- Norfolk Southern (NYSE:NSC) announced today that Jason Morris has been named vice president labor relations. He will succeed Scott Weaver, who is retiring from…
   Norfolk Southern to present at UBS Global Industrials and Transportation Virtual Conference  2021/06/03 19:00:00 Business Insider Markets
NORFOLK, Va., June 3, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Financial Officer Mark R. George and Executive Vice President and Chief Marketing Officer
   PPF, NSC, SCSS interest rates cut  2021/03/31 14:46:10 Economic Times India
The year 2020 has been especially abysmal for fixed income investors. Looks like it will be same in 2021 as well. That is because the government has announced a cut in interest rates of small savings schemes. That is right, the government has cut interest rates on small savings schemes after keeping them unchanged for the past three quarters. As per a finance ministry circular, dated March 31, 2021, interest rates on small savings schemes have been cut by massively between 50 -110 basis points (100 basis points/bps = 1%) for the first quarter of the financial year 2021-22. With effect from April 1, 2021, post office saving schemes will fetch interest rates as follows: Public Provident Fund (PPF) - 6.4 per cent down from 7.1 per cent earlier, National Savings Certificate (NSC) - 5.9 per cent, down from 6.8 per cent earlier, Sukanya Samriddhi Yojana (SSY) - 6.9 per cent, down from 7.6 per cent earlier. Post office time deposit rates across tenures have been reduced by 0.40 to 1.1% and will earn in the range of 4.4- 5.3%.
   Canadian Pacific Railway to buy Kansas City Southern for US$25 billion betting on North American trade  2021/03/21 16:00:48 The Sun Daily
BENGALURU: Canadian Pacific Railway Ltd on Sunday said it has agreed to buy Kansas City Southern for US$25 billion (RM102.8 billion) in a cash-and-shares deal to create the first rail network connecting the United States, Mexico, and Canada, betting on a pick-up in North American trade. Shareholders of Kansas City Southern will receive 0.489 of a Canadian Pacific share and $90 in cash for each KCS common share held, the companies said in a joint statement. The deal, which has an enterprise value of US$29 billion including debt, values Kansas City Southern at US$275 per share, representing a 23% premium to Friday's closing price of US$224.16. The transaction is the biggest M&A launched in 2021. “The new competition we will inject into the North American transportation market cannot happen soon enough, as the new USMCA Trade Agreement among these three countries makes the efficient integration of the continent’s supply chains more important than ever before,“ Canadian Pacific chief executive Keith Creel said in the statement. “This will create the first US-Mexico-Canada railroad.” The new and modernised US-Mexico-Canada trade pact took effect in July last year, replacing the earlier deal that lasted 26 years, and is expected to further foster manufacturing and agriculture trade activities among the three countries.
   Norfolk Southern to present at J.P. Morgan Industrials Conference  2021/03/09 20:30:00 PR Newswire
NORFOLK, Va., March 9, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Financial Officer Mark R. George and Executive Vice President and Chief Marketing Officer Alan H. Shaw will make a presentation at: J.P. Morgan 2021 Industrials…
   Norfolk Southern terminates project on former Chattahoochee Brick Company site  2021/02/18 16:03:00 PR Newswire
NORFOLK, Va., Feb. 18, 2021 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced it has terminated plans to build a rail transfer facility on the site of the former Chattahoochee Brick Company in Atlanta. "We accepted from the beginning that we had a special…
   Norfolk Southern names Hunt Cary as vice president operations efficiency  2021/02/11 22:23:00 PR Newswire
NORFOLK, Va., Feb. 11, 2021 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) announced today that its board of directors has elected Hunt Cary, a 28-year railroad veteran, as vice president operations efficiency. Joining Norfolk Southern from Union Pacific Corporation, Cary brings extensive…
   Norfolk Southern names Hunt Cary as vice president operations efficiency  2021/02/11 22:23:00 PR Newswire
NORFOLK, Va., Feb. 11, 2021 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) announced today that its board of directors has elected Hunt Cary, a 28-year railroad veteran, as vice president operations efficiency. Joining Norfolk Southern from Union Pacific Corporation, Cary brings extensive…
   Cowen & Co. Stick to Their Buy Rating for Norfolk Southern Corp By Investing.com  2021/02/05 09:08:11 Investing.com
Cowen & Co. Stick to Their Buy Rating for Norfolk Southern Corp
   Dividends Keep Roaring Back. 9 Companies That Raised Their Payouts This Week.  2021/01/30 13:30:00 Barron's
In a busy week for dividend announcements, Comcast, Norfolk Southern, Archer-Daniels-Midland, and Kimberly-Clark were among the large U.S. companies that declared increases.
   Norfolk Southern supports customer growth and local economies in 2020  2021/01/29 14:00:00 PR Newswire
NORFOLK, Va., Jan. 29, 2021 /PRNewswire/ -- Norfolk Southern (NYSE:NSC) announced today that in 2020 the company assisted 86 businesses in locating new or expanded facilities on its freight rail network. The industries ranged from a medical products supplier and roofing shingle…
   Norfolk Southern Reports Decline in Q4 Earnings  2021/01/28 19:30:00 Transport Topics
Norfolk Southern Corp. saw its fourth-quarter revenue fall by 4% as freight volume fell in most of the commodities it moves.

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