NORFOLK, Va. — Norfolk Southern Corp. reported third-quarter 2010 net income of $445 million, an increase of 47 percent, compared with $303 million for third-quarter 2009. Diluted earnings per share were $1.19, up 47 percent, compared with $0.81 per share in the third quarter of 2009.
NORFOLK, Va. — Norfolk Southern Corp. announced the regular quarterly dividend of 36 cents per share on its common stock, payable on Dec. 10, to stockholders of record on Nov. 5.
GREENCASTLE, Pa. — Norfolk Southern CEO Wick Moorman was joined byPennsylvania Gov. Ed Rendell, Federal Railroad Administration Deputy Administrator Karen Rae, Rep. Bill Shuster, and other state and local dignitaries to officially break ground for the new Franklin County Regional Intermodal Facility in Greencastle.
NORFOLK, Va. — Norfolk Southern Corp. announced it has terminated its previously announced private exchange offer for its outstanding 7.9 percent notes due 2097.
HOUSTON — Motiva Enterprises and Norfolk Southern Corp. announced expansion of Motiva’s Doraville, Ga., operations to allow for the delivery of unit trains of fuel-grade ethanol to the Motiva refined products terminal rail yard.
NORFOLK, Va. — Norfolk Southern handled one of its largest cargo loadings of the last 20 years at its Pier 6 coal transloading facility at Lamberts Point in Norfolk, the company said.
NORFOLK, Va. — Norfolk Southern Corp. announced that the early exchange date with respect to its private exchange offer for its outstanding 7.9 percent notes due 2097 has been extended until midnight on Oct. 14, which is also the expiration date of the Exchange Offer.
NORFOLK, Va. — Norfolk Southern Corp. announced the commencement of an offer to exchange any and all outstanding 7.9 percent notes due 2097 for 5.3 percent notes due 2040 and cash.
NORFOLK, Va. — A special train will travel across Alabama Sept. 20-24 to provide emergency preparedness training to first responders as part of the 2010 Norfolk Southern TRANSCAER Whistle-Stop Tour.