NYSE:NSCTransportation
Norfolk Southern (NYSE:NSC) Completes Share Buyback As Q1 Earnings and Revenue Announced
Norfolk Southern (NYSE:NSC) recently announced its first-quarter earnings showing a significant rise in net income to $750 million from $53 million the previous year, alongside affirming its quarterly dividend. Over the past week, the company's share price moved up by 4%, aligning with the market's 2% climb. The robust earnings report and ongoing share buyback program, which reduced outstanding shares by 6%, likely supported this positive momentum. While the transportation sector is generally...