CSX Won't Rule Out M&A
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NSC's second-quarter 2025 performance is expected to have been affected by weak freight demand and tariff-related uncertainties.
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Why Norfolk Southern (NSC) Stock Is Up Today
What Happened? Shares of freight transportation company Norfolk Southern (NYSE:NSC) jumped 8.2% in the pre-market session after the company announced a quarterly dividend of $1.35 per share on its common stock.
Norfolk Southern benefits from intermodal growth and industrial recovery, but macro risks temper near-term upside. Read why NSC stock is downgraded to hold.
Major U.S. equities indexes were little changed to lower at midday Friday as investors digested the latest corporate earnings news.
CSX Corp. stock is up on reports that Union Pacific is interested in buying the Jacksonville-headquartered railroad company. CSX Corp.’s stock rose to its highest level of the year July 17 after a report that Union Pacific Corp. is seeking to buy one of the two major eastern railroads, CSX or Norfolk Southern Corp.
The stock's fall snapped a two-day winning streak.
Norfolk Southern (NYSE:NSC – Free Report) had its price target lowered by Wells Fargo & Company from $300.00 to $290.00 in a report issued on Thursday morning,Benzinga reports.