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-0.00192744249796543 -0.00154195399837232 -0.0010708013877586 -0.00496851843919988 -0.00167045016490336 -0.00175611427592409 -0.00535400693879299 -0.00595365571593775
Stock impact report

Norfolk Southern Accuses Activist Investor of Trying to ‘Buy Votes' in Proxy Battle [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
13-person board after the hedge fund signed a labor pact with a Teamsters division supporting the hedge fund's suggested changes. The railroad said Ancora is violating the Railway Labor Act in signing a memorandum of understanding with The Brotherhood of Locomotive Engineers and Trainmen (BLET) on the grounds that Norfolk Southern should be granted exclusive negotiating authority with the union. More from Sourcing Journal Gildan-Browning West Proxy Fight Headed Down to the Wire DHL to Pay $8.7 Million in Racial Discrimination Lawsuit Settlement Here's What Baltimore's Bridge Collapse Could Cost CSX and Norfolk Southern The agreement indicated that if the activist investor proxy fight is successful, the BLET would win several concessions, including taking over remote-control switching operations currently handled by conductors and no longer requiring engineers to work as conductors. “Ancora's actions are a blatant attempt to buy votes through backdoor deals to take contro Show less Read more
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