Ancora scores win with ISS endorsement in Norfolk Southern proxy fight [Reuters]
Norfolk Southern Corporation (NSC)
Last norfolk southern corporation earnings: 4/29 08:00 am
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nscorp.com/content/nscorp/en/investor-relations.html
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Source: Reuters
Institutional Shareholder Services (ISS) recommended on Tuesday that shareholders elect five of the activist hedge fund's director candidates. ISS said the Atlanta-based railway, which has faced regulatory and legal questions after a in Ohio, needs new directors with deeper and more balanced industry experience. The ISS recommendation, which often guides how shareholders vote on hot-button issues such as board elections and mergers, was made one day after Glass Lewis, another proxy advisory firm, backed six of Ancora's candidates. Ancora wants shareholders to elect seven new directors. Shareholders will vote at the company's annual meeting on May 9 unless the two sides reach a settlement beforehand. Norfolk Southern, which is valued at $52.5 billion, said replacing its board members with Ancora's candidates would "introduce significant risk, and ultimately destroy long-term shareholder value." Report this ad The company's stock price fell nearly 4% on Tuesday to trade at $
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News
- Which Is A Better Pick – Norfolk Southern Or Snowflake Stock? [Forbes]Forbes
- Norfolk Southern to present at Wolfe 17th Annual Global Transportation and Industrials Conference [Yahoo! Finance]Yahoo! Finance
- Norfolk Southern to present at Wolfe 17th Annual Global Transportation and Industrials ConferencePR Newswire
- East Palestine resident says whistleblower is 'tip of the iceberg' for disaster response 'cover-up' [FOX Business Network]FOX Business Network
- To hold team members accountable, trust them, says JLL boss Christian Ulbrich [Fortune]Fortune
NSC
Earnings
- 4/24/24 - Miss
NSC
Sec Filings
- 5/20/24 - Form 144
- 5/15/24 - Form 8-K
- 5/14/24 - Form 4
- NSC's page on the SEC website