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Stock impact report

EdgePoint Investment Group Inc. supports change at Norfolk Southern [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Southern" or the "Company") under its control for the seven director candidates put forth by Ancora Holdings Group, LLC. In addition, we affirm that the following statement from Institutional Shareholder Services Inc.'s ("ISS") report on Norfolk Southern captures our sentiment pertaining to the Company's current management: "It would therefore be justifiable for shareholders who have already lost faith in the current management team to support the entire dissident slate." We are reiterating our view that the status quo at Norfolk Southern will lead to continued underperformance of the railroad. We believe Jim Barber Jamie Boychuk and a reconstituted board are required to drive stronger safety, service and value creation at the Company. * Permission to quote from ISS' report was neither sought nor obtained, and emphasis was added by EdgePoint. ABOUT EDGEPOINT AND EDGEPOINT WEALTH MANAGEMENT EdgePoint is an independent investment management firm with a 16-year history. We're a l Show less Read more
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