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2.16244269526661E-05 0.000908225932012836 0.00432488539053715 0.00363290372805122 0.00713606089438632 0.0048006227834963 0.00897413718536466 0.00408701669405758
Stock impact report

UPDATE 1-Ancora scores win with ISS endorsement in Norfolk Southern proxy fight [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
NEW YORK, April 30 (Reuters) - Ancora Holdings scored a second victory in its battle with Norfolk Southern when prominent proxy advisory firm 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 derailment last year 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. ISS backed William Clyburn, who served on the U.S. Surface Transportation Board, railroad executive Sameh Fahmy, forme Show less Read more
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