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-0.000469851213782257 0.000201364805906772 0.00217026513032784 0.00145430137599292 0.00364694037364357 0.00731625461461022 0.00939702427564615 0.00588432710594025
Stock impact report

UPDATE 1-Norfolk Southern investors elect three Ancora directors, CEO Shaw is re-elected [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
May 9 (Reuters) - Activist investor Ancora Holdings won three board seats at Norfolk Southern but failed to oust the railway's chief executive, disappointing investors who pushed the stock price lower in early trading. The preliminary results were announced on Thursday after Ancora waged a proxy fight and pushed to get seven newcomers elected to the 13-member board. Ancora also urged investors to oust CEO Alan Shaw who was re-elected. The fight was one of the year's most closely watched votes because Ancora was pushing for so many seats at such a sizable company at a time railroad safety has been in the headlines following several derailments, analysts and bankers said. Investors reacted poorly to the vote news as many hoped for a new chief executive and sent shares down as much as 6% in early trading. By mid-morning the shares were at $224.56, down 3.3%. "We expect investors who owned the stock for a 'change event' will sell the stock today (and this could leak to tomorrow a Show less Read more
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