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-0.000380389787653031 0.000290886308205221 0.00194670067798887 0.00154393502047392 0.00355776330804854 0.00740641292430244 0.00948736882146295 0.00597435725313812
Stock impact report

Norfolk Southern wins board proxy fight, three Ancora activists gain seats [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company, however, said that 10 of its 13 nominees to the company board were approved by shareholders, fending off Ancora's effort to remove Shaw, falling short of the six seats needed. "Our shareholders recognize that positive change is underway at Norfolk Southern," Norfolk Southern said in a statement. "Moving forward, we will continue building on the significant progress Alan Shaw, John Orr, and the entire team have already achieved. Together, we are building a safer, more profitable railroad, closing the margin gap with our peers, and ultimately growing value for our shareholders." Ancora is a $10 billion investment firm that owns a large equity stake in Norfolk Southern and has criticized current Norfolk Southern executives for " sustained underperformance The three Ancora activists elected to the board are WIlliam Clyburn, Jr., Sameh Fahmy and Gilbert Lamphere. Ancora's Jim Chadwick and Frederick DiSanto said in a statement that the shareholder election of the three Show less Read more
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