|Last Price$106.93||Day Change (%)0.33%|
|Open Price$106.80||Day Change ($)0.35|
|Day Range106.31–107.00||52-Week Range71.86–108.84|
As of Fri 08/29/2014 03:38 PM EST | USD
Norfolk Southern reports progress and efforts to reduce environmental impact
Norfolk Southern CEO Moorman to address Cowen and Company 7th Annual Global Transportation & Aerospace/Defense Conference
Norfolk Southern named to 'green' supply chain list
In this second excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins detail how companies leverage cost advantage and switching costs to their benefit.
Class I railroads have cost advantages and scale efficiencies that give them a competitive edge over lesser players.
We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.
Railroads bolstered our confidence in the persistence of excess returns via solid performance through the recent recession and coal weakness.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Wall Street expects 3Q will be the first down quarter of earnings in the recovery, but the U.S. economy should pick up some global slack, says Morningstar's Bob Johnson.