Norfolk Southern CEO Alan Shaw being investigated for potential misconduct
Railroad operator Norfolk Southern said it retained a law firm to conduct and independent investigation of the allegations.
Norfolk Southern board probing CEO Alan Shaw over alleged inappropriate workplace relationship
Norfolk Southern's board is examining allegations that CEO Alan Shaw engaged in an inappropriate workplace relationship, according to people familiar with the matter. Shaw has been CEO of Norfolk Southern since 2022, and has faced down a toxic rail derailment and a contentious proxy fight in that time.
Why it's so difficult to build nuclear power plants in the U.S.
The U.S. generates about 60% of its electricity from fossil fuels, roughly 21% from renewable energy sources and about 19% from nuclear energy.
Here's Why You Should Retain Norfolk Southern Stock Now
Norfolk Southern's bottom line benefits from cost-cutting efforts. The shareholder-friendly approach is encouraging.
Norfolk Southern reaches tentative agreements with five more labor unions
Norfolk Southern has reached tentative, five-year labor agreements with five unions, the U.S. railroad operator said on Friday, at a time when thousands of employees in the industry are negotiating for better pay and working conditions.
Southern's Unit to Launch Renewable Initiative for Microgrid
SO's subsidiary, PowerSecure, plans to launch a 100% renewable fuel initiative with HVO at Durham microgrid, highlighting its commitment to clean energy and sustainability.
Norfolk Southern reaches agreements with four labor unions
Norfolk Southern said on Friday it has reached tentative, five-year collective bargaining agreements with four labor unions.
Norfolk Southern Q2: This Freight Train Is On Track For Long-Term Returns
Norfolk Southern's Q2 was mostly positive in my opinion, with the firm expanding operating income thanks to efficiency improvements at the railroad. The firm's ability to deliver real cost-savings and efficiency improvements in Q2 increases the credibility of their long-term target of an operating ratio below 60%. My base-case valuation suggests shares are fairly valued at present time, which, combined with margin expansion, suggests a long-term opportunity may be present in shares.
Southern Energy Corp. Announces Second Quarter 2024 Financial and Operating Results
CALGARY, AB / ACCESSWIRE / August 20, 2024 / Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU)(AIM:SOUC)(OTCQX:SOUTF), an established producer with natural gas and light oil assets in Mississippi, announces its second quarter financial and operating results for the three and six months ended June 30, 2024. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and related management's discussion and analysis (the "MD&A") for the three and six months ended June 30, 2024, which are available on the Company's website at www.southernenergycorp.com and have been filed under the Company's profile on SEDAR+ at www.sedarplus.ca.
Southern's (SO) Unit Elevates Grid Reliability With UAS Tech
Southern's (SO) division Georgia Power enhances grid reliability using unmanned aerial systems (drones) for safer, faster and cost-effective transmission line inspections across Georgia.
Norfolk Southern: Sit Back, Watch Buybacks Boost Shares
Norfolk Southern is a freight railroad company operating in the eastern USA, shipping merchandise, intermodal units, and coal. The company faced a significant financial impact in 2023 due to a train derailment incident in Eastern Ohio, resulting in decreased net income. Norfolk Southern has a strong economic moat due to factors such as limited competition, barriers to land acquisition, and monopolist status, leading to high margins and returns on equity.
Southern Company (The) (SO) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Southern Co. (SO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
