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Norfolk Southern profits complicated by derailment insurance payments, proxy fight and productivity

Summary by My Mother Lode
Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient. The Atlanta-based railroad said it earned $737 million, or $3.25 per share, in the quarter, but there were several unusual factors influencing the results. And last year’s $356 million profit, or $1.56 per share, was heavily weigh…

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Associated Press NewsAssociated Press News

Norfolk Southern results complicated by derailment insurance payments, proxy fight and productivity

Norfolk Southern got a boost during the second quarter from insurance payments related to last year's disastrous East Palestine derailment, but it also made progress in reducing its expenses and

·United States
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abc Newsabc News

Norfolk Southern profits complicated by derailment insurance payments, proxy fight and productivity

Norfolk Southern got a boost during the second quarter from insurance payments related to last year's disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient

·United States
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Live MintLive Mint

Norfolk Southern profits complicated by derailment insurance payments, proxy fight and productivity

Norfolk Southern profits complicated by derailment insurance payments, proxy fight and productivity

·New Delhi, India
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WPLGWPLG

Norfolk Southern results complicated by derailment insurance payments, proxy fight and productivity

Norfolk Southern got a boost during the second quarter from insurance payments related to last year's disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient.The Atlanta-based railroad said it earned $737 million, or $3.25 per share, in the quarter, but there were several unusual factors influencing the results. And last year's $356 million profit, or $1.56 per share, was heavily weighe…

·Miami, United States
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WKMGWKMG

Norfolk Southern results complicated by derailment insurance payments, proxy fight and productivity

Norfolk Southern got a boost during the second quarter from insurance payments related to last year's disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient.The Atlanta-based railroad said it earned $737 million, or $3.25 per share, in the quarter, but there were several unusual factors influencing the results. And last year's $356 million profit, or $1.56 per share, was heavily weighe…

·Orlando, United States
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My Mother LodeMy Mother Lode

Norfolk Southern profits complicated by derailment insurance payments, proxy fight and productivity

Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient. The Atlanta-based railroad said it earned $737 million, or $3.25 per share, in the quarter, but there were several unusual factors influencing the results. And last year’s $356 million profit, or $1.56 per share, was heavily weigh…

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