Norfolk Southern slumps on weak 1Q forecast

April 14, 2015 12:13 AM

58 0

New York • Railroad operator Norfolk Southern is forecasting disappointing first-quarter results as demand for coal continued to fall.

Its shares sank $4.91, or 4.7 percent, to $99.96 in aftermarket trading.

Also read: Qualcomm says Apple to stop paying royalties, cuts profit forecast

Read more

To category page