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Wabtec: 'Solid' 4Q23, 'Strong' Order Pipeline

Wabtec: 'Solid' 4Q23, 'Strong' Order Pipeline
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Caterpillar (CAT) PT Raised to $338 at TD Cowen

Caterpillar (CAT) PT Raised to $338 at TD Cowen
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Report: Activist Investor Attempting NS Takeover

Report: Activist Investor Attempting NS Takeover
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Report: Activist Investor Attempting NS Takeover - Commentary Through Our Railway Age Colleagues

ATLANTA ––According to an unsubstantiated late-Jan. 31 Wall Street Journal article, an investor group led by activist Ancora Holdings Group, LLC intends to run a proxy fight and replace Norfolk Southern President and CEO Alan Shaw. Ancora has reportedly built a position in NS and would likely try to take control of the Board to enact management and operational changes. We highlighted this as the number one risk in our downgrade earlier this week. NSC was up ~5% after hours.

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Report: Activist Investor Attempting NS Takeover

Report: Activist Investor Attempting NS Takeover
railwayage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railwayage.com Daily Mail and Mail on Sunday newspapers.

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