Oracle Investment Research Downgrades Norfolk Southern (NSC) to Sell

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Norfolk Southern (NSC) Warns for Q3

September 19, 2012 4:06 PM EDT

Norfolk Southern (NYSE: NSC) announced that third quarter 2012 earnings are expected to be in the range of $1.18 to $1.25 per diluted share, below the consensus of $1.64.

The company cited volume declines in certain markets and lower revenues from fuel surcharges.... More