Norfolk Southern posts slight drop in 3Q profit amid lower freight
Norfolk Southern reported a 6 percent fall in third quarter net income to 657 million dollars or 2.49 per share as freight volume declined 6 percent. Revenue slipped to 2.84 billion, eclipsing forecasts, with price increases partially offsetting the volume drop. The company cut expenses by 4 percent to 1.85 billion.
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Norfolk
Norfolk Southern
Wall Street
Zacks Investment Research
Citi
Christian Wetherbee
CSX
Union Pacific
Norfolk Southern Corp
UAW Strikers Reflect Broad Economic Anxiety
In Detroit workers gathered near a GM plant, debating pay, jobs, and the costs of modern production. The six week GM strike underscores nationwide worries over wage growth, job security, and the impact of contract labor on middle class families.
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UAW
Detroit
Detroit- Hamtramck
General Motors
U.S
Gerald Crump
Macomb
Mich
Linda Crooks
Sander
Harley Shaiken
University of California, Berkeley
Shaiken
Bruce Springsteen
Youngstown
Resuscitation device maker raises 8 million in funding
Durham based 410 Medical raises 8 million from Hatteras Venture Partners and OSF Healthcare to expand LifeFlow sales. The LifeFlow device, gun shaped and handheld, aids rapid fluid delivery for shock, sepsis, trauma. Co founder Dr Mark Piehl from WakeMed helped launch the firm in 2013.
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Durham
410 Medical
LifeFlow
WakeMed
Raleigh
Hatteras Venture Partners
OSF Healthcare
Chenet
News & Observer
Cincinnati Children's Hospital Medical Center
Children's Hospital
Colorado
Hatteras
Jeff Terrell
Mark Piehl
Piehl
UNC
Chapel Hill
Global stocks rise as earnings beat boost markets
U.S. equities climbed with the S&P 500 above 3000 as Apple rose after Morgan Stanley lifted its price target. Boeing guided a 737 Max output boost while Caterpillar lifted on production cuts. Mixed results weighed Philadelphia semiconductor, Texas Instruments and Nike outcomes, oil near 56, and geopolitical moves amid tariffs and sanctions.
MENTIONED IN THIS ARTICLE
U.S
Treasuries
Apple Inc
Morgan Stanley
Boeing Co
Caterpillar Inc
Texas Instruments Inc
Ford Motor Co
Microsoft Corp
PayPal Holdings Inc
Snap Inc
Eli Lilly & Co
Wall Street
Chipotle Mexican Grill Inc
China
Texas Instruments
Caterpillar
Kevin Caron
Washington Crossing Advisors
Beyond Meat Inc
Nike Inc
Ebay
John Donahoe
Mark Parker
Turkey
Donald Trump
Amazon.com
Daimler
Kia Motors
European Central Bank
Bank Indonesia
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Alexa
Amazon
Michelle Peterson
Seattle
Washington
Peterson
Islamabad
Pakistan
BlackBerry
Kashmir
India
India-administered
GM Detroit-Hamtramck Assembly
MAND
Kyle Chener
OSF
Franklin County
U.S. Food and Drug Administration
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