Norfolk Southern Stalls Amid Earnings Miss

Weak coal demand has taken some of the fire out of Norfolk Southern’s (NSC) earnings engine. The railroad operator posted earnings of $1.46 a share on sales of $2.08 billion, missing expectations for $1.49 a share on sales of $2.85 billion. Shares declined in extended-hours trading, falling 1.26% to $75.90. Norfolk’s profit slid 11% due [...]