Norfolk Southern warns of revenue hit tied to Baltimore bridge

) shares are falling during Wednesday's trading session after the company reported disappointing first-quarter results, missing analyst expectations on both revenue and adjusted EPS.

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Norfolk Southern to Pay $600 Million in Train Derailment Lawsuit SettlementNorfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in eastern Ohio. The settlement will resolve all class action claims within a 20-mile radius from the derailment and personal injury claims within a 10-mile radius. Affected individuals and businesses can use the compensation to address healthcare needs, property restoration, and business losses.
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Norfolk Southern agrees to pay $600-million in settlement related to train derailment in eastern OhioThe company said the agreement would resolve all class action claims within a 20-mile radius from the derailment and personal injury claims within a 10-mile radius from the derailment
Source: globeandmail - 🏆 5. / 92 Read more »