The news story you are looking for has expired. A more recent related article is displayed below.

Sponsored Links

Norfolk Southern (NSC) NewsBite - NSC Upgraded By BMO Capital Markets

Sep 03, 2009 (Fresh Brewed Media via COMTEX) --

Company: Norfolk Southern Corp. (NSC)

Norfolk Southern (NSC) was upgraded today by analysts at BMO Capital Markets and the stock is now at $46.11, up $1.62 (3.64%) on volume of 1,793,461 shares traded. The brokerage upped NSC to Outperform from Market Perform. Over the last 52 weeks the stock has ranged from a low of $26.69 to a high of $72.56. Norfolk Southern stock has been showing support around $43.64 and resistance in the $45.68 range. Technical indicators for the stock are bullish and S&P gives NSC a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on NSC the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 40 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Copyright (C) 2009 FreshBrewedMedia. All rights reserved

News Provided by COMTEX

Company: Norfolk Southern Corp. (NSC)


Related terms: market, S&P

Related Articles

BMO Capital Markets Opens Institutional Sales and Trading Office in Paris
Oct 14, 2009
...clients. The new BMO Capital Markets office will significantly...of European Sales, BMO Capital Markets. He brings a new...cross-section of stocks. The new team will...Executive Officer, BMO Capital Markets. "With this opening...

2010 Business Outlook: Flexible Packaging Converting & Markets
Oct 12, 2009
...halved the volume of packaging mergers and acqusitions from 2007 levels, says Doug Lawson, managing director of BMO Capital Markets. But there remains compelling rationale for continued industry consolidation. The drivers: Economies of scale...

BMO Capital Markets Opens New Office In Paris - Banking Business Review : News
Oct 14, 2009
...company, ... BMO Capital Markets, the investment and corporate...head of European sales, BMO Capital Markets. He brings a new group...covering cross-section of stocks. Tom Milroy, CEO of BMO Capital Markets, said: “By expanding...

Intermodal shipping: J.B. Hunt, Norfolk Southern ink intermodal deal
Nov 6, 2009
...shipping: J.B. Hunt, Norfolk Southern ink intermodal deal...I railroad carrier Norfolk Southern to develop a new intermodal...confidence we have in the Norfolk Southern's ability to provide...obvious commitment NSC has made by the significant...