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Southern states brace for flooding as overflowing Midwest rivers recede

2016-01-01 12:33:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Residents of southern states along the Mississippi River are bracing for the flooding that has swamped communities from the Ohio River Valley to eastern Oklahoma over the last week, causing thousands of evacuations and killing at least 31 people. Officials in Louisiana are checking levees daily, and Exxon Mobil Corp has decided to shut its 340,571 barrel-per-day refined products terminal in Memphis, Tennessee, as floodwaters threatened to inundate the facility just south of the city's downtown....

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Norfolk Southern Corp. (NYSE:NSC) Receives Consensus Rating of "Hold" from Analysts

2015-12-31 22:51:35| Railroads - Topix.net

Norfolk Southern Corp. has earned a consensus rating of "Hold" from the twenty-two brokerages that are currently covering the firm, MarketBeat.Com reports . Three research analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation and four have issued a buy recommendation on the company.

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Kansas City Southern (KSU) Downgraded by TheStreet

2015-12-31 06:22:27| Railroads - Topix.net

Kansas City Southern traded down 0.19% during mid-day trading on Monday, reaching $74.27. 1,108,218 shares of the company's stock were exchanged.

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Norfolk Southern Tells Canadian Pacific To 'Go Pound Sand'

2015-12-30 08:32:00| Railroads - Topix.net

Canadian Pacific sweetened its offer for Norfolk Southern by including a contingent value right with a maximum value of $25. The CVR is in addition to the [i] $36 per share cash offer and [ii]45.1% stake in the merged entity that NSC shareholders are to receive; shareholders could convert the CVR to cash at their discretion.

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Why we cant plug Southern Californias massive methane leak

2015-12-29 19:09:21| Extremetech

There's a massive methane leak in Los Angeles, and city officials and the company that owns the property can't do anything to stop it in the short term. We investigate the issue, and the seriousness of the problem.

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