Summary
NORFOLK, Va. - Norfolk Southern Corp.'s fourth-quarter net income fell 60 percent as the railroad company took after-tax charges related to voluntary staff reductions and a decline in the value of some telecommunications assets.
Norfolk Southern earned $52 million, or 13 cents per share, in the quarter ended Dec. 31, compared with net income of $129 million, or 33 cents per share, in the final quarter of 2002, the company reported Wednesday.See the full content of this document
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Norfolk Southern Earnings Down
Without the charges, fourth-quar...
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