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CNBC reports: President-elect Donald Trump’s pledge to impose a blanket tariff on all goods coming into the U.S. could ...
CNBC reports:
Activist investor Ancora received a powerful endorsement in its efforts to secure a board change and to oust Norfolk Southern CEO Alan Shaw on Monday, when proxy advisor Glass Lewis recommended the railroad’s shareholders vote for 6 of Ancora’s board nominees.
“We believe Ancora has presented a compelling case for supporting a substantial overahul of the Company’s current leadership,” Glass Lewis said in its report.
The recommendations for the activist nominees, rare at a company of NSC’s size and in its industry, could influence how thousands of investors with millions of shares vote ahead of Norfolk Southern’s shareholder meeting on May 9…
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