Norfolk Southern has reached an agreement with Ancora Holdings to prevent the investor from initiating a similar campaign to gain control of the railroad again.
S&P futures are down 0.1% in Wednesday morning trading after mixed performance on Tuesday, where the S&P 500 logged its first back-to-back decline since early September. Builders, A&D, auto parts, and telecom lagged, while banks, cable, and tobacco outperformed. Asian markets were mixed overnight, with Hong Kong and South Korea up over 1%, while Japan
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Equities moved higher on Wednesday with a rebound in AI sentiment leading to Tech. and Nasdaq outperformance. For the day, the Nasdaq composite led the major US indices higher adding 2.17% while the S&P 500 gained 1.07 while the Dow brought up the rear advancing 0.31%. At the sector level, Tech shares paced gains up
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Norfolk Southern CEO Alan Shaw has been replaced by finance chief Mark George with immediate effect.
A legal case has been brought against the well-known ‘Shark Tank’ product, Poppi prebiotic soda, claiming that the drink may not actually have the gut health benefits that it is promoted to have. The plaintiff, Kristin Cobbs of San Francisco, is leading the lawsuit.
A legal complaint filed against the popular TV show ‘Shark Tank’ product, Poppi prebiotic soda, claims that the drink may not be as beneficial for the gut as claimed in its advertisements. Kristin Cobbs of San is the plaintiff in the lawsuit.
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