Norfolk Southern Corp. (NYSE:NSC) dropped 1.37% to $61.35. The company reported late Wednesday third-quarter net income rose to $445 million, or $1.19 a share, from $303 million, or 81 cents, a year ago. Analysts surveyed by FactSet Research had predicted the Norfolk, Va.-based transport company would earn $1.09 cents a share on $2.47 billion in revenue. Over the past 52-week, the stock traded within the range of $45.94-$63.18. At today`s closing price, the market capitalization of the company stands at $22.61 billion. Visa Inc. (NYSE:V) slid 0.14% to $79.92. The company said late Wednesday that fiscal fourth-quarter net income came in at $774 million or $1.06 per class A share. The company was expected to make 95 cents a share, according to the average estimate of analysts in a FactSet Research survey. The stock went down more than 9% year-to-date. Torchmark Corporation (NYSE:TMK) fell 0.32% and closed at $55.57. The company said late Wednesday its third-quarter profit rose to $1.41 a share from $1.22 a share in the same quarter last year. Analysts polled by FactSet Research expected the company to earn $1.57 a share on revenue of $846.3 million. The stock opened at $55.13 and was trading within the range of $54.62-$55.89.
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Thursday, October 28, 2010
Top NYSE Stock Losers (NSC, Visa, TMK)
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