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Reuters

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Business & Economics

Norfolk Southern beats profit estimates helped by cost cuts, insurance recovery

Reuters
Summary
Nutrition label

81% Informative

Shares of Norfolk Southern were up 4% in early morning trading.

Norfolk had taken a hit of about $1.4 billion in last two years due to a derailment in Eastern Ohio in 2023 .

Insurance recoveries related to the accident exceeded expenses by $43 million in the fourth quarter .

VR Score

93

Informative language

99

Neutral language

70

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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