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Canadian Pacific Railway Reportedly Ends Proxy Fight For Norfolk Southern
Tuesday, February 9, 2016 - 12:22pm | 188Read More...Shares of Norfolk Southern Corp. (NYSE: NSC) were highly volatile on Tuesday after reports surfaced that Canadian Pacific Railway Limited (NYSE: CP) plans on abandoning its proxy fight for Norfolk Southern. Norfolk Southern's stock was trading at an intra-day high of $73.29 on Tuesday before...
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Norfolk Southern (Again) Rejects Canadian Pacific Buyout Proposal
Monday, December 14, 2015 - 11:46am | 400Read More...On Monday, Norfolk Southern Corporation (NYSE: NSC) officially announced that its buyout proposal from Canadian Pacific Railway Limited (NYSE: CP) had been rejected. The latest news follows an earlier rejection of the takeover by the company's board of directors on December 4. Norfolk...
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Railroad Benchmarking: Canadian Rails Top Barclays' Quarterly Review
Thursday, November 12, 2015 - 1:14pm | 371Read More...Brandon Oglenski of Barclays began a new quarterly research report on the North America Airfreight & Ground Transportation sector. Oglenski benchmarked the major North American railroads on revenue, cost, efficiency and financial measures. Oglenski's first-ever carrier rankings...
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U.S. Produced Fewer Than Expected Jobs In October
Sunday, November 9, 2014 - 9:16pm | 666Read More...U.S. stocks were little changed to close last week as U.S. data showed the economy created fewer than expected jobs in October. However, the unemployment rate declined to a six-year low of 5.8 percent. The unemployment rate continues to improve, inching closer to the Fed's 5.4 percent to 5....
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Bill Ackman Takes $2.2 Billion Stake In Air Products (APD)
Wednesday, July 31, 2013 - 7:46am | 506Read More...Wednesday morning, CNBC broke the news that activist investor Bill Ackman has taken a 9.8 percent stake in Air Products & Chemicals (NYSE: APD). The stock is up four percent in pre-market trading. Ackman’s Pershing Square Capital, best known for its recent battle with billionaire Carl Icahn...
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Barron's Recap for March 9: Wall Street's Favorite Guru
Saturday, March 9, 2013 - 3:55pm | 881Read More...This weekend in Barron's online: a profile of Howard Marks, investors return to online brokers, and the prospects for Bed Bath & Beyond, Live Nation Entertainment and Genworth Financial. Cover Story "Master of Disaster" by Jonathan R. Laing. This week's cover story is a profile of Howard...
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Dahlman Rose's Rail Transportation Report
Monday, October 18, 2010 - 8:28am | 227Read More...Dahlman Rose has issued a research report on Rail Transportation reporting upbeat tones for earnings season as EPS results are better than expected. In the report, Dahlman Rose writes "Weekly changes in rail traffic were led by a 36% increase in metallic ores and mineral volumes vs the prior week's...
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COT, CP, CNI Downgraded To Hold
Tuesday, October 12, 2010 - 10:25am | 47Read More...Stifel Nicolaus has downgrade the following companies from Buy to Hold: Cott (NYSE: COT) Canadian Pacific (NYSE: CP) Canadian National Rail (NYSE: CNI)
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Goldman On Transportation
Wednesday, October 6, 2010 - 8:18am | 418Read More...Goldman Sachs has issued a report on America's Transportation industry. In the report, Goldman writes "We expect railroad results to be mixed following more broad-based industry strength in recent quarters—as companies begin to bring assets/costs back on line to support increased volumes. For...
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Canadian Pacific to host Investor Conference (CP)
Friday, May 28, 2010 - 4:10pm | 169Read More...Canadian Pacific (NYSE: CP) will host an Investor Conference in Calgary, Alberta on Wednesday, June 2, 2010. Investors and analysts will hear about the railroad's current initiatives and strategy for continued growth. A live audio webcast of the Investor Conference and the presentation slides will...
