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Canadian National Railway Company Forecasted to Earn FY2015 Earnings of $4.36 Per Share

2016-01-13 10:00:38| Railroads - Topix.net

Canadian National Railway Company - Analysts at Scotiabank raised their FY2015 EPS estimates for shares of Canadian National Railway Company in a research note issued to investors on Monday, Zacks Investment Research reports. Scotiabank analyst T. Quettawala now anticipates that the brokerage will earn $4.36 per share for the year, up from their prior forecast of $4.33.

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Norfolk Southern Finds Allies in Spurning Canadian Pacific Takeover Bid

2016-01-11 18:02:44| Railroads - Topix.net

Norfolk Southern Corp. is gaining political and customer support for rejecting Canadian Pacific Railway Ltd.'s takeover bid, which could make it harder for the Canadian company and investor Bill Ackman to wage a proxy fight. The U.S. Surface Transportation Board on Jan. 8 posted on its website 17 letters from shippers and lawmakers expressing concern or opposition to the combination.

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Canadian Oil Sands claims victory, calls for Suncor to disclose details to public

2016-01-11 14:12:19| Oil & Gas - Topix.net

Canadian Oil Sands Ltd. is calling on Suncor Energy Inc. to disclose details of how shareholders reacted to its $4.3-billion hostile takeover bid for COS before a Jan. 8 deadline was extended by nearly three weeks. The Calgary-based company claims it won a resounding victory last week, which ended with Suncor extending the deadline for its all-stock offer to Jan. 27 - but without changing what's on the table.

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Nexus Investment Management Has $2,103,000 Position in Canadian Imperial Bank of Commerce

2016-01-11 12:08:37| Grocery - Topix.net

Nexus Investment Management boosted its position in shares of Canadian Imperial Bank of Commerce by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The firm owned 31,922 shares of the company's stock after buying an additional 129 shares during the period.

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Canadian National Railway (CNI) Position Maintained by Smithbridge Asset Management

2016-01-10 05:45:44| Railroads - Topix.net

Smithbridge Asset Management maintained its stake in shares of Canadian National Railway during the fourth quarter, according to its most recent Form 13F filing with the SEC. The hedge fund owned 33,730 shares of the company's stock at the end of the fourth quarter.

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