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Tag: canadian
Norfolk Southern Tells Canadian Pacific To 'Go Pound Sand'
2015-12-30 08:32:00| Railroads - Topix.net
Canadian Pacific sweetened its offer for Norfolk Southern by including a contingent value right with a maximum value of $25. The CVR is in addition to the [i] $36 per share cash offer and [ii]45.1% stake in the merged entity that NSC shareholders are to receive; shareholders could convert the CVR to cash at their discretion.
Tags: southern
pacific
canadian
tells
Canadian Pacific Railway Limited (CP) - Research Analysts' Recent Ratings Changes
2015-12-30 03:17:31| Railroads - Topix.net
They now have an "overweight" rating on the stock. 12/17/2015 - Canadian Pacific Railway Limited had its "outperform" rating reaffirmed by analysts at Scotiabank.
Tags: recent
research
limited
changes
Canadian railways penalized for excess grain revenues
2015-12-29 23:12:56| Railroads - Topix.net
Dec 29 The Canadian government said on Tuesday that it has fined the country's two big railways, Canadian National Railway Co and Canadian Pacific Railway Ltd, for earning too much revenue from hauling western grain during the 2014/15 crop marketing year. Ottawa implemented the grain revenue cap in 2000 after it eliminated a subsidy for grain movement by rail called the Crow Rate.
Tags: canadian
excess
revenues
grain
Canadian National Railroad: The Best Bargain Going Into 2016
2015-12-29 22:12:30| Railroads - Topix.net
Canadian National Railroad has consistently been the best railroad in North America. It owns the largest network of railroads which spans across Canada and goes down the United States to the Gulf Coast.
Tags: into
national
canadian
bargain
Canadian Oil Sands tells shareholders to reject Suncor bid as deadline looms
2015-12-29 18:27:39| Oil & Gas - Topix.net
Canadian Oil Sands is again urging its shareholders to reject a takeover bid by Suncor Energy, which has set Jan. 8 as the deadline for investors. The company sent a letter to its shareholders Tuesday in the latest back-and-forth between the two Calgary-based firms, saying it can weather prolonged low oil prices on its own and thrive once crude recovers.
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