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Many obstacles for Canadian Pacific Railway takeover of Norfolk Southern

2015-11-19 01:01:06| Railroads - Topix.net

Canadian Pacific Railway's dream of creating North America's largest railway faces a long and uncertain future following Norfolk Southern's cool initial response to the Calgary company's US$28-billion takeover proposal. The deal would see the merged company oversee about 53,000 kilometres of track - greater than the circumference of Earth - that stretches from the Pacific to the Atlantic Ocean and south to the Gulf of Mexico.

Tags: southern pacific canadian norfolk

 

Canadian Imperial Bank Of Commerce: Strong Enough To Continue 2014's Record Performance?

2015-11-18 22:32:25| Grocery - Topix.net

Canadian Imperial Bank of Commerce earned record revenue of $13.4 billion CAD in 2014. We'll see if it is on track to beat that figure for 2015.

Tags: continue performance record strong

 
 

Chinese Canadian history series kicks off

2015-11-18 08:24:43| Railroads - Topix.net

Learn about the role the Chinese played in Canadian history from the Richmond Public Library's Chinese Canadian History Series. Based on an award-winning book Blood & Sweat Over the Railway Tracks , a seminar will detail the life and work conditions of the Chinese labourers who built the Canadian Pacific Railway.

Tags: history series chinese canadian

 

Norfolk Southern considering Canadian Pacific's merger offer

2015-11-18 01:00:00| Railway Technology

Canadian Pacific (CP) has made an offer to buy US rail company Norfolk Southern (NS) for $28.4bn, which would create the largest rail company in North America.

Tags: offer southern canadian norfolk

 

Canadian Pacific bids for railroad rival Norfolk Southern

2015-11-17 23:55:33| Railroads - Topix.net

In this May 14, 2015, file photo, Canadian Pacific Railway CEO Hunter Harrison speaks at the company's annual meeting in Calgary, Alberta.

Tags: southern pacific canadian bids

 

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