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Tag: pacifics
Norfolk Southern rejects Canadian Pacific's 'grossly inadequate' buyout bid
2015-12-04 13:58:18| Railroads - Topix.net
The railroad company said on Nov. 17 that it received a buyout bid, in which Norfolk shareholders would received $46.72 in cash and 0.348 shares in a new company that would own the new combined company, for each Norfolk share they own. At the time, that worked out to about a 10% premium.
Tags: southern
bid
canadian
norfolk
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
Union Pacific's Third Quarter: Elephants Can Dance
2015-10-25 17:19:39| Railroads - Topix.net
Union Pacific saw large revenue declines relative to the same period in 2014. That's true, but Q3 2014 was the highest revenue in the company's history.
Tags: union
dance
quarter
elephants
Union Pacific's (UNP) CEO Lance Fritz on Q3 2015 Results - Earnings Call Transcript
2015-10-23 00:06:46| Railroads - Topix.net
Greetings and welcome to Union Pacific's Third Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded, and the slides for today's presentation are available on Union Pacific's website.
STB backs Union Pacific's denial of service during labor dispute
2015-10-14 17:42:11| Railroads - Topix.net
The Surface Transportation Board has denied a petition by a Texas metal producer that, if approved, would have forced the Union Pacific Railroad Co. to restore rail service at the producer's plant in the midst of an employee lockout.
Tags: service
union
labor
dispute
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