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Canadian Pacific terminates efforts to buy Norfolk Southern

2016-04-11 14:45:19| Railroads - Topix.net

Canadian Pacific Railway Ltd said on Monday it had terminated efforts to buy Norfolk Southern Corp, almost six months after it launched its unsolicited bid. "We have long recognized that consolidation is necessary for the North American rail industry to meet the demands of a growing economy, but with no clear path to a friendly merger at this time, we will turn all of our focus and energy to serving our customers and creating long term value for CP shareholders," said Chief Executive Hunter Harrison said in a statement.

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Canadian Pacific scraps efforts to buy Norfolk Southern

2016-04-11 14:45:18| Railroads - Topix.net

The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement Canadian Pacific Railway had proposed as part of its bid. Calgary-based CP, Canada's second-largest railroad operator, launched its takeover bid for Norfolk Southern in mid-November, touting potential savings of more than $1.8 billion annually.

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Hunter Ultrasonics Ready For Stricter Tier 4 Canadian Emissions Regulations

2016-04-11 05:34:30| pollutiononline Home Page

Canada’sOff-Road Compression-Ignition Engine Emission Regulationsnow have stricter standards than those first introduced by the Government of Canada in 2006

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Westar said to attract bid interest from Ameren, Canadian funds

2016-04-09 19:02:01| Energy - Topix.net

Westar Energy Inc., the biggest electric utility in Kansas, has drawn takeover interest from rival Ameren Corp. as well as an investor consortium that includes Borealis Infrastructure Management Inc. and the Canada Pension Plan Investment Board, according to people familiar with the matter. Westar is working with Guggenheim Partners to field interest, the people said, asking not to be identified as the discussions aren't public.

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Canadian researchers mosquito trap offers hope in fight against Zika spread

2016-04-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: A new mosquito trap designed by a Canadian researcher is almost seven times more effective than conventional devices, according to a new study conducted in northern Guatemala, providing hope that the spread of mosquito-borne viruses such as Zika can be better controlled. Laurentian University researcher Dr. Gerardo Ulibarri has been crafting and testing mosquito traps for years. His latest is called the ovillanta. The low-cost trap, made from discarded tires and other recycled materials, has proven...

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