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Norfolk Southern rejects Canadian Pacific's merger proposal
2015-12-04 15:03:10| Railroads - Topix.net
This Oct. 23, 2014 file photo shows a Norfolk Southern locomotive on Chicago's south side. Norfolk Southern has rejected Canadian Pacific's proposal to combine the two railroads.
Tags: southern
canadian
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norfolk
Canadian province Manitoba to cut emissions, set carbon cap
2015-12-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Manitoba pledged on Thursday to cut greenhouse gas emissions and start a carbon cap and trade system, the latest Canadian province to set long-term targets to fight climate change. Premier Greg Selinger's New Democratic Party government, which faces an election in April, said Manitoba will aim to cut emissions by one-third by 2030 from 2005 levels. The province, whose economy depends on farming, manufacturing and mining, will seek to be carbon-neutral by 2080, Selinger said. Manitoba will also...
Norfolk Southern Rejects Canadian Pacific's Merger Proposal
2015-12-04 13:58:19| Railroads - Topix.net
Norfolk Southern Corp. said Friday that its board determined the proposal was "grossly inadequate, creates substantial regulatory risks and uncertainties that are highly unlikely to be overcome and is not in the best interest of the company and its shareholders."
Tags: southern
canadian
proposal
norfolk
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
Canadian National Railway Company (CNR) Insider Sells C$104,000.00 in Stock
2015-12-04 06:42:32| Railroads - Topix.net
Canadian National Railway Company insider Michael A. Cory sold 1,300 shares of the stock in a transaction on Tuesday, December 1st. The shares were sold at an average price of C$80.00, for a total transaction of C$104,000.00.
Tags: company
national
stock
canadian
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