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Why not just buy a craft brewery? - Interview, Mark Sandys, global head of beer, Diageo - Part I

2016-04-11 17:39:00| Daily beverage news and comment - from just-drinks.com

In the first of a two-part interview, Diageo's global head of beer, Mark Sandys, talks to just-drinks' Lucy Britner about craft breweries, the company's new Open Gate Brewery project and why innovation is a growing part of Diageo's beer

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Heartland Express, Inc. (HTLD) Lifted to Buy at Zacks Investment Research

2016-04-11 17:13:30| Trucking - Topix.net

The brokerage currently has $20.00 price target on the stock. According to Zacks, "Heartland Express, Inc. is a short-to-medium haul truckload carrier based near Iowa City, Iowa.

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Canadian Pacific ends bid to buy Norfolk Southern

2016-04-11 14:45:20| Railroads - Topix.net

A deal would have expanded Canadian Pacific's rail network across the U.S. Calgary, Canada-based Canadian Pacific operates railroads in Canada and parts of the U.S. Midwest and South, while Norfolk Southern of Norfolk, Virginia operates railroads along the East Coast, Midwest and South.

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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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