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CN's net profit rises 13 per cent to $704 million in first quarter

2015-04-21 00:29:01| Railroads - Topix.net

Canadian National Railway says milder weather and strong freight demand contributed to a 13 per cent increase in net profit to $704 million in the first quarter on $3.1 billion of revenue. The country's largest railway said it earned 86 cents per diluted share in the three months ended March 31, compared with 75 cents per share or $623 million a year ago.

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Indian media firms ditch Internet.org in net neutrality row

2015-04-16 02:00:00| Total Telecom industry news

NDTV, Times Group, others pull out of Facebook-led project; TRAI consultation on net neutrality to run until early May.

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Pep Boys posts $27M net loss

2015-04-15 23:09:16| Auto Parts - Topix.net

Pep Boys Manny, Moe & Jack posted a net loss of $27.3 million for the fiscal year ended Jan. 31 as the company took millions in goodwill and asset impairment charges in the fourth quarter. The net loss contrasted with net income of $6.9 million in fiscal 2013.

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Six net neutrality lawsuits: What are the complaints about?

2015-04-15 19:57:00| Telecom - Topix.net

One of the main arguments for the trade groups and ISPs that have filed six-yes, six-lawsuits against the U.S. Federal Communications Commission's net neutrality rules is that the agency violated a 69-year-old administrative procedure law in crafting the new regulations. The two ISPs and four trade groups filing lawsuits in recent days have challenged the FCC's decision-as part of the new net neutrality rules-to reclassify broadband as a regulated, common-carrier service, instead of its long-standing classification of broadband as a lightly regulated information service.

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Cadillac boosts performance of ELR plug-in hybrid for MY2016, cuts MSRP by $9K; $58,495 net after Fed credits

2015-04-15 19:55:33| Green Car Congress

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