Newsfeeds - Spark Newswire

3 minute read

CP Shareholders Overwhelmingly Support Proposed CP-KCS Merger Agreement

Today, 3:53 AM

Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) ("CP") today announced that its shareholders voted overwhelmingly in favour of the issuance of CP common shares to Kansas City Southern ("KCS")

1 minute read

Why Are EPAM Shares Trading Higher Premarket?

By Anusuya Lahiri

Today, 3:53 AM

EPAM Systems Inc (NYSE:EPAM) will replace Kansas City Southern (NYSE:KSU) in the S&P 500 effective before trading on December 14. EPAM provides software…

EPAM

1 minute read

News

S&P Dow Jones Indices Announces EPAM Systems To Replace Kansas City Southern In S&P 500, Effective Tuesday, Dec. 14, 2021

By Benzinga Newsdesk

Today, 3:53 AM

https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20211207-1445803/1445803_5ksu.pdf

5 minute read

General
M&A

CN CEO: Railway ‘Not On the Clock’ for Choosing Successor

By FreightWaves

Today, 3:53 AM

Canadian railway CN will not give a specific time frame for when it will elect a new CEO, and the board of directors will open the search to candidates beyond one recently recommended by activist investor TCI Fund Management, according to ou

CNI

3 minute read

General
M&A

CN Leadership Has to Go, Activist Investor Insists

By FreightWaves

Today, 3:53 AM

Activist investor TCI Fund Management is courting shareholders of Canadian railway CN with a plan that TCI says would refocus the railway to achieve operational excellence while touting the environmental benefits of using railroads over truc

CNI

5 minute read

Lower Than Expected Housing Starts and Building Permits Could Be Problems for Homebuilders

By JJ Kinahan

Today, 3:53 AM

Investors have another group of earnings to consider on Tuesday. This week a slew of companies are slated to report earnings including 77 of the 500 stocks that make up the S&P 500. Investors will be looking for signs of supply chain relief and bottlenecks.

AMH

1 minute read

Kansas City Southern Q3 Result Misses Estimates, Carload Volumes Decline 3%

By Akanksha

Today, 3:53 AM

Kansas City Southern (NYSE:KSU) reported third-quarter sales growth of 12.8% year-over-year to $744 million, missing the consensus of $750.66 million. Revenue…

KSU

1 minute read

Kansas City Southern Q3 EPS $2.02 Misses $2.17 Estimate, Sales $744.00M Miss $750.66M Estimate

By Bill Haddad

Today, 3:53 AM

Kansas City Southern (NYSE:KSU) reported quarterly earnings of $2.02 per share which missed the analyst consensus estimate of $2.17 by 6.91 percent. This is a 3.06 percent increase over earnings of $1.96 per share from

KSU

3 minute read

Earnings Scheduled For October 19, 2021

By Benzinga Insights

Today, 3:53 AM

Companies Reporting Before The Bell • Signature Bank (NASDAQ:SBNY) is likely to report quarterly earnings at $3.72 per share on revenue of $513.37 million.

AMOV

5 minute read

Earnings Season Continues with State Street, Albertsons, and Sandvik Announcing on Monday Morning

By JJ Kinahan

Today, 3:53 AM

Stocks appear to be pausing as rates start to rise. Before the U.S. markets opened, short-term U.S. Treasury yields were rising. The five-year yields rose to their highest levels in 20 months per Reuters.

ACI