Newsfeeds - Spark Newswire

1 minute read

Stephens & Co. Maintains Equal-Weight on Canadian National Railway, Raises Price Target to $120

Today, 9:05 PM

Stephens & Co. analyst Justin Long maintains Canadian National Railway (NYSE:CNI) with a Equal-Weight and raises the price target from $114 to $120.

CNI

1 minute read

BMO Capital Downgrades Canadian National Railway to Market Perform, Raises Price Target to $155

By vishwanath@benzinga.com

Today, 9:05 PM

BMO Capital analyst Fadi Chamoun downgrades Canadian National Railway (NYSE:CNI) from Outperform to Market Perform and raises the price target from $150 to $155.

CNI

1 minute read

News

Canadian National Railway Co Executive Says Expects Headcount Reduction Of 650

By Benzinga Newsdesk

Today, 9:05 PM

-Reuters

CNI

5 minute read

Canadian National Outlines Details Of Its Strategic Plan, Including Resuming Buybacks, Increasing Shareholder Returns, Cutting Capex

By Benzinga Newsdesk

Today, 9:05 PM

Ambitious value creation plan targeting C$700 million of additional operating income, as well as a 57% operating ratio for 2022 Leveraging previous strategic investments and the strong condition of the existing network

CNI

1 minute read

Why Canadian National Railway’s Stock Is Trading Higher Today

By Benzinga Insights

Today, 9:05 PM

Canadian National Railway (NYSE:CNI) shares are trading higher after Kansas City Southern announced it will terminate the merger proposal between the two companies.

CNI

1 minute read

News

CN Acknowledges TCI Announcement Of Shareholder Meeting Requisition; Co Says Has Not Yet Received The Formal Requisition From TCI; Says Once CN Is In Receipt Of Requisition, It Will Review It And Comment Further In Due Course

By Benzinga Newsdesk

Today, 9:05 PM

-Reuters

CNI

3 minute read

5 Largest US M&A Deals In Q2: Railways, Health Care, REITS And More

By Chris Katje

Today, 9:05 PM

Global merger and acquisition activity topped $1 trillion in the second quarter of 2021, with the U.S alone topping $500 billion. This was the third quarter in a row that this happened globally and in the U.S.

AAPL

2 minute read

General
M&A

KCS Punts Merger Vote Until Late September

By FreightWaves

Today, 9:05 PM

Kansas City Southern shareholders are holding off on voting on merger proposals from CN and, apparently, Canadian Pacific until late September.

CNI

1 minute read

News

Kansas City Southern Adjourns Special Meeting Of Stockholders Until September 24, 2021

By Benzinga Newsdesk

Today, 9:05 PM

Kansas City Southern (NYSE:KSU) ("KCS") today announced that it has adjourned the Special Meeting of Stockholders (the "Special Meeting") for KCS stockholders to vote on the previously announced

CNI

5 minute read

KCS Shareholders In Hot Seat As CP Sets Deadline On Merger Offer

By FreightWaves

Today, 9:05 PM

It's up to Kansas City Southern's shareholders now to determine whether the railway will continue its plan to merge with CN or revert to Canadian Pacific.

CNI