KSU News and Press, Kansas City Southern From 09/02/21

What a wild few days it’s been for Canadian National Railway (TSX:CNR) (NYSE:CNI) . After news broke that the company’s Kansas City Southern (NYSE:KSU) deal had been rejected, the company’s stock actually rallied, rising 7% in a single day ...

The Surface Transportation Board has rejected Canadian National's proposed voting trust, effectively sinking their acquisition of Kansas City Southern. A merger with Canadian Pacific now seems inevitable. The new CPKC projects to be a strong firm at a reasonable valuation. I conti...

Don’t look now, but it’s off to the races for shares of CN Rail (TSX:CNR) (NYSE:CNI) , which soared around 8% in Tuesday’s trading session on news that its voting trust bid for Kansas City Southern (NYSE:KSU) got rejected. Undoubtedly, U.S. rail ...

U.S. stocks rose slightly Wednesday led by technology shares after the S&P 500 notched a seven-month win streak in August. The Dow Jones Industrials dropped 50.9 points to start the day at 35,309.83. The S&P 500 plowed ahead 5.22 points to 4,527.90. The index has had a p...

Canadian National Railway (TSX:CNR) (NYSE:CNI) jumped 7% Wednesday morning after news came in that the Surface Transportation Board (STB) wouldn’t support its Kansas City Southern (NYSE:KSU) deal. Meanwhile, the support of its rival Canadian Pacific Railway ...

Read the full story here: For further details see: Wall Street Breakfast: Hurricane Ida Losses May Top $15 Billion (Podcast)

Kansas City Southern (NYSE: KSU) (“KCS”) today issued the following statement in response to the Surface Transportation Board’s ("STB") decision to deny the use of a voting trust in connection with the definitive merger agreement between CN (TSX: CNR, NYSE: CNI) and...

MONTREAL, Aug. 31, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) today issued the following statement in response to the recent decision by the Surface Transportation Board (“STB”) in relation to CN’s proposed combination with Kansas City Southern (NYSE: KSU) ( ...

Shares of Canadian National Railway (NYSE: CNI) spiked as much as 10% higher on Tuesday after the railroad was dealt a blow to its effort to acquire rival Kansas City Southern (NYSE: KSU) . Investors appear to be betting Canadian National will do just fine even if the de...

Initial public offerings and merger & acquisition announcements involving special-purpose acquisition companies (SPACs) slowed significantly during Q2, according to an S&P Global Market Intelligence report. SPAC IPOs as a percentage of traditional IPOS fell to 26.7% in Q2 2021, the lo...