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Canadian Pacific (CP) CEO Keith Creel said he considers Canadian National Railway's (CNI) rival $325/share bid for Kansas City Southern (KSU) as not a real offer. It's not a real deal as far as I'm concerned," Creel said on the company's earning conference call last night. "It's kin...
Shares of Kansas City Southern (NYSE:KSU) traded at a new 52-week high today of $299.70. This new high was reached on below average trading volume as 733,000 shares traded hands, while the average 30-day volume is approximately 1.8 million shares. In the past 52 weeks, shares of Kansas C...
Filing commences regulatory process should Kansas City Southern Board accept CN’s superior proposal of $325 per share CN confident its proposed combination with Kansas City Southern would enhance competition and be in the public interest MONTREAL, April 21, 2021 (GL...
CN Rail (TSX:CNR) (NYSE:CNI) shocked the world on Tuesday with its unprecedented US$30 billion bid for Kansas City Southern (NYSE:KSU) , sparking the start of a bidding war against CP Rail (TSX:CP) (NYSE:CP) in what could be the last big mega-deal in the rail...
There are few investments on the market today that provide as much consistency and growth potential as railroads. This runs contrary to the stereotypical view that railroads lack growth potential. Critics see railroads as older tech remnants of yesteryear with no place in our modern world. ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks took another hit today, as the fatigued run to new all-time highs starts to unwind. The trends are still in bulls’ favor for now, but buyers will need to step in. With all of that in mind, let’s look a...
Tuesday was not a good day for stock market investors, as major market benchmarks were broadly lower on the day. Even as COVID-19 vaccination efforts continue in the U.S., nervousness about a huge spike in case counts in India and elsewhere internationally have some market participants ques...
KCS’ largest customer, Bartlett Grain, supportive of pro-competition, pro-service U.S.-Mexico-Canada combination Supporters Urge the STB to Review the Transaction Efficiently to Realize Benefits to All Stakeholders Canadian Pacific Railway Limited (TSX: CP) (N...
Gainers: Kansas City Southern (KSU) +16%. Sharps Compliance (SMED) +11%. Volt Information Sciences (VOLT) +5%.Losers: Agrify (AGFY) -11%. NL Industries (NL) -10%. AgEagle Aerial Systems (UAVS) -10%. FreightCar America (RAIL) -10%. JanOne (JAN) -9%. For further details se...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Planes, trains and automobiles. It’s a rare occasion nowadays when all three are making headlines in the same day. But today, it’s happening. The race to be the leader of the EV industry is moving auto stock p...
News, Short Squeeze, Breakout and More Instantly...
The yearlong saga by Kansas City Southern (NYSE: KSU) to find a buyer came to an end on Dec. 14, when Canadian Pacific Railway (NYSE: CP) completed its deal to acquire Kansas City stock for $31 billion. But what happens next for the railroads is far from clear, and investors...
Kansas City Southern (KCS) (NYSE: KSU) announced today that the company has been notified that our CDP climate change disclosure, submitted earlier this year, earned a score of A- for 2021. This is an improvement from KCS’ 2020 score and moves KCS to the “Leadership Level&...
Kansas City Southern (NYSE: KSU) (“KCS”) announced that the Company’s stockholders have voted to approve the previously announced combination with Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (“CP”) at today’s virtual Special Meeting of...