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CN (TSX: CNR) (NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that Dr. William Huneke, the former Director of the Office of Economics and Chief Economist at the Surface Transportation Board (“STB”) has written an op-ed, which was publ...
CAI International and Mitsubishi HC Capital join forces. At Home Group receives an improved offer but its largest shareholder is not happy with the higher offer. Multiple active deals receive required regulatory and shareholder approvals. For further details see: Merger ...
The meme stock mania continues to capture the headlines. Traders betting on top Reddit stocks might make some quick money, but the risks of getting hammered on the pullback are also significant. Investors with a buy-and-hold strategy might want to consider some other cheap alternatives toda...
Kansas City Southern (KCS) (NYSE:KSU) will release its second quarter 2021 financial results on Friday, July 16, 2021, before the opening of trading on the New York Stock Exchange. KCS will also hold its second quarter 2021 earnings conference call on Friday, July 16, 2021 at 8:45 a...
MONTREAL and KANSAS CITY, Mo., June 17, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that support for their pro-competitive proposed combination continues to grow. One hundred additional letters have been ...
Additional 100 letters from customers, suppliers, elected officials and other stakeholders filed with the STB highlighting benefits of CN and KCS combination CN (TSX: CNR) (NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that support for...
The Association of American Railroads ((AAR)) reports total weekly US rail traffic up 17.9% to 529,635 carloads and intermodal units for the week ending June 12, 2021.Carloads up 21.8% to 241,628; intermodal volume up 14.8% to 288,007 containers and trailers when comp...
A bidder has come in with an opportunisitic tender offer for Centro Norte Airports stock at $55/share. This offer is much too low. Centro Norte was my favorite travel recovery stock in 2020, and the thesis remains full steam ahead now. Centro Norte is cheap compared to fair va...
Tamas-V/iStock Editorial via Getty Images Canadian National Railway (CNI) and Kansas City Southern (KSU) said the companies submitted final documents requested by the Surface Transportation Board in support of approval for a voting trust. The documents include opinions of financial advisors, ...
Companies have submitted financial documentation requested by STB in support of request for STB approval of voting trust CN and KCS one step closer to creating the premier railway for the 21 st century Verified statement by KCS CFO Michael Upchurch emphasizes...
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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...