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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle (EV) news for Thursday includes the stocks of several companies in the space running lower today. Source: Shutterstock EV stocks are falling today, but it doesn’t seem like it has to do with ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Railroad stocks are taking a beating today, at the hand of President Joe Biden’s administration. Biden is attempting to curb anticompetitive behavior within the railroad industry, and the whole class of stocks is sli...
rlesyk/iStock Editorial via Getty Images Kansas City Southern (KSU), which is being sold to Canadian National Railway (CNI), dropped 6.1% on a report that the Biden administration is pushing regulators to evaluate consolidation and anticompetitive pricing in the railroad and ocean s...
CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that KCS has scheduled a virtual Special Meeting of Stockholders (“Special Meeting”) to vote on the proposed combination with CN on August 19, 2021, at 9:00 a.m. Central Tim...
The Association of American ((AAR)) reports total weekly US rail traffic up 17.1% to 512,919 carloads and intermodal units for the week ending July 3, 2021.Total carloads up 22.8% to 236,846; intermodal volumes up 12.6% to 276,073 containers and trailers when compared to the same pe...
CN-KCS STB filing meets the unlawful control and public interest tests of the STB CN and KCS note overwhelming support for voting trust and pro-competitive combination from more than 30 elected officials, including Congressmen Sam Graves and Bennie Thompson At end of c...
Over 70 multi-billion dollar deals announced in the first half of the year. SPAC IPOs pick up pace and Chamath Palihapitiya files four new biotech focused SPACs. Icon completes the acquisition of PRA Health Sciences. For further details see: Merger Arbitrage Mondays - MK...
The over 50 megadeals announced so far this year matched the number of megadeals in all of 2020 and that pace is likely to continue, according to M&A experts.Transactions of at least $5B would not only top last year, but likely the last several years, according to PWC analysis. Through Ma...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Kansas City Southern (KCS) (NYSE: KSU) has released its 2020 sustainability report, “For the Long Haul: Delivering Prosperity, Valuing People, Protecting the Planet.” The report is available in the Corporate Responsibility section of www.kcsouthern.com . “Wi...
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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...