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Industrials News

Treasury to sell more GM shares to wind down remaining stake

Treasury to sell more GM shares to wind down remaining stake

The Treasury Department on Wednesday said it will begin another round of sales of the General Motors Co stock it acquired during the government's bailout of the U.S. auto sector.
Margaret Chadbourn, Reuters
Posted on 6-05-2013 at 8:32 AM
Kristine Owram reportsplay

CP downgraded as Pershing begins to exit

RBC Capital Markets cut its rating on Canadian Pacific Railway shares on Tuesday, the day after activist investor Pershing Square Capital Management said it would sell nearly one-third of...
Euan Rocha, Reuters
Posted on 6-04-2013 at 9:30 AM
Airbus, Boeing battle over long-haul jets heats up

Airbus, Boeing battle over long-haul jets heats up

The battle between Airbus and Boeing over their next-generation of long-haul jets is heating up, with a string of major airlines flagging plans on Monday to place multi-billion dollar...
Siva Govindasamy, Reuters
Posted on 6-03-2013 at 1:43 PM
Pershing Square to sell part of its CP Railway stake

Pershing Square to sell part of its CP Railway stake

Pershing Square Capital Management said on Monday that it plans to sell up to 7 million shares of Canadian Pacific Railway Ltd over the next six to 12 months because the soaring stock now...
Reuters
Posted on 6-03-2013 at 5:48 PM
GE Capital to sell U.S. real estate, Canadian fleet portfolios

GE Capital to sell U.S. real estate, Canadian fleet portfolios

GE Capital will sell off some U.S. real estate assets and its Canadian vehicle leasing business, as part of parent General Electric Co's efforts to reduce the size of the financial unit.
Bijoy Koyitty and Sagarika Jaisinghani, Reuters
Posted on 5-31-2013 at 1:51 PM
CP Rail CEO Hunter Harrisonplay

CP Rail CEO Harrison fixing 'permissive' culture

Canadian Pacific Railway CEO Hunter Harrison shows no sign of backing down in his drive to overhaul the country's second largest railway.
Brady Yauch, BNN.ca
Posted on 5-27-2013 at 2:40 PM
SNC offers amnesty to staff for corruption info

SNC offers amnesty to staff for corruption info

SNC Lavalin Group is offering amnesty to employees who report corrupt activity to the construction and engineering company, which is engulfed in a far-reaching scandal that includes...
Susan Taylor, Reuters
Posted on 5-27-2013 at 11:26 AM
Renault shrugs off electric car setback

Renault shrugs off electric car setback

French carmaker Renault said the collapse of a joint venture aimed at making electric cars more appealing would not hold back its plans for battery-powered vehicles.
Gilles Guillaume, Reuters
Posted on 5-27-2013 at 8:29 AM

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