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Industrials News

Potential CP-Norfolk rail merger 'highly unlikely,' says analyst
A merger between Canada’s CP Rail and Norfolk Southern is “highly unlikely,” although not impossible, one rail analyst tells BNN.
Posted on 11-10-2015 at 12:03 PM
Com Dev takeover avoids government scrutiny
The U.S. takeover of Canadian satellite equipment maker Com Dev International Ltd. will not face the same government scrutiny that halted the sale of MacDonald Dettwiler and Associates Ltd.’s (MDA) space division in 2008.
Posted on 11-10-2015 at 7:41 AM
CP Rail said to be in takeover talks with Norfolk Southern
Canadian Pacific Railway Ltd., the second- biggest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry, people familiar with the matter tell Bloomberg
Posted on 11-09-2015 at 2:32 PM
VW, Audi diesel owners in U.S. will get $1,000 in credit cards
The program could cost VW nearly $500 million, half of which could flow directly to dealers.
Posted on 11-09-2015 at 12:18 PM
Homes evacuated as second CP train in two days derails in Wisconsin
A Canadian Pacific freight train carrying crude oil through Wisconsin derailed on Sunday, knocking 13 cars off the tracks, spilling oil and leading 35 homes to be evacuated, in the state's second derailment in two days.
Posted on 11-09-2015 at 9:27 AM
Trudeau says he's not shutting door to idea of aid for Bombardier
Canadian Prime Minister Justin Trudeau on Thursday said he was not shutting the door on the idea of government aid for aerospace firm Bombardier Inc, which has run up big debts.
Posted on 11-06-2015 at 10:58 AM
Valeant shares tumble to 2 and a half year lows
The stock has plunged from $263.70 on Aug. 5 to below $80 on Thursday on scrutiny over high price markups for its drugs and accusations it used a specialty pharmacy, Philidor Rx Services, to inflate revenue.
Posted on 11-05-2015 at 1:02 PM
TransCanada removes Quebec port from Energy East pipeline plan
TransCanada Corp. is scrapping plans for an export terminal to ship oil from its Energy East pipeline out of Quebec.
Posted on 11-05-2015 at 10:51 AM

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