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Top stock picks from ARC Independent Research (and those to avoid)
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. REUTERS/Andrew Kelly TPX IMAGES OF THE DAY
report on business
Canadian National Railway, Unifor begin talks for new labour contract
A CN rail worker stands on an idle locomotive in Burnaby, B.C., on Friday, November 27, 2020. TCI Fund Management Ltd., which is seeking changes at Canadian National Railway Co., is accusing the railway of not disclosing the resignation of Julie Godin from CN's board of directors in an appropriate and timely manner. THE CANADIAN PRESS/Darryl Dyck
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CN Rail employees to return to work Wednesday after union agrees to binding arbitration
CN rail workers strike at the CN MacMillan Yard in Vaughan, Ont., on Monday, June 20, 2022. Canadian National Railway Co. says a strike by 750 signals and communications workers will end early Tuesday after the International Brotherhood of Electrical Workers agreed to binding arbitration. THE CANADIAN PRESS/Nathan Denette
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Workers at Canadian National Railway threaten to strike
A CN Rail locomotive pulls auto carrier cars in Dartmouth, N.S. on Thursday, Nov. 25, 2021. The Montreal-based Canadian National Railway Co. says it has launched its search for a francophone director to occupy a seat on a board that currently has no native French speakers.THE CANADIAN PRESS/Andrew Vaughan
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Activist shareholder blames CN Rail’s board for failing to secure preferred CEO candidate
A CN rail worker stands on an idle locomotive in Burnaby, B.C., on Friday, November 27, 2020. Canadian National Railway Co. responded to criticisms of its proposed takeover of Kansas City Southern by telling the U.S. regulator there's no harm if it approves a voting trust until a final ruling on the merits of the transaction is handed down many months from now.THE CANADIAN PRESS/Darryl Dyck
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CN Rail to restart limited service on Kamloops to Vancouver corridor on Wednesday
FILE PHOTO: A Canadian National Railway (CN Rail) freight train engine remains halted while First Nations members of the Tyendinaga Mohawk Territory continue to block train tracks 2 km away as part of a protest against British Columbia's Coastal GasLink pipeline, in Tyendinaga, Ontario, Canada February 14, 2020. REUTERS/Chris Helgren/File Photo
opinion
Shareholders don’t care whether CN’s next CEO speaks French
Andrew Willis
investment ideas
Hedge fund TCI up 17% over first nine months Of 2021, helped by CN Rail stake
A CN rail worker stands on an idle locomotive as protesters opposed to the Trans Mountain pipeline expansion block rail lines, in Burnaby, B.C., Friday, Nov. 27, 2020.
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Canadian National CEO to leave railway in January amid pressure from activist shareholder
CN Rail President and CEO Jean-Jacques Ruest speaks during a business luncheon in Montreal, Thursday, April 25, 2019. THE CANADIAN PRESS/Graham Hughes
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Activist shareholder seeking new leadership at Canadian National unveils its plan for railway company
A CN rail worker stands on an idle locomotive as protesters opposed to the Trans Mountain pipeline expansion block rail lines, in Burnaby, B.C., Friday, Nov. 27, 2020. The railway says it will hold a special meeting on March 22 in response to a request by British investor TCI Fund Management which is seeking the election of a slate of new board members and the replacement of the CEO. THE CANADIAN PRESS/Darryl Dyck
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CN says dissident shareholder made ‘misleading’ claims
FILE - In this March 29, 2018 file photo, a Canadian National Rail locomotive moves through the rail yard in Dartmouth, Nova Scotia. Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, Friday, May 21, 2021, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks. (Andrew Vaughan/The Canadian Press via AP)
inside the market
Wednesday’s Insider Report: Chairman invests over $7-million in this large-cap dividend stock
report on business
CN Rail to slash capital spending, resume stock buybacks as shareholder battle looms
CN Rail locomotives are moved on tracks past cargo containers sitting on idle train cars at port in Vancouver, on Friday, February 21, 2020. Canadian National Railway Co. says it is dropping its takeover offer for Kansas City Southern. THE CANADIAN PRESS/Darryl Dyck
opinion
Activist shareholder’s bid to oust CN Rail executive, board members is misguided
Andrew Willis
report on business
TCI Fund Management launches battle for control of CN following railway’s apparent failed bid for KCS
FILE - In this March 29, 2018 file photo, a Canadian National Rail locomotive moves through the rail yard in Dartmouth, Nova Scotia. Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, Friday, May 21, 2021, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks. (Andrew Vaughan/The Canadian Press via AP)
inside the market
Wednesday’s analyst upgrades and downgrades
FILE - In this in this Nov. 20, 2019, file photo, a quiet Mclean Rail Yard in North Vancouver, British Columbia, is pictured, as Canadian National rail workers strike outside the gates. Canadian National has made its final pitch to regulators for preliminary approval of its $33.6 billion acquisition of Kansas City Southern railroad. The Canadian railroad reiterated its main arguments for the deal in a detailed filing with the Surface Transportation Board on Tuesday, July 6, 2021. (Jonathan Hayward/The Canadian Press via AP, File)
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U.S. rail regulator deals blow to CN’s US$29.8-billion bid to take over Kansas City Southern
FILE - In this March 29, 2018 file photo, a Canadian National Rail locomotive moves through the rail yard in Dartmouth, Nova Scotia. Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, Friday, May 21, 2021, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks. (Andrew Vaughan/The Canadian Press via AP)
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Biden push for competition draws concerns for Canadian National takeover of Kansas City Southern
FILE - In this March 29, 2018 file photo, a Canadian National Rail locomotive moves through the rail yard in Dartmouth, Nova Scotia. Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, Friday, May 21, 2021, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks. (Andrew Vaughan/The Canadian Press via AP)
inside the market
Thursday’s Insider Report: Former CEO of CN Rail invests over $800,000 in this bank stock
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Melinda Gates becomes CN Rail’s sixth biggest shareholder after stock transfer following divorce announcement
(FILES) In this file photo taken on January 23, 2015 Melinda and Bill Gates attend a session at the Congress Center during the World Economic Forum (WEF) annual meeting in Davos. - The shock announcement that billionaire philanthropists Bill and Melinda Gates are to divorce after 27 years of marriage, on May 3, 2021, has raised questions about the future of their hugely influential charity. The couple say the idea for the foundation came to them as young parents when they read a newspaper article about millions of children in developing countries dying from easily treatable illnesses such as diarrhea and pneumonia. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
report on business
Why CP Rail’s and CN Rail’s takeover debt scares rating agencies
FILE PHOTO: Trains are seen in the yard at the at the CN Rail Brampton Intermodal Terminal after Teamsters Canada union workers and Canadian National Railway Co. and failed to resolve contract issues, in Brampton, Ontario, Canada November 19, 2019. REUTERS/Mark Blinch/File Photo
investor newsletter
Three major U.S. banks simultaneously urge caution about future market returns. Plus, a bull vs. bear smackdown
Empty tables are pictured in front of the bull and bear statues outside Frankfurt's stock exchange as the coronavirus disease (COVID-19) outbreak continues in Frankfurt, Germany October 29, 2020. REUTERS/Ralph Orlowski
opinion
Why Canadian industrial stocks are set to outperform
Mike Archibald
report on business
CN and CP Rail both move record grain volumes in March despite challenging weather
A CN locomotive makes it's way through the CN Taschereau yard in Montreal on Nov., 28, 2009. THE CANADIAN PRESS/Graham Hughes
inside the market
CP Rail’s share dip may not offer a bargain, but it’s a reason to take interest
(FILES) In this file photoa view of the famous 'Morant's Curve' offering a view of the frozen Bow River and the Canadian Pacific Railway at Banff National park near Lake Louise, Canada, late on December 06, 2013. - The Canadian Pacific Railway plans to merge with US-based Kansas City Southern (KCS) to create the first rail network linking Canada, the United States and Mexico, the companies announced on March 21, 2021. The deal is valued at $29 billion, including the assumption of $3.8 billion in outstanding KCS debt, a joint statement said. (Photo by Joe KLAMAR / AFP) (Photo by JOE KLAMAR/AFP via Getty Images)
opinion
Everything old is new again in Newfoundland and Labrador
Lori Lee Oates
advisor mutual funds
Five ways to invest in companies committed to the advancement of women
Business woman climbing up on hand drawn staircase concept on city background
inside the market
Friday’s Insider Report: Bill Gates cashes out $370-million from this large-cap dividend stock
A CN locomotive makes it's way through the CN Taschereau yard in Montreal, Saturday, Nov., 28, 2009. Canadian National Railway Co. executives will discuss first-quarter earnings on Monday after markets close. THE CANADIAN PRESS/Graham Hughes
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CN Rail beats profit estimates as consumer spending drives freight volumes higher
A CN locomotive makes it's way through the CN Taschereau yard in Montreal on November, 28, 2009. THE CANADIAN PRESS/Graham Hughes
energy and resources
Canadian crude-by-rail exports surged 87% in November amid limited pipeline capacity
Rail cars wait for pickup in Winnipeg, Sunday, March 23, 2014. January 2020 crude-by-rail numbers have reached a historic high of 403,767 barrels per day, the first time Canadian crude oil exports by rail have surpassed the 400,000 mark. This represents a 16 per cent increase over December 2019 rail export numbers. THE CANADIAN PRESS/John Woods
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CP Rail sees record month, quarter and year for grain shipments
A Canadian Pacific Rail train hauling grain passes through Calgary, Thursday, May 1, 2014.  THE CANADIAN PRESS/Jeff McIntosh
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Large railway shareholder seeks CN, CP climate plans and strategies to cut emissions
A man walks into central station next to CN headquarters in Montreal, Tuesday, Nov. 26, 2019.
stars and dogs
The Globe’s stars and dogs for the week
For Stars and Dogs column in Globe Investor/ROB only.
politics
Marc Garneau unveils new safety measures after probe into fatal 2017 incident at Saskatchewan railway yard
Transport Minister Marc Garneau speaks in the House of Commons, in Ottawa, on Oct. 6, 2020.
report on business
CN and CP both post record third-quarter grain shipments
A Canadian Pacific Rail train hauling grain passes through Calgary, Thursday, May 1, 2014. Canada's two major railways shipped record amounts of grain over the past year despite a gauntlet of obstacles. THE CANADIAN PRESS/Jeff McIntosh
opinion
While some corporations used hope as a strategy, others, like CN, were nimble in adapting to the pandemic
Andrew Willis