Page 4 - Robert Pace News Today

Canadian Pacific and Kansas City Southern submit a joint application before the Surface Transportation Board asking to consolidate the two railroads while CN adds a rail and technology expert to its board.

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

CN CEO Jean-Jacques Ruest plans to retire after a failed takeover bid of Kansas City Southern and a proxy battle by activist shareholders to oust the rail companys leadership.

Canadian National Railway Co.'s embattled CEO is retiring in the new year, the railway says as it reported a big jump in third-quarter profits thanks in part to a $770-million after-tax break fee it received after walking away from a takeover bid for Kansas City Southern railway.

Canadian National Railway Co.s embattled CEO is retiring in the new year, the railway says as it reported earning $1.685 billion in the third quarter, thanks in part to a US$770-million after-tax break fee it received after walking away from a takeover bid for Kansas City Southern railway.

Canadian National Railway Co.

TORONTO - Some of the most active companies traded Tuesday on the Toronto Stock Exchange:...

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,086.99, up 101.62 points.) Suncor Energy Inc. (TSX:SU). Energy. Down one cent, or 0.04 per cent, to $28.68 on 10.7 million shares.

Ruest will also leave the board next year.

Canadian National Railway Co.