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Friday s analyst upgrades and downgrades - The Globe and Mail
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Market movers: Stocks seeing action on Thursday - and why
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The Daily Chase: Feud over K.C. Southern intensifies; BoC puts borrowers on notice VIDEO SIGN OUT
Let there be no mistake: the gloves are off in the battle for control of Kansas City Southern. In a conference call brought to us by the word âtruthâ yesterday, Canadian Pacific Railway CEO Keith Creel virtually bypassed the latest quarterly results in favour of a full-throttled takedown of the rival proposal from Canadian National which, in his mind, amounts to âfantasy moneyâ and is bound to fail. Lest there be any doubt about where he stands, Creel also suggested in a letter to KCS Chief Executive Officer Pat Ottensmeyer that CN doesnât actually want to do the deal. The biggest question remains the same: How will KCS respond to the CN proposal?