reports
Ghislain Houle and Patrick Whitehead to Address Investor Conferences o...
Ghislain Houle and Patrick Whitehead to Address Investor Conferences on May 14 and 15 MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle and Patrick Whitehead (TSX: CNR) (NYSE: CNI), to address upcoming conferences: Ghislain Houle, Executive Vice-President and Chief Financial Officer and Patrick Whitehead, Executive Vice-President and Chief Network Operating Officer of CN (TSX: CNR) (NYSE: CNI), will address the RBC Capital Markets Canadian Automotive, Industrials and Transportation Conference on May 14, 2024 at 8:00 a.m. Eastern Time (ET); Ghislain Houle, Executive Vice-Presiden...
Ghislain Houle et Patrick Whitehead prendront la parole lors de confér...
Ghislain Houle et Patrick Whitehead prendront la parole lors de conférences à l’intention des investisseurs les 14 et 15 mai MONTRÉAL, 06 mai 2024 (GLOBE NEWSWIRE) -- Ghislain Houle et Patrick Whitehead du CN (TSX : CNR) (NYSE : CNI) prendront la parole lors de prochaines conférences : Ghislain Houle, vice-président exécutif et chef de la direction financière et Patrick Whitehead, vice- président exécutif et chef de l’exploitation du réseau du CN (TSX : CNR) (NYSE : CNI), prendront la parole lors de la conférence canadienne sur le secteur automobile, le secteur industriel et les transp...
Union Pacific Shaves Two Days Off Los Angeles to Chicago Route with Ne...
OMAHA, Neb.--(BUSINESS WIRE)-- Union Pacific Railroad announced today that it is offering a new domestic intermodal service that will cut transit time to three days for customers transporting goods from Southern California to the Chicago area. The new service, which began April 28, will run daily from Union Pacific’s intermodal terminal at the City of Industry in California to Global 2 in Northlake, Illinois, located near the heart of the greater Chicago metropolitan area. “We are delivering the service we sold to our customers – and we’re now able to do it faster,” said Union Pacific CEO ...
- Martin Huseby Karlsen
CSX Executive Vice President and Chief Commercial Officer to Address B...
CSX Executive Vice President and Chief Commercial Officer to Address Bank of America Transportation, Airlines and Industrials Conference JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the Bank of America Transportation, Airlines and Industrials Conference in New York on Tuesday, May 14, at 8:00 a.m. Eastern time. This address will be broadcast live via webcast at . A replay will be available following the conclusion of this event. This announcement, as well as additional financ...
- Martin Huseby Karlsen
Consensus back in focus and tier-2 deepwater risk
With the start of the Q1 reporting season for Offshore Drilling, we sense increased investor attention on the risk to consensus. Although we like the investment case for its valuation in the out-years (2026), our estimates remain below consensus. We see potential for share price volatility as near-term consensus is revised lower, while investors gradually underwrite 2026 valuations. We also believe the gaps between contracts and increased idle-time risk for tier-2 deepwater rigs are not properly...
United Steelworkers Ratify New Collective Agreement
United Steelworkers Ratify New Collective Agreement MONTREAL, May 01, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its new three-year collective agreement with the United Steelworkers (USW) Local 2004, was formally ratified by union members on Monday April 29th, 2024. The USW represents approximately 2,500 track and bridge employees at CN, primarily responsible for track maintenance across Canada. "We're pleased to have reached this new collective agreement through collaborative negotiations. It is a testament to our commitment to invest in our people, contribu...
Le Syndicat des Métallos ratifie une nouvelle convention collective
Le Syndicat des Métallos ratifie une nouvelle convention collective MONTRÉAL, 01 mai 2024 (GLOBE NEWSWIRE) -- Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui que sa nouvelle convention collective de trois ans avec la section locale 2004 du Syndicat des Métallos a été officiellement ratifiée par les membres du syndicat le lundi 29 avril 2024. Le Syndicat des Métallos représente environ 2 500 membres du personnel de la voie et de pont au CN, qui sont principalement responsables de l’entretien de la voie au Canada. « Nous sommes heureux d’avoir conclu une nouvelle convention collective...
Transocean Ltd. Announces Consent Solicitation for 8.375% Senior Secur...
Transocean Ltd. Announces Consent Solicitation for 8.375% Senior Secured Notes due 2028 STEINHAUSEN, Switzerland, May 01, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that its wholly owned and indirect subsidiary, Transocean Titan Financing Limited (the “Company” and, together with Transocean Ltd., “Transocean”), is soliciting consents (“Consents” and, such solicitation being referred to herein as, the “Consent Solicitation”) from holders (the “Holders”) of its outstanding 8.375% Senior Secured Notes due 2028 (the “Notes”) as of 5:00 p.m. New York City time, on Apr...
CN Announces C$1.25 Billion Debt Offering
CN Announces C$1.25 Billion Debt Offering The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days MONTREAL, April 30, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced a public debt offering of C$700 million 4.60% Notes due 2029, and C$550 million 5.10% Notes Due 2054. CN expects to close the offering on May 2, 2024, subject to customary closing conditions. CN plans to use the net proceeds from the offering for general corporate purposes,...
Le CN annonce un placement de titres d’emprunt de 1,25 milliard de dol...
Le CN annonce un placement de titres d’emprunt de 1,25 milliard de dollars canadiens Le supplément de prospectus, le prospectus préalable de base correspondant et toute modification de ces documents relatifs au présent placement seront accessibles par l’entremise de SEDAR+ d’ici deux jours ouvrables MONTRÉAL, 30 avr. 2024 (GLOBE NEWSWIRE) -- Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui un placement public de titres d’emprunt, composé de 700 millions de dollars canadiens de billets 4,60 % échéant en 2029 et de 550 millions de dollars canadiens de billets 5,10 % échéant en 2054. L...
Union Pacific Honors Companies for Safe Chemical Transportation
OMAHA, Neb.--(BUSINESS WIRE)-- Union Pacific Railroad today announced that 137 companies are winners of the 2023 Pinnacle Award for their dedication and commitment to safely transporting chemicals by rail. This number of recipients is the highest the railroad has recognized in over a decade. The annual award honors customers who implement release prevention protocols, corrective action plans and have zero non-accident releases of regulated hazardous materials shipments. “Safety is Union Pacific’s No. 1 priority, and we are proud to honor these likeminded companies with the 2023 Pinnacle Awar...
Transocean Ltd. Reports First Quarter 2024 Results
Transocean Ltd. Reports First Quarter 2024 Results Three months ended March 31, December 31, Sequential 2024 2023 change(In millions, except per share amounts and backlog) Contract drilling revenues$763 $741 $22 Adjusted contract drilling revenues$767 $748 $19 Revenue efficiency(1) 92.9 % 97.0 % (4.1)% Operating and maintenance expense$523 $569 $(46) Net income (loss) attributable to controlling interest$98 $(104) $202 Diluted earnings (loss) per share$0.11 $(0.13) $0.24 Adjusted EBITDA$199 $122 $77 Adjusted EBITDA...
Union Pacific Highlights Commitment to Safety, Community and Sustainab...
OMAHA, Neb.--(BUSINESS WIRE)-- Union Pacific Railroad today released its annual highlighting progress on key goals, including safety and sustainability, as well as the development and testing of a new cutting-edge hybrid battery-electric locomotive. “The Building America Report is a comprehensive reflection on our daily drive toward operational excellence, our ongoing commitment to providing the safe, reliable service we promised our customers and our goal to provide meaningful work with best-in-class benefits for employees,” said CEO Jim Vena. A key highlight in the report was Union Paci...
- Martin Huseby Karlsen
Transocean Minor model adjustments
We have updated our estimates, primarily due to Transocean’s recent fleet status report. Despite having small delays included in the fleet status report, we remain just above the guidance and largely in line with Bloomberg consensus ahead of the Q1 results (due today after market close). We expect Q1 EBITDA of USD195m, largely in line with consensus (USD190m) and just above the guidance (USD188m). We do not consider these changes to be material, and we have not changed our HOLD recommendation. W...
CN Announces Election of Directors
CN Announces Election of Directors MONTREAL, April 26, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced that the director nominees listed in the management information circular dated March 4, 2024 (the “Information Circular”), were elected as directors of CN. The detailed results of the vote for the election of directors held at CN’s Annual Meeting of Shareholders (“Meeting”) on April 26, 2024 via online webcast are set out below. Election of DirectorsOn a vote by ballot, each of the following 11 nominees proposed by management was elected as a director of CN: NomineeVotes Fo...
Le CN annonce l’élection des administrateurs
Le CN annonce l’élection des administrateurs MONTRÉAL, 26 avr. 2024 (GLOBE NEWSWIRE) -- Le CN (TSX : CNR) (NYSE : CNI) a annoncé que les candidats aux postes d’administrateurs proposés dans la Circulaire de sollicitation de procurations du 4 mars 2024 (la Circulaire) ont été élus administrateurs du CN. Les résultats détaillés du vote pour l’élection des administrateurs, qui a eu lieu lors de l’assemblée annuelle des actionnaires du CN (l’assemblée) qui s’est tenue en ligne le 26 avril 2024, figurent ci-dessous. Élection des administrateursLors d’un vote au scrutin secret, les 11 candidat...
Union Pacific Reports First Quarter 2024 Results
OMAHA, Neb.--(BUSINESS WIRE)-- Union Pacific Corporation (NYSE: UNP) today reported 2024 first quarter net income of $1.6 billion, or $2.69 per diluted share. This compares to 2023 first quarter net income of $1.6 billion, or $2.67 per diluted share. “Our team delivered strong financial results in the first quarter as we navigated a challenging freight market and normal winter conditions,” said Jim Vena, Union Pacific Chief Executive Officer. “These results build on the momentum we established as we exited 2023 and provide further proof of what’s possible as we strive to be the best in safet...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.