Canadian Pacific Strike Creates Opening for Back-to-Work Bill

Source: Bloomberg.com

Canadian Pacific Railway Ltd. (CP) and its largest union failed to reach a labor agreement, setting the stage for Canada’s federal government to legislate an end to a five-day strike. “The talks have ended and the legislative proces ...
Full article at: Bloomberg.com  More like this  1 hour ago

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Ottawa set to introduce back-to-work legislation

Source: Toronto Star

Vanessa Lu Business Reporter The federal government is expected to introduce back-to-work legislation Monday to end the rail strike that has grounded Canadian Pacific’s freight traffic across Canada. Over the weekend, business g ...
Full article at: Toronto Star  More like this  3 hours ago

Talks to end CP strike break down

Source: Globe and Mail

Talks broke off Sunday between Canadian Pacific Railway Ltd. CP-T and the union representing 4,800 striking engineers, conductors and rail traffic controllers. The stalled negotiations come as industries across ...
Full article at: Globe and Mail  More like this  7 hours ago, 4:24pm CDT

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Sensitivity Analysis

Source: PaperCamp.com

A hostile takeover allows a suitor to take over a target company whose management is unwilling to agree to a merger or takeover. A takeover is considered "hostile" if the target company's board rejects the offer, ...
Full article at: PaperCamp.com  More like this  8 hours ago, 3:32pm CDT

Canadian rail strike clogs traffic at large ports

Source: Bangor Daily News

Surveyors work next to Canadian Pacific Rail trains which are parked on the train tracks in Toronto on Wednesday, May 23, 2012. Canada's labor minister said Wednesday the government will introduce legislation if necessary ...
Full article at: Bangor Daily News  More like this  18 hours ago, 5:33am CDT

Shareholders clobber Mentor Graphics' stock, but the Wilsonville company expects long-term growth

Source: Oregon Live

Mentor Graphics issued solid first-quarter financial results early Friday morning -- then got clobbered by investors, who mysteriously bailed out of the stock and sent shares plunging 13 percent to $13.20. Mentor c ...
Full article at: Oregon Live  More like this  2 days ago, 5:14pm CDT

Ruling won't end proxy fight against USA Technologies, group says

Source: Philadelphia Business Journal

The provider of networking and cashless-payment products and services for retail machine operators said the ruling enjoins Tirpak and the directors nominated by his group, Greenwich, Conn.-based Shareholder Advocates for Va ...
Full article at: Philadelphia Business Journal  More like this  2 days ago, 11:17am CDT

QLT still awaiting word on looming proxy fight

Source: Globe and Mail

The CEO of Vancouver biotech firm QLT Inc. QLT-T said he has had no communication from a large shareholder that is proposing to replace most of the company’s board of directors. These has been “not a peep” from Dani ...
Full article at: Globe and Mail  More like this  2 days ago, 11:16am CDT

Alibaba.com shareholders OK $2.5 billion privatization bid

Source: Los Angeles Times

Alibaba.com will go private, buying back Yahoo's stake for $2.5 billion (AP Photo / May 25, 2012) Alibaba Group Holding, the Chinese e-commerce giant that looks a bit like a mash-up of EBay, PayPal and Amazon, plans to pay $2.5 billion to sn ...
Full article at: Los Angeles Times  More like this  2 days ago, 10:20am CDT