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Billionaire investor Bill Ackman reveals a $1.2 billion bet on Canadian Pacific Railway
Ackman's Pershing Square hedge fund has exposure to 14.8 million shares of the railroad company thr…
Theron Mohamed
Kansas City Southern surges 16% after $34 billion offer from Canadian National sparks bidding war
Canadian National offered a $34 billion takeover bid for Kansas City Southern, well above Canadian …
Matthew Fox
Kansas City Southern surges 14% after Canadian Pacific Railway agrees to buy it for $25 billion
Kansas City Southern will be bought in a $25 billion deal by Canadian Pacific Railway. The merger w…
Carla Mozée
Canadian Pacific to acquire Kansas City Southern in $25 billion railroad merger that spans across the entire North American continent
The combined company will operate 20,000 miles of rail, employ close to 20,000 people, and generate…
Matthew Fox
Canadian Pacific is ending its bid for Norfolk Southern
"We have long recognized that consolidation is necessary for the North American rail industry to me…
Portia Crowe
REPORT: Canadian Pacific wants to buy Norfolk Southern
Now, the Canadian company is in early-stage talks with Norfolk, which is the second-largest railroa…
Portia Crowe
A former top Canadian spy told us about 4 huge cyber threats that are emerging
"They [the Chinese] have previously devoted substantial resources to cyber espionage and theft," cy…
Natasha Bertrand
Billionaire investor Bill Ackman has sold all of his Domino's Pizza stock, after building the 5% stake only last year
Ackman's Pershing Square has exited its Domino's Pizza bet, citing the fast-food chain's lofty valu…
Theron Mohamed
Bill Ackman says his firm is holding onto its stock picks as it anticipates Fed rate hikes cutting inflation to more than half current levels
"Our biggest fear was inflation and that's why I wanted the Fed to raise rates quickly and soon," b…
Carla Mozée
Nasdaq surges on tech-stock strength as Treasury yields cool from 14-month high
Tech stocks led the broader rally on Monday as investors eye a pullback in Treasury yields and resu…
Isabelle Lee
Warren Buffett warned newbie investors, touted tech stocks, and dashed acquisition hopes at Berkshire Hathaway's annual meeting. Here are the 7 key takeaways.
Buffett highlighted inflation, admitted he was probably wrong to trim Apple and sell Costco, and re…
Theron Mohamed
You can stay in vintage railroad cars that have been converted into cozy bedrooms surrounded by nature
Surrounded by nature and famous trials, this historic train line in Nova Scotia, Canada, has nine v…
Konstantina Pyrnokoki
CSX tumbles 7% after CEO goes on medical leave
CSX named Harrison as CEO in March after activist investor Mantle Ridge bought a nearly 5% stake in…
Akin Oyedele
RAILROAD EXECUTIVE: Chicago's drinking water may be in jeopardy if Congress doesn't act
"If they force that date upon us, then we have no choice, but to seriously consider not hauling tho…
Bob Bryan
RAILROAD CEO: Trains for hundreds of thousands of commuters could stop running by the end of the year
"I'm very optimistic that Congress will be prudent and well, has an extension before we have to tak…
Bob Bryan
The SEC Is Looking Into Bill Ackman's Big Allergan Deal
Allergan has already filed suit against both Ackman and Valeant for insider trading. It alleges tha…
Linette Lopez
STOCKS FALL: Here's what you need to know
DON'T MISS: 2 simple charts illustrate why low oil prices are so depressing »And now, the top stori…
Akin Oyedele
Bill Ackman's famous short is shooting up 12%
The nutritional supplement company has been under investigation for some time now after concerns we…
Bob Bryan
You can see the Bill Ackman redemptions right here...
"My guess is that our redemption that we've received as percentage of capital are probably among th…
Linette Lopez
This is the one stat that has every Wall Street banker depressed
Halliburton and Baker Hughes on Sunday called off their $28 billion megadeal after facing oppositio…