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March 21, 2014
05:19 EDTCNICanadian National proposes binding arbitration with TRC-CTY
CN said it has proposed binding arbitration to reach a contract settlement with the Teamsters Canada Rail Conference - Conductors, Trainpersons and Yardpersons, or TCRC-CTY, after the union advised that the tentative labour agreement negotiated with CN on Feb. 5, failed to ratify. This is the second tentative contract that the TCRC-CTY has not ratified this year. The TCRC-CTY represents approximately 3,000 CN train conductors, trainpersons, yardpersons and traffic coordinators on CN's network in Canada. Claude Mongeau, CN president and CEO, said: "We are disappointed that our tentative agreement with the TCRC-CTY narrowly failed ratification following extensive negotiations with the union's bargaining committee.
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July 21, 2014
18:40 EDTCNIOn The Fly: After Hours Movers
UP AFTER EARNINGS: Netflix (NFLX), up marginally after reporting Q2 results... Sanmina (SANM), up 13.2% after reporting third quarter results and fourth quarter guidance above analyst estimates... Chipotle (CMG), up 10.1%... Helix (HLX), up 5.2%... Canadian National (CNI), up 1.13%... CYS Investments (CYS), up 1.7%. ALSO HIGHER: Apache (APA), up 5% after Bloomberg says JANA discloses $1B position... Johnson & Johnson (JNJ), up 1% after announcing a $5B share repurchase program... TG Therapeutics (TGTX), up 4.3% after reporting second quarter results and preliminary clinical results from TG-1101 Phase I study... DOWN AFTER EARNINGS: Rambus (RMBS), down 3.6% after reporting second quarter results... Ultra Clean (UCTT), down 4% after reporting quarterly results. ALSO LOWER: Tallgrass Energy (TEP), down 5% after filing to sell 7M common units representing limited partners.
16:08 EDTCNICanadian National raises FY14 outlook
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16:06 EDTCNICanadian National reports Q2 adjusted EPS C$1.03, consensus C$0.99
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