Hints and tips:
...TCI has recommended Jim Vena, who has worked at CN in the past and at rival Union Pacific, as the person to run the company....
...His successor, James Foote, has held fast to his vision and CSX doubled net income in the third quarter....
...The industry’s current structure — with CSX and NS in the eastern US, Union Pacific and BNSF in the west, CP and Canadian National in Canada and Kansas City Southern operating north-south — is widely regarded...
...NS and CSX dominate the eastern US, Union Pacific and BNSF — part of Warren Buffett’s Berkshire Hathaway — the west and Canadian Pacific and Canadian National Canada and some lines in US....
...But right up to his death in 1997 he faced staunch opposition from conservative hardliners in the party and neither he nor his successors ever stopped describing the system as “socialist”....
...Norfolk Southern , the railroad operator, tumbled 9 per cent to $66.11 as the company’s forecasts came in below analysts’ expectations....
...In recent weeks, some of the largest Japanese businesses visited Myanmar to scout for opportunities, as did George Soros, and several large European companies....
...Other companies among the big four US railroads saw share price rises on yesterday’s news. Main rival Union Pacific rose 6.8 per cent, while Norfolk Southern rose 2.4 per cent and CSX 6 per cent....
...Nooyi was born in southern India and held managerial positions at Johnson & Johnson, the pharmaceutical group, and Mettur Beardsell, a textile company, before heading to the US to earn a master’s degree...
...artistic or historic interest, as is available to trusts engaged in providing relief of the poor, education and medical relief....
...Aircraft circled interminably as Communist-dominated unions went on strike in their latest attempt to scupper the privatisation of India?s decrepit airport network....
...Railroad shares rallied as Union Pacific, the country's biggest independent rail operator, raised its fourth-quarter outlook. Union Pacific shares jumped 5.5 per cent to $65.67....
International Edition