Hints and tips:
...Last week, DD told of the anguished transaction attorneys at a prominent New Orleans industry conference who claimed that a set of decisions — including one that invalidated Elon Musk’s $56bn pay package...
...This week, America’s top dealmakers and their expensive lawyers descended on New Orleans for the Tulane University Corporate Law Institute....
...US Customs and Border Protection on Monday closed railway bridges at the cities of Eagle Pass and El Paso, Texas, which respectively rank as the second and fourth busiest freight rail crossings with Mexico...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Orleans....
...Union Pacific is North America’s largest listed freight rail operator, serving cities as far east as Chicago and New Orleans and west as Seattle and Los Angeles....
...(FT) News round-up Private equity/IRRs: benchmark too often benefits buyout bosses (FT) CVC and Sanjiv Goenka to pay $1.7bn for new IPL cricket teams (FT) Telstra buys Digicel’s Pacific operations in...
...There are at least two precedents of the “Texas two-step”, including one involving a subsidiary of Koch Industries called Georgia-Pacific, which separated asbestos related claims into a separate company...
...Corporate America declines to comment on Texas abortion ban Many of the large US companies that have spoken out on everything from voting rights and racial equality to transgender recognition in recent years...
...Canadian Pacific offered $90 in cash and the remainder in its stock. To pay for the deal, CP said it would issue 44.5m new shares and raise $8.6bn in debt....
...Those who need to travel opt for cars or company buses instead of trains. For the railway companies, finding alternative sources of stable capital will be difficult....
...One thing to start: the railway group Canadian National said late on Tuesday that its chief executive Jean-Jacques Ruest would leave the company as soon as January, weeks after UK hedge fund manager Chris...
...New Brunswick, on Canada’s Atlantic coast to the Mexican port of Lázaro Cárdenas on the Pacific....
...Oil sands proponents think they have an answer: the $29bn deal between Canadian Pacific and Kansas City Southern that creates the first direct railway link between Alberta’s oil heartland and Texas, cementing...
...Texas Pacific was formed after a failed attempt to build a railway stretching from Texas to the Pacific Ocean in the late 1800s....
...In its latest quarter, Union Pacific said it had curtailed operations at two rail yards in Illinois and one in Texas and stored 2,150 locomotives....
...TPL was registered as a business trust in 1888 after the Texas and Pacific Railway went bankrupt....
...The veteran executive successfully used the strategy at the Canadian National and Canadian Pacific railways before he was recruited last year to run CSX, the largest rail company in the eastern US....
...“It’s a godsend to the people we’re trying to help,” said Natalie Jayroe, chief executive of Second Harvest Food Bank in New Orleans....
...Blue Orca took its fight to the company’s top leadership last week, stating in a report that Mr Tainwala had not earned a doctorate in business administration from the Union Institute and University in Cincinnati...
...Oil produced in the Permian Basin of Texas and New Mexico, the white-hot centre of the shale boom, is becoming trapped with no easy route to a refinery or an export terminal....
...All Amtrak long-distance trains have names — The Texas Eagle, the California Zephyr....
...Jackson Hole, while gasoline prices rose and oil slumped as Hurricane Harvey shut down refineries in Texas....
...The company also revealed it was studying bids for 50,000 acres of Texas gasfield....
...It is a fantastic company in a dynamic and stimulating sector....
International Edition