Union Pacific et le CN concluent une entente visant à élargir les occasions offertes aux clients dans le cadre de la fusion

CN and Union Pacific announced a binding agreement establishing a framework for CN to gain competitive access in Union Pacific's proposed merger with Norfolk Southern. The settlement preserves customer options, resolves terminal ownership issues, and expands CN's presence in the Midwest, including access to Kansas City and St. Louis markets. CN will not oppose the merger and both parties will collaborate with the Surface Transportation Board for implementation.

07/22/2026, 8:06 PM • GlobeNewswire

Union Pacific et le CN concluent une entente visant à élargir les occasions offertes aux clients dans le cadre de la fusion

CN and Union Pacific announced a binding agreement framework allowing CN competitive access in Union Pacific's proposed merger with Norfolk Southern. The settlement preserves customer options, grants CN access to key Midwest facilities including Kansas City Terminal and St. Louis Terminal, and provides new routing rights between major markets. CN will not oppose the merger, and both parties will collaborate with the Surface Transportation Board for implementation.

07/22/2026, 8:02 PM • GlobeNewswire

Union Pacific and CN Reach Agreement to Expand Customer Opportunities in Connection with Merger

CN and Union Pacific signed a binding Memorandum of Understanding establishing competitive access framework for CN in connection with Union Pacific's proposed merger with Norfolk Southern. The settlement preserves customer options, expands CN's Midwest presence through terminal acquisitions and overhead rights, and gives CN access to Kansas City for the first time. CN will not oppose the merger, contingent on STB approval.

07/22/2026, 6:51 PM • GlobeNewswire

2 Industrial Stocks to Load Up On When the Market Inevitably Crashes

The article recommends two industrial stocks as ideal crash-buying opportunities: Waste Management, a recession-resistant business with essential services and strong cash flow, and Union Pacific, which benefits from an irreplaceable rail network and a proposed merger with Norfolk Southern that could unlock significant long-term value despite cyclical economic pressures.

07/21/2026, 6:15 AM • The Motley Fool

Le CN affirme que le STB a eu raison de suspendre l’examen de la fusion de UP-NS et d’exiger de plus amples renseignements

CN supports the Surface Transportation Board's (STB) decision to suspend examination of Union Pacific and Norfolk Southern's proposed merger, requiring them to submit additional information by July. The STB found the merger application lacks credible evidence of competitive improvements and public benefits, with significant gaps in market share analysis and insufficient remedial measures. CN argues the merger would reduce competitive rail transport options and increase concentration in key freight corridors.

05/28/2026, 6:00 PM • GlobeNewswire

CN Says STB Was Right to Freeze the UP-NS Merger and Demand More Information

The Surface Transportation Board has frozen its review of Union Pacific and Norfolk Southern's proposed merger, ordering them to provide substantial additional information. The STB found the amended application lacks clarity, contains unresolved competitive harms, and inadequate analyses. CN commends the decision, arguing the applicants have failed to meet rigorous merger standards and that the deal would concentrate approximately 40% of U.S. freight rail traffic in one company.

05/28/2026, 6:00 PM • GlobeNewswire

Dan Loeb Dumps Microsoft, Slashes Nvidia And Rail Stocks In Sweeping Q1 Portfolio Overhaul

Hedge fund billionaire Daniel Loeb's Third Point LLC significantly reshuffled its portfolio in Q1 2026, completely exiting positions in Microsoft, Chipotle, Constellation Energy, Alibaba, Spotify, and Thermo Fisher Scientific. The fund also dramatically reduced stakes in Nvidia (from 2.95M to 190K shares), Amazon, Taiwan Semiconductor, and railroad stocks Union Pacific and Norfolk Southern.

05/18/2026, 3:07 PM • Benzinga

CN Submits Comments to STB on Completeness of UP-NS Amended Merger Application

Canadian National Railway (CN) filed comments with the Surface Transportation Board (STB) opposing the amended merger application between Union Pacific (UP) and Norfolk Southern (NS), arguing it remains incomplete and fails to meet regulatory requirements. CN contends the application addresses only one of three deficiencies identified by the Board, lacks meaningful competitive enhancements, and proposes an insufficient Committed Gateway Pricing program that would harm more shippers than help.

05/11/2026, 2:10 PM • Benzinga

Revised Filing Does Not Address Competitive Balance Issues Created By UP-NS Merger

CSX Corp. launched a public resource website to help shippers and communities engage with the Surface Transportation Board's review of Union Pacific and Norfolk Southern's refiled merger application. CSX argues that the proposed combination would create industry imbalance by reducing competitive routing options for rail shippers, as it would result in one transcontinental carrier alongside four regional carriers.

05/04/2026, 2:00 PM • GlobeNewswire

How to ’Convert’ a 2% Yield Into 6% By Doing Nothing Extra

The article explains a strategy to identify undervalued dividend stocks with 'hidden' yields higher than their stated dividend yield. By combining dividend growth, buybacks, and share price appreciation, investors can significantly increase their returns. Union Pacific and Illinois Tool Works are highlighted as examples where low current yields (2% and 2.4% respectively) translate to much higher shareholder yields (3.7% and 4.2%) and even higher yields-on-cost for long-term holders.

04/28/2026, 5:56 AM • Investing

Will S&P 500 Open Up Or Down On April 24?

The S&P 500 declined 0.41% on Thursday to 7,108.40 amid Middle East tensions, though futures suggest stabilization. Polymarket traders are 62% bullish on a Friday open, supported by strong corporate earnings (85% of S&P 500 companies beat EPS expectations) and semiconductor strength. Intel surged 26% in pre-market trading after beating earnings, while investors await results from Procter & Gamble, Norfolk Southern, and Charter Communications.

04/24/2026, 5:38 AM • Benzinga

Norfolk Southern Declares Quarterly Dividend

Norfolk Southern Corporation (NYSE: NSC) announced a quarterly dividend of $1.35 per share, payable May 20, 2026, to shareholders of record on May 8, 2026. The company has maintained consecutive quarterly dividends for 175 quarters since its formation in 1982.

04/23/2026, 1:20 PM • Benzinga

1 High-Yield Dividend Stock to Buy and Hold for a Decade of Income

Union Pacific is recommended as a high-yield dividend stock with a 2.18% yield, significantly above its industrial sector average. The railroad operator has 126 years of uninterrupted dividend payments and a 19-year streak of increases. With strong operating margins, pricing power, and potential synergies from a pending merger with Norfolk Southern, Union Pacific is positioned for sustained dividend growth over the next decade.

04/21/2026, 9:15 AM • The Motley Fool

Billionaire Investor Slashes Norfolk Southern Stake — And Doubles Down On 2 Railroad Rivals

Hedge fund billionaire Daniel Loeb reshuffled his railroad industry exposure at Third Point LLC in Q4 FY25. He opened a new 500,000-share position in CSX, boosted Union Pacific holdings by 107% to 1.81 million shares, and cut Norfolk Southern stake by 41% to 975,000 shares. CSX and UNP are near 52-week highs with strong 12-month gains, while NSC also shows strength despite the stake reduction.

04/17/2026, 1:32 PM • Benzinga

Norfolk Southern Declares Quarterly Dividend

Norfolk Southern Corporation (NYSE: NSC) announced a quarterly dividend of $1.35 per share, payable on February 20, 2026, to shareholders of record on February 6, 2026. The company has maintained consecutive quarterly dividends for 174 quarters since its formation in 1982.

01/27/2026, 2:14 PM • Benzinga