CN posts record results in '99

Article Abstract:

BC-based Canadian National Railway Co., which is led by chief executive officer Paul Tellier, reported record operating profits of $751 million for 1999. Canadian National is working to complete its merger with Fort Worth, Texas-based Burlington Northern and Santa Fe Railway Co.

United States, Acquisitions & mergers, Railroads, Rail Transportation, Statistical Data Included, Mergers, acquisitions and divestments, Canadian National Railway Co., Burlington Northern and Santa Fe Railway Co.

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Battered Laidlaw takes $1.39-billion writedown

Article Abstract:

Burlington, Ont.-based Laidlaw Inc. will take a $1.39 billion writedown related to its waste removal and health care operations. Laidlaw, which owns Columbia, SC-based Safety-Kleen Corp., reported a loss of $1.46 billion in the quarter ended Feb. 29, 2000.

Transit and Ground Passenger Transportation, LOCAL AND INTERURBAN PASSENGER TRANSIT, Local & Intercity Transit, Transportation industry, Public transportation, Laidlaw Inc.

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