Great-West Lifeco Inc.’s money- losing U.S. wealth unit is dragging down the stock. That makes it a bargain, according to a Bloomberg News valuation analysis.
Canadian National Railway Co., North America’s most efficient carrier, said it will split its stock and plans a C$1.4 billion ($1.36 billion) buyback after posting a third-quarter profit that beat analysts’ estimates.
Canadian National Railway Co. reported first-quarter profit that beat analysts’ estimates as shipments of petroleum and chemicals increased, offsetting higher weather-related costs such as fuel.
Canadian National Railway Co. said it’s alleviating a shortage of rail capacity for lumber shipments in British Columbia.
Equities: Unica, Canadian National Railway, Assurant