Canadian National Railway Company (T.CNR) hit a new 52-week high of $59.90; CN announces that it received yesterday, and will begin implementing, Arbitrator Andrew Sims' arbitration ruling setting the terms and conditions of a new three-year collective agreement between CN and the Teamsters Canada Rail Conference (TCRC), representing 1,700 locomotive engineers in Canada.
The decision, whose terms are retroactive to January 1, 2009, expires on Dec. 31, 2011. It provides a 1.8% wage increase in 2009, 2.4% in 2010, and 2.6% in 2011, as well as dental plan benefit improvements that come into effect on April 1, 2010.
Western Financial Group Inc. (T.WES) hit a new 52-week high of $3.50; no news announcements today
Mantra Resources Limited (T.MRL) hit a new 52-week high of $5.75; no news announcements today
Student Transportation Inc. (T.STB) hit a new 52-week high of $5.12; no news announcements today
Power Financial Corporation (T.PWF) hit a new 52-week high of $33.09; no news announcements today
Brookfield Properties Corporation (T.BPO) hit a new 52-week high of $15.50; no news announcements today
Paladin Labs Inc. (T.PLB) hit a new 52-week high of $22.40; no news announcements today
BMTC Group Inc. (T.GBT.A) hit a new 52-week high of $37.97; no news announcements today
Cline Mining Corporation (T.CMK) hit a new 52-week high of $1.32; no news announcements today
Genesis Land Development Corp. (T.GDC) hit a new 52-week high of $3.65; no news announcements today