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CN conductors taking strike vote |
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Wednesday, 01 September 2010 11:10 |
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Source: Staff - CountryGuide.ca
Conductors, yardmen and traffic co-ordinators at Canadian National Railway (CN) expect to know by the end of this month whether they have a mandate to walk off the job.
The Teamsters Canada Rail Conference, whose bargaining unit in this case includes about 2,700 unionized CN employees, said Sunday its negotiations with the Montreal-based company broke down last Friday and no further talks were yet scheduled.
"We have hardly begun discussions before the employer wants to end them," Bryan Boechler, spokesperson for the Teamsters' negotiations committee, said in a release Sunday. "And we all know that it takes two to tango."
The union said Sunday it "had no other choice" but to send mail-in strike vote ballots to eligible members.
The results of a mail-in vote are expected between now and the end of September, the Teamsters said, and barring any progress in talks with the company, a walkout or a lockout could therefore take place in the fall.
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Sunday, 29 August 2010 00:00 |
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Soyurce: Ron Meisels and Monica Rizk -Globe and Mail
From Saturday's Globe and Mail Published on Friday, Aug. 06, 2010 7:18PM EDT Last updated on Monday, Aug. 09, 2010 6:16AM EDT
From the low of $37.85 in March, 2009 (A), Canadian National Railway Co. (66.411.342.06%) has had a tremendous rise despite heavy resistance (shaded area). The stock had a series of higher highs and higher lows along a rising trendline (dashed line) and shot past previous resistance to a new all-time high of $67.20 (B). This rise demonstrates strength and signals higher targets.
Technical indicators including the 40-week moving average, volatility system indicator and the MACD (lower panel) confirm the bullish status. Only a decline below the 40-week moving average (currently at about $58.50) would reverse the positive status of this stock.
Point & Figure measurements provide a target of $84 (a 25-per-cent appreciation potential from current levels). Higher targets are clearly visible.
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CN Railway provoke workers to strike, Teamsters say |
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Sunday, 29 August 2010 15:57 |
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Source: 680News staff
TORONTO, Ont. - The Canadian National Railway is provoking its workers to launch a strike, Teamsters Canada Union said.
The statement comes after negotiations broke down, Friday.
The union has fired the latest volley in the labour unrest at the Canadian National Railway.
No further dates of discussions are scheduled and the company refused an extension of the conciliator's mandate.
The union has sent a strike vote by mail to its members.
The results are expected sometime between now and the end of September.
A walkout or a lockout could take place this fall.
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