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The Latest Breaking News from CNR

More than 70 crocodiles on the loose after flooding in China

Deluges around the southern city of Maoming cause a lake at a commercial crocodile farm to overflow.

Al Jazeera

Virgin Galactic aces its 1st-ever commercial launch of suborbital space plane (video)

Virgin Galactic flew its first-ever commercial mission today (June 29), sending a crew of four to suborbital space and back.

Space

Virgin Galactic's 1st commercial spaceflight launches this week. Meet the 6-person crew of Galactic 01

Virgin Galactic has announced the crew of its upcoming first commercial spaceflight mission that is set to launch no earlier than June 29.

Space

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Permanent oil pollution of Scottish waters revealed for first time

Oil slicks off the coasts of Aberdeen and Shetland have been identified in a report revealing thousands of tonnes of spills into UK waters from oil…

The National (Scotland)

NT government issues urgent call-for public service staff to help at Howard Springs flood evacuation centre

With hundreds of remote community residents still housed at the Howard Springs evacuation centre near Darwin, the government is calling for support from public servants to reduce the strain on staff.

ABC News

What is Macron’s new consultation body that has opposition MPs fuming?

French President Emmanuel Macron on Thursday opened a new consultative committee of politicians, business leaders and civil society to advise on a range of issues. Designed to reboot democratic processes, the "CNR" has been shunned by opposition MPs and several trade unions who say it bypasses the role of the…

Radio France Internationale

Rescuers are using drones to help search for avalanche survivors in Italy

The terrain being searched is still so unstable that rescue crews are using drones to try to find any survivors while helicopters searched overhead.

WEKU

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Drone search resumes on Italian glacier after avalanche

Rescuers using drones are resuming the search for an estimated 13 people unaccounted-for following an avalanche in northern Italy that killed at least seven people and is being blamed in large part on rising temperatures that are melting glaciers

The Independent UK

Italian glacier collapse: rescuers hampered by thunderstorms

Visiting scene, Italian PM says country must take measures to ensure such a tragedy does not happen again

The Guardian - UK

Drones used in search after fatal Italian glacier avalanche

Drones are flying over an Italian Alpine mountainside seeking to spot any more victims, a day after a huge chunk of a rapidly melting glacier broke loose, sending an avalanche of ice, snow and rocks slamming into hikers

The Independent UK

BMO Capital Upgrades This Canadian Transportation Company To Outperform - Read Why

BMO Capital analyst Fadi Chamoun upgraded Canadian National Railway Co (TSX:CNR) (NYSE:CNI) to Outperform from Market Perform. The analyst maintained the Price Target for CNR at C$170. While maintaining the C$170 target price, the analyst sees a potential upside of C$190-C$200 if the demand environment remains favorable and the company executes on the large self-help…

Benzinga

Cornerstone Building Brands Agrees To Be Acquired By CD&R For $5.8B

Cornerstone Building Brands Inc (NYSE:CNR) has agreed to be acquired by Clayton, Dubilier & Rice (CD&R) affiliates in an all-cash transaction with an enterprise value of ~$5.8 billion, including debt. Cornerstone Building Brands' shareholders will receive $24.65 in cash per share, representing a 16% premium to the closing price as of March 4,…

Benzinga

Cornerstone Building Brands Clocks ~24% Sales Growth In Q4, Tops Street View

Cornerstone Building Brands Inc (NYSE:CNR) reported fourth-quarter sales growth of 23.5% year-over-year to $1.47 billion, beating the consensus of $1.45 billion. Sales by Segment: Windows $618.8 million (+21% Y/Y), Siding $327.6 million (+11.5% Y/Y) and Commercial $525.2 million (+36% Y/Y). The gross margin contracted 80 bps to 21.6%. Operating income increased 4.4% Y/Y…

Benzinga

Recap: Cornerstone Building Q4 Earnings

Cornerstone Building (NYSE:CNR) reported its Q4 earnings results on Tuesday, March 1, 2022 at 08:51 AM. Here's what investors need to know about the announcement.

Benzinga

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Benzinga

Cornerstone Building's Debt Overview

Over the past three months, shares of Cornerstone Building (NYSE:CNR) rose by 29.35%. Before we understand the importance of debt, let us look at how much debt Cornerstone Building has.

Benzinga

Cornerstone Building Brands Stock Soars After CD&R Bids For The Remaining Stake

Cornerstone Building Brands Inc (NYSE:CNR) has received a non-binding proposal from funds affiliated with Clayton, Dubilier & Rice, LLC to acquire all its outstanding shares of common stock for $24.65 in cash per share. The offer price represents a 34% premium to Friday's closing price of $18.40. CD&R already owns ~49% of Cornerstone…

The Independent UK

Unite demands intervention over oil company’s mandatory vaccine rule

The union has confirmed that it is looking at legal action against any company seeking to pursue a ‘jab or job’ policy.

People

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