STB

Former STB Chief Economist, Dr. William Huneke, Believes CN/KCS Combination Will Enhance Competition and That Voting Trust Should Be Approved

Retrieved on: 
Tuesday, June 22, 2021
Commercial policy, Competition, Foreign direct investment, Market structure, STB, Economy, Regions of the United States, Rail transport by country, Minnesota railroads

Huneke also points out that, for these benefits to be realized, the CN voting trust must be approved by the STB.

Key Points: 
  • Huneke also points out that, for these benefits to be realized, the CN voting trust must be approved by the STB.
  • But for this to even be considered, the STB must first approve the CN/KCS voting trust.
  • This means continued competition and we know that competition encourages lower rates, better service and innovation.
  • A CN/KCS combination will create a strong new rail-to-rail competitor that will provide new single-line rail movements in competition with other rail carriers.

Former STB Chief Economist, Dr. William Huneke, Believes CN/KCS Combination Will Enhance Competition and That Voting Trust Should Be Approved

Retrieved on: 
Tuesday, June 22, 2021
Trucking, Rail, Maritime, Air, Transport, Commercial policy, Competition, Foreign direct investment, Market structure, STB, Economy, Regions of the United States, Rail transport by country, Minnesota railroads, CN, Kansas City Southern, CN, KANSAS CITY SOUTHERN

Huneke also points out that, for these benefits to be realized, the CN voting trust must be approved by the STB.

Key Points: 
  • Huneke also points out that, for these benefits to be realized, the CN voting trust must be approved by the STB.
  • But for this to even be considered, the STB must first approve the CN/KCS voting trust.
  • This means continued competition and we know that competition encourages lower rates, better service and innovation.
  • A CN/KCS combination will create a strong new rail-to-rail competitor that will provide new single-line rail movements in competition with other rail carriers.

North America's Largest Railroad Operating Union Joins Others and Calls on STB to Reject CN Voting Trust

Retrieved on: 
Tuesday, June 15, 2021
Czechoslovak Socialist Republic, Eastern Bloc, Secret police, STB, Minnesota railroads, National security, Government

In a letter to the STB, SMART-TD President Jeremy Ferguson writes:

Key Points: 
  • In a letter to the STB, SMART-TD President Jeremy Ferguson writes:
    "The approval of the CN voting trust by the STB would be risky for the railway industry and quite possibly will negatively impact our involved SMART-TD members.
  • Approval of the CN voting trust proposal would harm employees of both KCS and CN due to the amount of debt CN will carry and the real possibility that the CN transaction would fail the regulatory test in the end.
  • The consequences for TCU's members and Union Brothers and Sisters will likely be adverse and contrary to the public interest."
  • Those labor organizations join more than 130 shippers, communities and other stakeholders writing directly to the STB in opposition to CN's voting trust proposal.

STB Applies "heavier Burden" and Greater Scrutiny to CN Bid for KCS, Underscoring Heightened Regulatory Risk

Retrieved on: 
Monday, May 17, 2021
Law, Countries, Equity, Government, Czechoslovak Socialist Republic, Eastern Bloc, Secret police, STB, STB, Motion, Hague Trust Convention, Trust law

The new merger rules require that the STB formally approve CN\'s proposed use of a voting trust.

Key Points: 
  • The new merger rules require that the STB formally approve CN\'s proposed use of a voting trust.
  • Though CN had filed a motion seeking such approval, the STB rejected that motion as incomplete.\nThe STB also rejected as "misplaced" CN\'s arguments about the legal standard governing its consideration of CN\'s proposed voting trusts.
  • The STB\'s decision made clear that this is a "broad" standard requiring "at minimum" the consideration of five statutory factors.
  • One of those factors relates to the potential impact of a voting trust on the financial condition of rail carriers.

CN Issues Statement on STB Decision

Retrieved on: 
Monday, May 17, 2021
Physical sciences, Natural sciences, SEC filings, Proxy statement, Shareholders, Statements, Prospectus, STB, KCS, Registration statement, Copernicium, Corporate finance

CN has received strong support for its combination with KCS as evidenced by the over 1,000 letters of support that have been filed with the STB by customers and other stakeholders.

Key Points: 
  • CN has received strong support for its combination with KCS as evidenced by the over 1,000 letters of support that have been filed with the STB by customers and other stakeholders.
  • In particular, CN will demonstrate that our strong balance sheet, cash flows and ratings profile will provide certainty that we have the financial strength and integrity to satisfy the STB\xe2\x80\x99s public interest analysis.
  • CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws.
  • Any definitive proxy statement(s), registration statement or prospectus(es) and other documents filed by CN and KCS (if and when available) will be mailed to stockholders of CN and/or KCS, as applicable.

CN Issues Statement on the STB’s Decision Regarding CP’s Voting Trust

Retrieved on: 
Thursday, May 6, 2021
Articles, Business law, Corporate law, Law, Business, Czechoslovak Socialist Republic, Eastern Bloc, Secret police, STB, Board of directors, Voting trust

The STB applied the same public interest factors that CN stated should apply to both Voting Trusts.

Key Points: 
  • The STB applied the same public interest factors that CN stated should apply to both Voting Trusts.
  • For the reasons given in the STB\xe2\x80\x99s decision, CN is confident that the STB will reach the same decision with respect to the identical Voting Trust put forward for CN\xe2\x80\x99s proposed acquisition of KCS.
  • Our proposal presents an unparalleled opportunity for customers, employees, shareholders and the North American economy.
  • These documents (if and when available) may be obtained free of charge from the SEC\xe2\x80\x99s website at www.sec.gov and www.sedar.com, as applicable.\n'

iWedia DVB stack gets certified by Netflix on a Hailstorm Hybrid operator STB

Retrieved on: 
Monday, February 1, 2021
Computing, Operating systems, Technology, Consumer electronics, Smartphones, Alphabet Inc., Android, STB, Set-top box, Motorola Droid

iWedia, a leading provider of software components and solutions for TV devices today revealed that its broadcast stack has been certified on a Hybrid Hailstorm operator STB.

Key Points: 
  • iWedia, a leading provider of software components and solutions for TV devices today revealed that its broadcast stack has been certified on a Hybrid Hailstorm operator STB.
  • Hailstorm is a Netflix device scaling program based on Android TV, that aims for faster time to market and lower engineering efforts.
  • The Hailstorm Hybrid program objective is to accelerate Operator' pre-integration work on an Android TV Hybrid set-top box (STB) and to achieve a shorter time to market deployment while ensuring all Netflix performance/quality metrics are met.
  • By leveraging existing Android framework to its full potential and integrating with TV Input Framework (TIF), iWedia's DVB stack features amongst the best and was granted certification as part of the Hybrid Hailstorm STB.

iWedia DVB stack gets certified by Netflix on a Hailstorm Hybrid operator STB

Retrieved on: 
Monday, February 1, 2021
Computing, Operating systems, Technology, Consumer electronics, Smartphones, Alphabet Inc., Android, STB, Set-top box, Motorola Droid

iWedia, a leading provider of software components and solutions for TV devices today revealed that its broadcast stack has been certified on a Hybrid Hailstorm operator STB.

Key Points: 
  • iWedia, a leading provider of software components and solutions for TV devices today revealed that its broadcast stack has been certified on a Hybrid Hailstorm operator STB.
  • Hailstorm is a Netflix device scaling program based on Android TV, that aims for faster time to market and lower engineering efforts.
  • The Hailstorm Hybrid program objective is to accelerate Operator' pre-integration work on an Android TV Hybrid set-top box (STB) and to achieve a shorter time to market deployment while ensuring all Netflix performance/quality metrics are met.
  • By leveraging existing Android framework to its full potential and integrating with TV Input Framework (TIF), iWedia's DVB stack features amongst the best and was granted certification as part of the Hybrid Hailstorm STB.

VideoAmp Hires Jonathan Steuer as EVP of TV Strategy & Currency

Retrieved on: 
Tuesday, September 8, 2020
Software, Online, Entertainment, Search engine marketing, Data management, Technology, General Entertainment, Other Entertainment, TV and Radio, Marketing, Advertising, Communications, Mass media, Television, Information and communications technology, Television technology, STB, Smart TV

VideoAmp, Inc. , the software and data platform that specializes in the measurement and optimization of media investments across linear TV, OTT, digital and walled gardens, has brought on Jonathan Steuer as EVP of TV Strategy & Currency.

Key Points: 
  • VideoAmp, Inc. , the software and data platform that specializes in the measurement and optimization of media investments across linear TV, OTT, digital and walled gardens, has brought on Jonathan Steuer as EVP of TV Strategy & Currency.
  • Steuer is tasked with driving the strategy behind the companys further development of a currency-grade, transaction-ready TV dataset for the entire advertising ecosystem, including buyers, sellers, delivery providers and other adjacent vendors.
  • VideoAmps current commingled TV data solution combines Smart TV ACR, cable STB and satellite STB data to address the limitations of each individual source.
  • To enable cross-channel measurement, VideoAmp onboards digital log files and leverages a measurement pixel to provide maximum coverage of OTT and cross-device media.

The K-beauty Innovator, STB International to Enter the U.S. Cosmetics Private Labeling Market

Retrieved on: 
Friday, September 4, 2020
Marketing, Cosmetics, Retail, Communications, Consumer, Women, STB, Cosmetics, Brand, Articles, Visual arts, Television

STB International (STB), a company established by Koreas color cosmetics NPD (New Product Development) experts, will start entering into the U.S. market.

Key Points: 
  • STB International (STB), a company established by Koreas color cosmetics NPD (New Product Development) experts, will start entering into the U.S. market.
  • Serving as a bridge between producers and distributors, STB provides information on branding, sales, competitor, and overall market situations.
  • Based on its expertise in quality control, inventory management, distribution environment, and other areas of production, STB has established partnerships with internationally leading cosmetics brands.
  • Any inquiries to STB International, such as about business agreement for cosmetics development and production, can be sent to [email protected] .