President Obama Rejects Keystone XL Pipeline

President Obama Rejects Keystone XL Pipeline

President Barack Obama has announced that his administration will reject the Keystone XL pipeline project, stating that it “would not serve the national interests of the United States.” As such, TransCanada, the company who proposed the mission, will not be allowed to...
Hedge Fund Activists Set Sights on TransCanada

Hedge Fund Activists Set Sights on TransCanada

TransCanada Corp., the Canadian pipeline giant, could be the next target for activist hedge funds such as Third Point, led by Daniel Loeb. Based in Calgary, TransCanada is best known as a proponent of the controversial Keystone XL pipeline that would run from Alberta...
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