Updating CANADIAN NATIONAL RAILWAY CO., FINNING INTERNATIONAL INC. and BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND

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CANADIAN NATIONAL RAILWAY CO. $58 will drop its plan to increase its locomotive engineers’ monthly mileage cap by roughly 13%. In return, the union representing these workers agreed to go back to work after a short strike. The two sides will continue to negotiate salaries and other details. If they can’t agree, they will submit to binding arbitration. That eliminates the possibility of a long walkout. Buy. FINNING INTERNATIONAL INC. $16 is selling seven Caterpillar mining trucks and nine tractors to Shell Canada Energy. This equipment will help Shell increase production at one of its oil-sands properties in Alberta. Finning did not disclose the exact value of this order, but it was probably between $50 million and $60 million. That’s about 1% of its $5.2 billion of annual revenue. Buy. BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $28 will let investors who own 99 or fewer units sell them at no commission cost through a special offer that expires February 19, 2010. For…