(Reuters circulated the following article on April 20.)
NEW YORK — Strength in the railroad sector could push up shares of Canadian Pacific Railway, BusinessWeek magazine wrote in its May 1 edition.
The article quoted an analyst and a fund manager as saying expected earnings growth could drive the share price higher.
Canadian Pacific shares closed at C$62.71 on the Toronto Stock Exchange, off 66 cents Canadian on the day. They are up 28.7 percent so far this year.