February 9, 2012 | CN, Headlines
(Source: CN press release, February 3, 2012) CHIPPEWA FALLS, Wisc. — CN today marked the opening of its newest intermodal terminal at Chippewa Falls in a ribbon-cutting ceremony here. The terminal, located only 100 miles east of Minneapolis/St. Paul, offers Wisconsin...
February 7, 2012 | CN, CP, Headlines
(Source: Calgary Herald opinion column, February 7, 2012) CALGARY, Alberta — The issue is whether Hunter Harrison can deliver at CP Rail as he did at CN. After all, changing a corporate culture — especially at a place like Canadian Pacific — won’t be easy. And,...
February 7, 2012 | CN, CP, Headlines
(Source: Bloomberg News, February 6, 2012) WASHINGTON, D.C. — Canadian Pacific Railway Ltd.’s (CP) support for Chief Executive Officer Fred Green doesn’t make sense because the company’s performance trails all of its North American peers, the railroad’s largest...
February 6, 2012 | CN, CP, Headlines
(Source: Business News Network, February 6, 2012) OTTAWA — Hunter Harrison is so convinced that he will be driving a turnaround at Canadian Pacific Railway Ltd. that he invested $5 million last week in the freight carrier’s shares. “Look, you think I...
January 30, 2012 | CN, Headlines
(Source: CN press release, January 24, 2012) MONTREAL, Jan. 24, 2012 — CN today reported its financial and operating results for the fourth quarter and year ended Dec. 31, 2011. Fourth-quarter and full-year 2011 highlights: • Net income for the final quarter of 2011...
January 30, 2012 | CN, CP, Headlines
(Source: Financial Post, January 27, 2012) TORONTO — William Ackman’s Pershing Square Capital Management will make its case to shareholders for a new CEO at Canadian Pacific Railway at a meeting on Feb. 6 in Toronto, according to a person familiar with the fund’s...
January 25, 2012 | CN, CP, Headlines
(Source: Canadian Press, January 25, 2012) OTTAWA — The battle over control of Canadian Pacific Railway Ltd. heated up Tuesday, with dissident shareholder William Ackman announcing a five-member slate of nominees he’d like to see join CP’s board of...
January 25, 2012 | CN, CP, Headlines
(Source: Dow Jones, January 25, 2012) TORONTO — Dow Jones provides the latest update in an intensifying battle between Canada’s two larges railroads, Canadian Pacific and CN. Full story: Wall Street Journal
January 25, 2012 | CN, Headlines
(Source: Seeking Alpha, January 24, 2012) NEW YORK — A transcript of Norfolk Southern’s earnings call with investors is available on the Seeking Alpha website. Full story: Seeking Alpha
January 24, 2012 | CN, Headlines
(Source: Bloomberg News, January 24, 2012) NEW YORK — Investor William Ackman said he will shield Hunter Harrison, his choice to run Canadian Pacific Railway, against a possible loss of benefits after the retired executive’s former employer, CN, suspended pension and...
