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Analysts: CP Rail headed for disappointing third quarter

(Source: Financial Post, September 19, 2012) OTTAWA — Canadian Pacific Railway Ltd. may well be heading toward a disappointing third quarter result, but analysts still encouraged investors to keep aboard the railroad. CP’s volumes during the third quarter have been...

Railroad stocks mixed at close of August 29 trading

(Source: Associated Press, August 29, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on August 29, including CP Rail, which fell 0.4 percent, and CSX, which rose 0.2 percent. Full story: CBS News

Railroad stocks mixed at close of August 6 trading

(Source: Associated Press, August 6, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on August 6, including CSX, which fell 0.9 percent, and Canadian Pacific, which rose 0.9 percent. Full story: CBS News

CP Rail proxy fight price tag hit $55 million

(Source: Toronto Star, July 15, 2012) TORONTO — The bitter proxy fight for control of CP Rail carried a $55 million price tag, including $13 million in costs and $42 million in expenses specifically related to hiring Hunter Harrison as CEO. Details were released as CP...

Canadian Pacific announces second-quarter 2012 results

(Source: Canadian Pacific Railway press release, July 25, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited announced its second-quarter 2012 results today with reported net income of $103 million and diluted earnings per share of $0.60, inclusive of the...

Canadian government names arbitrator in TCRC-CP Rail dispute

(Source: Reuters, July 20, 2012) OTTAWA, Ontario — Canadian Labour Minister Lisa Raitt named William Kaplan as the arbitrator in the dispute between the Canadian Pacific Railway and Teamsters Canada Rail Conference, according to a statement issued by Raitt’s...