May 16, 2012 | CN, CP, Headlines
(Source: Financial Post, May 15, 2012) TORONTO — Claude Mongeau, Canadian National Railway Co. chief executive, is not concerned members of his senior executive team might be lured away if his former boss Hunter Harrison is appointed to head of rival Canadian Pacific...
May 16, 2012 | CP, Headlines
(Source: Reuters Canada, May 15, 2012) TORONTO/VANCOUVER — Storied Canadian Pacific Railway Ltd faces tough challenges as a grueling proxy battle nears its end, and a likely new boss must meet investors’ high expectations as well as keeping staff and employees...
May 15, 2012 | CP, Headlines
(Source: Canadian Press, May 14, 2012) CALGARY, Alberta — The latest poll by investor advisory firm Brendan Wood suggests the activist investor pushing for change at Canadian Pacific Railway Ltd. is gaining support. Full story: Winnipeg Free...
May 14, 2012 | CP, Headlines
(Source: Globe and Mail, May 13, 2012) TORONTO — A vicious months-long proxy fight over the future of Canadian Pacific Railway Ltd. culminates this week as the combatants converge on Calgary. Full story: Globe and Mail
May 14, 2012 | CP, Headlines
(Source: Financial Post, May 11, 2012) OTTAWA — Last summer, a group of about 20 high-profile portfolio managers were invited to Benoit’s, a trendy midtown New York City bistro, to discuss opportunities in the transportation sector. The private, oak-panelled room...
May 10, 2012 | CP, Headlines
(Source: Globe and Mail, May 10, 2012) TORONTO — Canadian Pacific Railway Ltd. has a problem over a century in the making. As the company’s war for control with activist investor Bill Ackman rages into its ninth month, obscure bonds issued as far back as 1889 are...
May 10, 2012 | CP, Headlines, UP
(Source: Associated Press, May 9, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on May 9, including CP Rail, which fell 0.8 percent, and UP, which fell 1.1 percent. Full story: CBS News
May 10, 2012 | CP, Headlines
(Source: Canadian Pacific Railway press release, May 9, 2012P CALGARY, Alberta — Canadian Pacific Railway Limited today reported further improvements to the Company’s operating metrics during the month of April, 2012, which were driven by the continued successful and...
May 9, 2012 | CP, Headlines
(Source: Reuters, May 9, 2012) NEW YORK — Two more proxy advisory firms backed activist investor William Ackman in his bid to shake-up Canadian Pacific Railway Ltd, a further boost for Ackman’s Pershing Square Capital Management in its proxy fight with...
May 8, 2012 | CP, Headlines
(Source: Bloomberg News, May 8, 2012) NEW YORK — William Ackman’s push to oust the chief executive officer of Canadian Pacific Railway Ltd. (CP) may succeed even if some of the hedge-fund manager’s board nominees lose in a proxy vote. Source: Bloomberg...
