May 4, 2012 | CP, Headlines
(Full story: Reuters, May 4, 2012) TORONTO/BOSTON — An influential advisory firm on Thursday endorsed Pershing Square Capital Management’s entire slate of seven nominees to Canadian Pacific Railway Ltd’s board in a major boost to the hedge fund’s...
May 3, 2012 | CP, Headlines
(Source: Teamsters Canada Rail Conference press release, April 26, 2012) LAVAL, Quebec — The general committees of the Teamsters Canada Rail Conference (TCRC) representing the conductors, trainmen, yardmen, locomotive engineers and rail traffic controllers employed by...
May 3, 2012 | CP, Headlines
(Source: Bloomberg News, May 2, 2012) NEW YORK — William Ackman, the investor waging a proxy fight to oust Canadian Pacific Railway Ltd. (CP)’s chief executive officer, ruled out a compromise that eliminates Hunter Harrison as a possible successor. Full story:...
May 3, 2012 | CN, CP, Headlines
(Source: Associated Press, May 2, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading, including CN, which fell 0.2 percent, and CP Rail, which rose 0.2 percent. Full story: CBS News
May 2, 2012 | CP, Headlines
(Source: Globe and Mail, May 2, 2012) TORONTO — Canadian Pacific Railway’s embattled directors are signaling that they want to negotiate a peace accord with activist Bill Ackman as the company draws near to a May 17 proxy shootout. Full story: Globe and...
May 1, 2012 | CP, Headlines
(Source: Canadian Pacific Railway press release, April 30, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited today announced that it has posted a new investor presentation to the “Shareholder Communication” section of www.CPonTrack.com. As noted in the...
April 30, 2012 | CP, Headlines
(Source: CP Rail press release, April 29, 2012) CALGARY, Alberta — During Rail Safety Week in Canada — April 30 to May 6 — the Canadian Pacific Police Service (CPPS) will be reminding the public about the importance of rail safety by taking their message to the...
April 27, 2012 | CP, Headlines
(Source: Globe and Mail, April 27, 2012) TORONTO — Canadian Pacific Railway Ltd.’s chairman John Cleghorn waded into the escalating war of words with its largest shareholder Bill Ackman by demanding that the activist retract “outrageous” and “false” accusations about...
April 26, 2012 | CP, Headlines
(Source: Canadian Pacific Railway press release, April 20, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited announced its first-quarter 2012 results today with reported net income of $142 million, an increase of $108 million, or 318%, from the same period in...
April 24, 2012 | CP, Headlines
(Source: Canadian Pacific Railway