March 28, 2012 | CP, Headlines
(Source: Reuters, March 27, 2012) TORONTO — Canadian Pacific Railway Ltd, battling a fierce challenge from its largest shareholder, is setting performance records this year, Chief Executive Fred Green said on Tuesday in an unusually blunt response to his critics. Full...
March 27, 2012 | CP, Headlines
(Source: Globe and Mail, March 27, 2012) TORONTO — Canadian Pacific Railway Ltd.’s embattled chief executive officer has come out swinging against an American investor’s proposal to oust him, arguing that it is based on a flawed analysis of the company. Fred Green...
March 23, 2012 | CP, Headlines
(Source: Calgary Herald, March 23, 2012) CALGARY, Alberta — Canadian Pacific Railway Ltd nominated activist investor William Ackman for election to its board of directors on Thursday, the latest twist in a drawn-out proxy battle with his Pershing Square Capital...
March 22, 2012 | CN, CP, Headlines
(Source: Associated Press, March 21, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on March 21, including CN, which rose 1.8 percent, and CP Rail, which rose 2.0 percent. Full story: CBS News
March 20, 2012 | CP, Headlines
(Source: Canadian Pacific Railway press release, March 19, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited will make a public presentation to investors and analysts detailing its progress against key operational metrics and outlining its plan for continuing...
March 19, 2012 | CN, CP, Headlines
(Source: Financial Post, March 18, 2012) OTTAWA — A new poll suggests as many as 91% of Canadian Pacific Railway Ltd.’s shareholders want change at the railroad, and nearly three-quarters of them support activist investor Bill Ackman’s push to replace its chief...
March 16, 2012 | CP, Headlines
(Source: Bloomberg News, March 14, 2012) NEW YORK — Canadian Pacific Railway Ltd. (CP) reaffirmed its support for Chief Executive Officer Fred Green following a news report the board would be open to a management shakeup proposed by its biggest investor, William...
March 16, 2012 | CP, Headlines
(Source: Canadian Pacific Railway press release, March 15, 2012) MINNEAPOLIS, Minn. — Canadian Pacific Railway Limited (CP) today announced a multi-year agreement with Unimin Corporation of New Canaan, Connecticut, for the movement of frac sand from Unimin’s...
March 14, 2012 | CP, Headlines
(Source: Financial Post, March 13, 2012) OTTAWA, Ontario — Two directors at Canadian Pacific Railway Ltd. acknowledged for the first time Tuesday the company’s board could consider a management shake-up ahead of the railway’s annual general meeting in May if the...
March 14, 2012 | CP, Headlines
(Source: Globe and Mail, March 13, 2012) TORONTO — The fight for control of Canadian Pacific Railway Ltd. heated up Tuesday when Hunter Harrison, the proposed replacement CEO, claimed his side is in the lead when it comes to signing up proxy votes. Full story: Globe...
