January 27, 2012 | CP, Headlines
(Source: Journal of Commerce, January 26, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, the time to switch the tracks and prevent Canadian Pacific Railway from barreling toward a proxy fight is over. Full story: Journal of...
January 26, 2012 | CP, Headlines
(Source: Reuters Canada, January 26, 2012) CALGARY, Alberta — Canadian Pacific Railway reported a 18.8 percent increase in fourth-quarter net income on Thursday but an important measure of operating efficiency weakened, a trend that will likely fuel demands by...
January 25, 2012 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 24, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited today noted the press release issued by Pershing Square Capital Management, L.P. announcing that it intends to nominate five individuals to stand for...
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 24, 2012 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 24, 2012) CALGARY, Alberta — Canadian Pacific today announced that it received a letter from Pershing Square including a requisition for a meeting of shareholders for the purpose of electing five Pershing Square...
January 24, 2012 | CN, CP, Headlines
(Source: Globe and Mail, January 24, 2012) TORONTO — Canadian National Railway Co. has suspended Hunter Harrison’s pension payments, alleging that the former chief executive officer has breached provisions of his retirement deal and poses a serious threat to CN if he...
January 23, 2012 | Canada, CP, Headlines
(Source: Bloomberg News, January 20, 2012) NEW YORK — In spite of pressure from activist investor William Ackman to hire a new chief executive officer, Canadian Pacific Railway Ltd. said some customers and shareholders support its current CEO, Fred Green. Full story:...
January 23, 2012 | Canada, CP, Headlines
(Source: Canadian Pacific Railway press release, January 23, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited announced today a 10-year agreement with Canpotex Limited. Under the agreement, CP will be Canpotex’s principal Canadian railway, transporting a...
January 19, 2012 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 19, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited announced today an agreement with Canadian Tire Corporation Limited, which extends to early 2017 and awards the railway with the vast majority of...
