May 31, 2011 | CP, Headlines
(The following appeared on the Financial Post website on May 27, 2011.) OTTAWA — Severe flooding is expected to once again jam up Canadian Pacific Railway Ltd.’s earnings in the second quarter. CP’s management has indicated that the negative impact from flooding along...
May 18, 2011 | CP, Headlines
(Dow Jones circulated the following on May 17, 2011.) TORONTO — Credit-ratings agency Standard & Poor’s Corp. Railway Ltd.’s debt ratings on weaker operating metrics compared to its peers. The ratings had been on negative outlook since late 2007,...
May 13, 2011 | CP, Headlines
(Canadian Pacific issued the following on May 11, 2011.) CALGARY, Alberta — The Board of Directors of Canadian Pacific Railway Limited today declared an increase in CP’s next quarterly dividend to thirty cents ($0.30) Canadian per share on the outstanding Common...
April 27, 2011 | CP, Headlines, Short Line
(The Associated Press circulated the following on April 26, 2011.) SIOUX FALLS, S.D. — A former Dakota, Minnesota & Eastern Railroad manager is suing the company’s Canadian owner, saying executives should have honored a preexisting deal that promised he...
April 26, 2011 | CP, Headlines
(Canadian Pacific issued the following on April 21, 2011.) CALGARY, Alberta — Canadian Pacific Railway Limited announced its first-quarter 2011 results today. Reported net income in the first-quarter was $33.7 million and diluted earnings per share were $0.20. As...
April 19, 2011 | CP, Headlines
(The following story appeared on the Daily Reporter website on April 18, 2011.) WAUWATOSA, Wis. — A forklift operator has only minor injuries after a freight train collided with his machine in Wauwatosa. Police say the Canadian Pacific Railway train was traveling...
April 14, 2011 | CP, Headlines
(The following story by Kevin Swayze appeared on The Record website on April 14, 2011.) CAMBRIDGE, Ont. — Next month, it’s finally, really, going to happen. That’s when construction starts on a $25 million bridge to carry Hespeler Road over the Canadian Pacific...
March 28, 2011 | CP, Headlines
(Canadian Pacific issued the following on March 25, 2011.) BISMARCK, N.D. — Canadian Pacific announced the investment of $100 million in North Dakota between 2010 to 2012. The investment plan will expand network capacity and enhance rail service in order to meet...
March 23, 2011 | CP, Headlines
(The following appeared on the Journal of Commerce website on March 22, 2011.) WASHINGTON, D.C. — Citing severe winter weather and a lag in fuel surcharges catching up with a surge in diesel prices, Canadian Pacific Railway said its “first quarter earnings will...
March 22, 2011 | CP, Headlines
(The following appeared on the Financial Post website on March 22, 2011.) OTTAWA — Canadian Pacific Railway Ltd.’s warning this week that its first quarter profit would likely come in dramatically below expectations led to a series of earning estimate revisions...
