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CP Rail may see $1 billion in new revenue

(The following story by John D. Boyd appeared on The Journal of Commerce website on June 3, 2010.) WASHINGTON, D.C. — Canadian Pacific Railway says it may gain as much as $960 million in new business in the next five years and expects to realize significant cost...

CP Rail aims to boost operating efficiencies

(Reuters circulated the following story by Allan Dowd on June 2, 2010.) VANCOUVER — Canadian Pacific Railway (CP.TO) can become more efficient with operating changes that do not require significant capital spending, the carrier’s new chief operating officer said...

Analyst upgrades shares of CP Rail stock

(Reuters circulated the following on May 25, 2010.) NEW YORK — Desjardins Securities upgraded Canadian Pacific Railway Ltd. to “buy” from “hold,” and said rail fundamentals remained strong with volumes continuing to recover. Desjardins analyst...

Canadian Pacific boosts 2010 spending plans

(The following article by John D. Boyd appeared on The Journal of Commerce website on May 24, 2010.) WASHINGTON, D.C. — Canadian Pacific Railway is raising by about $66 million the amount it plans to spend on capital improvements this year, for a new spending program...

CP Rail wants clarity from feds, provinces

(The Canadian Press circulated the following story by Lauren Krugel on May 22, 2010.) CALGARY — Ottawa and the provinces need to do a better job of co-ordinating policy on issues ranging from the environment to tax reform, Canadian Pacific Railway Ltd.’s top...

Canadian Pacific raises dividend 9 percent

(Reuters circulated the following on May 21, 2010.) CALGARY — Canadian Pacific Railway Ltd (CP.TO) said it raised its quarterly dividend by 9 percent and increased its 2010 capital spending budget by C$70 million ($65.7 million). Canada’s second biggest railway...

Analysts praise Canadian Pacific results

(The following story by David Pett appeared on the Financial Post website on April 30, 2010.) OTTAWA — Shares in Canadian Pacific Railway Ltd. are on the move, as the Street shower’s the country’s second-biggest railroad with praise following...