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Editorial: DM&E coal trains fade from bypass debate

(The following editorial appeared on the Post Bulletin website on August 31, 2009.) ROCHESTER, Minn. — Regardless of where you stand concerning coal trains, the Southern Rail Corridor and rail traffic in general, last week was an eventful one. When DM&E announced...

Canadian Pacific stock downgraded at UBS

(The following story by Scott Deveau appeared on the Financial Post website on August 31, 2009.) OTTAWA — While Canada’s top tier railways remain relatively inexpensive at current levels, the recent run-up in Canadian Pacific Railway Ltd.’s stock led to a...

DM&E puts $6 billion coal plan on hold

(The Associated Press circulated the following on August 28, 2009.) CHEYENNE, Wyo. — The Dakota Minnesota & Eastern Railroad Corp. said Wednesday its $6 billion plan to ship Wyoming coal across South Dakota and Minnesota has been put on hold because of the poor...

Canadian Pacific upgraded at RBC

(Scott Deveau of the National Post) While the recession has certainly beaten up the volumes of Canadian Pacific Railway Ltd., it has also provided a much needed opportunity to strip some costs out of its operations as well. As its volumes start to recover in the...

Canadian Pacific disclosure practices recognized

(Canadian Pacific issued the following on August 25, 2009.) CALGARY — Canadian Pacific Railway Limited (TSX/NYSE: CP) announced today it has been awarded the Governance Gavel Award for Director Disclosure by the Canadian Coalition for Good Governance (CCGG). The award...

Analysts upgrade CP Rail stock to “outperform”

(The following appeared at StreetInsider.com on August 26, 2009.) NEW YORK — RBC Capital upgrades Canadian Pacific Railway (NYSE: CP) from Sector Outperform to Outperform. Price target increased from $49 to $67. RBC analyst says, “Seeing a return to a more...

Canadian Pacific downgraded at National Bank

(The following story by Scott Deveau appeared on the National Post website on August 18, 2009.) OTTAWA — Canadian Pacific Railway Ltd. was downgraded Tuesday to a “sector perform” by David Newman, National Bank Financial analyst, after a recent run-up in its stock...

Opinion: A consensus on the rails

(The following column by Christopher Barker appeared on the Motley Fool website on July 30, 2009.) NEW YORK — Consensus is both rare and beautifully constructive. Once achieved, it allows Fools to continue to the next station in their investing journey. But be sure...

CP Rail declares dividend

(Canadian Pacific Railway issued the following on July 29, 2009.) CALGARY — The Board of Directors of Canadian Pacific Railway Limited (TSX/NYSE: CP) today declared a quarterly dividend of twenty four and three quarter cents ($0.2475) Canadian per share on the...