May 1, 2009 | CP, Headlines
(Canadian Pacific and IBM issued the following on May 1, 2009.) TORONTO — IBM (NYSE: IBM) has signed a five-year renewal with Canadian Pacific (TSX: CP) (NYSE: CP) to provide strategic outsourcing services. This current infrastructure agreement includes mainframe,...
April 30, 2009 | CP, Headlines
(The following story by Scott Deveau appeared on the Financial Post website on April 30, 2009.) OTTAWA, Ontario — Canadian Pacific Railway Ltd. is discussing a new partnership with Kansas City Southern Railway Co. aimed at granting the railways access to each...
April 24, 2009 | CP, Headlines
(Reuters circulated the following on April 23, 2009.) SASKATOON, Sask. — A Canadian appeals court ordered a grain research foundation on Thursday to repay more than C$400,000 ($328,000) to Canadian Pacific Railway (CP.TO), after it ruled the carrier exceeded its grain...
April 24, 2009 | CP, Headlines
(The following story by Gina Teel appeared on the Calgary Herald website on April 24, 2009.) CALGARY, Alberta — Unprecedented drops in freight traffic volumes in crucial markets saw Canadian Pacific Railway Ltd. post a 31 per cent decline in first-quarter profits....
April 23, 2009 | CP, Headlines
(The following story by Jeffrey Pieters appeared on the Post-Bulletin website on April 23, 2009.) ROCHESTER, Minn. — By mid-July or early August, Rochester’s section of the Dakota, Minnesota & Eastern Railroad will have all-new rail — and faster...
April 23, 2009 | CP, Headlines
(Canadian Pacific issued the following on April 23, 2009.) CALGARY, Alberta — Canadian Pacific Railway Limited (TSX/NYSE: CP) announced first-quarter earnings results today of $0.39 per share. This is a decrease of 34 per cent from first-quarter 2008 earnings per...
April 23, 2009 | CP, Headlines
(Dow Jones Newswires circulated the following on April 23, 2009.) NEW YORK — Canadian Pacific Railway Ltd. (CP) posted much lower earnings in the first quarter, mainly reflecting declining freight-traffic volume. The Calgary-based railway reported net income of C$62.5...
April 17, 2009 | CP, Headlines
(Dow Jones Newswires circulated the following story by Monica Gutschi on April 17, 2009.) TORONTO — Employees at Canadian Pacific Railway Ltd. (CP) are bracing for another round of job losses as the Calgary-based rail scrambles to slash costs in line with the dramatic...
April 16, 2009 | CP, Headlines
(The following story by Dave Battagello appeared on The Windsor Star website on April 16, 2009.) WINDSOR, Ontario — Armed with a safety audit showing a more than 35 per cent defect rate for trains entering Windsor from the U.S., MP Brian Masse has called on Ottawa to...
April 9, 2009 | CN, CP, Headlines
(The following story by Scott Deveau appeared on the Financial Post website on April 7, 2009.) OTTAWA — With the country’s largest railways set to report their first-quarter earnings in two weeks, Fadi Chamoun, UBS analyst, is predicting Canadian Pacific Railway...
