December 3, 2013 | CP, Headlines
(Source: Canadian Pacific Railway press release, November 27, 2013) CALGARY, Alberta — The Board of Directors of Canadian Pacific Railway Limited declared a quarterly dividend of thirty-five cents ($0.35) Canadian per share on the outstanding Common Shares. The...
November 26, 2013 | CP, Headlines
(Source: Reuters, November 25, 2013) WINDERMERE, B.C. — A northbound Canadian Pacific Railway Ltd train derailed near Windermere, British Columbia, on Monday morning, sending 16 cars loaded with coal off the tracks, a spokesman for the rail company said. Full story:...
November 22, 2013 | CP, Headlines
(Source: Financial Post, November 22, 2013) OTTAWA — The dramatic restructuring underway at Canadian Pacific Railway Ltd. has been a boon for investors but appears to be ruffling the feathers of some of the railway’s customers. Full story:...
November 21, 2013 | CP, Headlines
(Source: Steamtown National Historic Site press release, October 31, 2013) SCRANTON, PA. — SteamtownNational Historic Site will partner with the Canadian Pacific Railway (CPR) to host the company’s 2013 Holiday Train on its journey to stock food shelves and...
November 13, 2013 | CP, Headlines
(Source: Canadian Pacific Railway press release, November 12, 2013) CALGARY, Alberta — Canadian Pacific (CP) today announced that Sheryl Crow and Sarah McLachlan will be joined by Tom Cochrane with Red Rider, The Tenors, Great Big Sea, Matt Dusk, Natalie MacMaster and...
November 5, 2013 | Canada, CP, Headlines
(Source: Bloomberg News, November 4, 2013) OTTAWA — Record crops in Canada, the world’s top canola grower and second-largest wheat exporter, are overwhelming the country’s rail system, creating a shortage of grain cars and slowing shipments to foreign buyers. The...
October 25, 2013 | CP, Headlines
(Source: Reuters, October 24, 2013) NEW YORK — Billionaire investor William Ackman announced on Thursday that he sold 6 million shares in Canadian Pacific Railway Ltd after a huge run-up in the stock, adding a large pile of cash to his $11 billion hedge fund. Just...
October 24, 2013 | CN, CP, Headlines
(Source: Bloomberg News, October 23, 2013) NEW YORK — Canadian Pacific Railway Ltd. (CP) and larger rival Canadian National Railway Co. surged to record highs after the companies reported third-quarter earnings that beat analysts’ estimates. Both companies benefited...
October 24, 2013 | CP, Headlines
(Source: UPI, October 24, 2013) CALGARY — Crude oil deliveries by rail are expected to increase, Canadian Pacific Executive Vice President Jane O’Hagan said in a third-quarter statement. Full story: UPI
October 23, 2013 | CP, Headlines, Quarterly Income
(Source: Globe and Mail, October 23, 2013) TORONTO — Canadian Pacific Railway Ltd. posted record earnings in the third quarter and says its efficiency drive has resulted in the lowest operating ratio in company history. The third-quarter operating ratio — a key...
