Canadian Pacific News
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No North American railroad is a more alluring, or expensive, takeover target than Kansas City Southern.
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Canadian stocks rose as industrial and energy shares advanced amid improving confidence in economic growth in the U.S., the country’s largest trading partner.
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Canadian stocks rose, erasing an earlier loss, as commodities prices rebounded and better-than- estimated earnings from Manulife Financial Corp. boosted financial shares.
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Canadian Pacific Railway Ltd. posted higher first-quarter earnings than analysts estimated as Chief Executive Officer Hunter Harrison makes progress on profitability goals set during last year’s proxy fight.
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Two Canadian Pacific Railway Ltd. cars carrying light, sweet crude to Montreal leaked oil after a train derailed in northern Ontario.
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A Canadian Pacific Railway Ltd. train carrying crude oil derailed in west-central Minnesota, spilling between 20,000 and 30,000 gallons, the Minnesota Pollution Control Agency said.
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Canadian Pacific Railway Ltd. paid Hunter Harrison C$49.2 million ($48 million) last year after recruiting him as chief executive officer following a proxy fight by activist investor William Ackman.
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Canadian Pacific Railway Ltd., the least efficient North American large railroad, is ahead of its plan to eliminate more than one-fifth of its workforce, Chief Executive Officer Hunter Harrison said.
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A rejection of the Keystone XL pipeline by President Barack Obama would push more of Canada’s $73 billion oil exports onto trains, which register almost three times more spills than pipelines.
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Fresh from beating back a proxy challenge from activist investor Jana Partners LLC, fertilizer maker Agrium Inc. plans to refocus on expansion in the face of a commodities slump.
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