News For CP From The Last 14 Days Check below for free stories on CP the last two weeks.
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February 7, 2012
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| 12:51 EDT |  | CP |
| theflyonthewall.com: | Pershing Square confirms stake in Canadian Pacific with full voting power | | Pershing Square Capital Management responded to claims that are circulating to the effect that its investment in Canadian Pacific Railway Limited (CP) includes options, swaps or other derivatives. Pershing Square confirmed that the funds it manages own all of their 24.2M common shares of Canadian Pacific outright with full voting power, as unambiguously stated in Pershing's public filings. :theflyonthewall.com |
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February 6, 2012
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| 14:11 EDT | | CP |
| theflyonthewall.com: | Canadian Pacific says Pershing Square offers no plan or clear timetable | | Canadian Pacific issued a statement in response to Pershing Square Capital Management's town hall meeting for Canadian Pacific shareholders, saying: "Pershing Square continues to offer no plan or clear timetable to improve CP's operations, or even any concrete suggestions...In Pershing Square's town hall presentation, Pershing Square made a number of assertions and characterizations supported by hypothetical mathematical examples of the effects of speculated improvements on operating metrics similar to those contained in Pershing Square's November 2, 2011 presentation to the Company. Pershing Square has no plan and has provided no specific actions to support its hypothetical math...CP is confident that by aggressively executing against [its] plan, the Company can achieve an OR of 70 to 72 per cent for 2014 and CP will not stop there as the Company achieves its goals, CP will set new targets." :theflyonthewall.com |
| | 11:54 EDT |  | CP |
| | 10:13 EDT | | CP |
| theflyonthewall.com: | Ackman: Pershing Square not looking to take over Canadian Pacific, Reuters says | | William Ackman says Pershing Square isn't looking to take over Canadian Pacific (CP), Reuters reports. Ackman says Pershing Square has 16% of capital invested in Canadian Pacific. :theflyonthewall.com |
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February 3, 2012
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| 07:44 EDT |  | CP |
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February 2, 2012
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| 13:08 EDT | | CP |
| theflyonthewall.com: | Canadian Pacific expands oil rail operation to Lloydminster, Saskatchewan | | Canadian Pacific (CP) announced that, by leveraging its North Main Line infrastructure, the company is now shipping crude oil by rail from a new transload facility near Lloydminster, Saskatchewan. This new facility is a key enhancement to CP's growing energy portfolio. It accommodates the initial transload and transportation needs of NuStar Energy LP (NS), with a further planned expansion in 2012. :theflyonthewall.com |
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