New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 4, 2012
17:02 EDTCPCanadian Pacific outlines plans for efficiency increases, business growth
Canadian Pacific CEO Hunter Harrison outlined various plans CP will execute to continue to improve service reliability, increase the railway's efficiency, and grow the business. Key highlights include: reduce roughly 4,500 employee and/or contractor positions by 2016 - through job reductions, natural attrition and fewer contractors. We have already made progress on this front and expect 1,700 positions to be eliminated by year end; new longer sidings program will improve asset utilization and increase train length and velocity - The plan will allow CP to move the same or increased volumes with fewer trains, and is expected to save over 14,500, or 4%, crew starts; explore options to maximize full value of existing and anticipated surplus real estate holdings; relocate CP's current corporate headquarters in downtown Calgary to new office space at CP-owned Ogden Yard by 2014; review options for the Delaware & Hudson in the U.S. Northeast, while maintaining options for continued growth in the energy business; announced earlier, CP is seeking expressions of interest on the 660-mile portion of the former Dakota, Minnesota & Eastern, west of Tracy, Minnesota.
News For CP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 21, 2014
13:27 EDTCPCSX comes off intraday high after CP says done exploring merger
Subscribe for More Information
11:49 EDTCPCanadian Pacific concerned about 'fragile' state of Chicago
Canadian Pacific says Chicago is the number one concern.
11:16 EDTCPCanadian Pacific says foreign exchange is a headwind on expense front
Sees seasonal uptick on car maintenance in Q4.
11:13 EDTCPCanadian Pacific sees positive trends in grain sector
Subscribe for More Information
07:38 EDTCPCanadian Pacific reports Q3 EPS C$2.31, consensus C$2.39
Reports Q revenue C$1.67B, consensus C$1.70B.
October 20, 2014
12:16 EDTCPCanadian Pacific still interested in consolidation, says UBS
Subscribe for More Information
09:22 EDTCPOn The Fly: Pre-market Movers
Subscribe for More Information
07:02 EDTCPCanadian Pacific confirms termination of exploratory talks with CSX
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use