New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 4, 2012
17:05 EDTCPCanadian Pacific sees full-year operating ratio in 'mid-sixties' for 2016
Financial expectations for the company's plan through to 2016 include: compound annual revenue growth of 4% - 7% off the 2012 base; a full-year operating ratio in the mid-sixties for 2016; cash flow before dividends of $900M-$1.4B in 2016; annual capital spending in the range of $1B-$1.1B over the period. Key Assumptions include: average fuel cost per gallon of $3.45 per U.S. gallon; Defined benefit pension expense of $140M-$150M through 2016; defined benefit pension contributions between $100M-$125M through 2015 increasing to $200M-$300M in 2016; a tax rate of 25%-27%; CP becomes fully cash taxable during the four-year period; Canadian to U.S. exchange rate at par.
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.
December 17, 2014
13:02 EDTCPCanadian Pacific in agreement with TSB incident report on Bonnybrook Bridge
Subscribe for More Information
December 12, 2014
10:41 EDTCPHigh option volume stocks:
Subscribe for More Information
10:01 EDTCPOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:22 EDTCPCanadian Pacific upgraded to Buy from Neutral at Buckingham
Buckingham upgraded Canadian Pacific to Buy based on continued visibility for near-term crude growth and the positive impact from a lower Canadian dollar that will offset weaker long-term crude by rail growth. Price target is $209.
December 8, 2014
10:00 EDTCPOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:40 EDTCPCanadian Pacific downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Canadian Pacific Railway to Neutral saying uncertainty around lower oil prices should drive a reduced multiple for shares. Goldman cut its price target for the rail operator to $202 from $223, but points out the company's crude business has yet to be impacted from lower oil prices. CP shares closed Friday down $2.57 to $191.58.

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