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Stock Market & Financial Investment News

News Breaks
December 19, 2012
17:10 EDTCPCanadian Pacific provides labor bargaining updates
Canadian Pacific said it is "pleased the collective bargaining process with the Teamsters Canada Rail Conference, on behalf of Running Trade Employees, and Rail Traffic Controllers has finally concluded and an agreement is now in place." The award contains, among other changes a cap on pension growth and a new pension accrual rate for future hires. The deal is three years in length and is retroactive to January 2012. CP also announced the five-year agreement reached with the International Brotherhood of Electrical Workers on November 15 has been ratified with 94% acceptance. This contract begins January 1, 2013.
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July 17, 2014
07:37 EDTCPCanadian Pacific reports Q2 EPS C$2.11, consensus C$2.10
Reports Q2 revenue C$1.68B, consensus C$1.65B. Operating ratio was 65.1%, a 680 basis point improvement.
July 16, 2014
19:37 EDTCPCanadian Pacific to challenge arbitrators reinstatement of drug-using employee
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