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Stock Market & Financial Investment News

News Breaks
May 2, 2014
06:15 EDTCPCanadian Pacific added to US Focus List at Citigroup
Citigroup added shares of Canadian Pacific Railway to its US Focus List on expectations volumes will accelerate in the coming weeks. Citi also notes that Pershing Square has maxed out its selling ability for the next 90 days. The firm raised its price target for shares to $190 from $170 and keeps a Buy rating on the stock.
News For CP From The Last 14 Days
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February 11, 2016
12:47 EDTCPUPS warns against impact of Canadian-Norfolk merger, WSJ says
UPS (UPS) has voiced its criticism of any potential merger between railway operators Canadian Pacific (CP) and Norfolk Southern (NSC), warning that a combination "would lead to diminished rail intermodal service levels and increased costs for all segments of rail customers," reports the Wall Street Journal, citing a letter sent by UPS to the Surface Transportation Board. Reference Link
February 10, 2016
07:11 EDTCPBB&T to hold a conference
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February 9, 2016
18:15 EDTCPNorfolk Southern issues statement regarding Canadian Pacific proposal
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13:59 EDTCPCanadian Pacific to file Norfolk shareholder proposal for good faith discussions
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11:49 EDTCPCanadian Pacific to give up proxy fight for Norfolk Southern, WSJ reports
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10:56 EDTCPCanadian Pacific to abandon proxy fight for Norfolk Southern, DJ reports
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February 2, 2016
07:19 EDTCPPennsylvania dems raise concern over potential CP-Norfolk deal, Reuters says
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