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Stock Market & Financial Investment News

News Breaks
May 28, 2014
07:25 EDTCPCanadian Pacific added to US Focus List at Credit Suisse
Credit Suisse added Canadian Pacific to the US Focus List based on the transmission to sustainable and profitable revenue growth from a cost turnaround story. The firm expects significant earnings growth driven by accelerating revenue growth, capital efficiency and margin improvement. Shares are Outperform rated with a $250 price target.
News For CP From The Last 14 Days
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November 19, 2014
11:14 EDTCPCowen airfreight/surface & rail analysts hold analyst/industry conference call
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November 17, 2014
16:11 EDTCPNorfolk Southern, Canadian Pacific subsidiary propose rail line transaction
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November 14, 2014
17:14 EDTCPPershing Square gives quarterly update on stakes
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November 12, 2014
08:05 EDTCPGoldman to hold a conference
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November 7, 2014
08:08 EDTCPAckman says Canadian Pacific may pursue alternate M&A target, Bloomberg reports
Bill Ackman said Canadian Pacific (CP) may be interested in going after an alternate takeover target now that CSX Corp. (CSX) has rejected its overtures, and though Ackman did not name Norfolk Southern (NSC), his remarks yesterday at the Invest for Kids conference pointed toward that as the company he was discussing, according to Bloomberg. Norfolk Southern gained 0.85% yesterday to close at $110.72 and is up another 3.5% to $114.55 in pre-market trading this morning. Reference Link

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