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CP Rail CEO says company to put cash toward dividends, buybacks

TORONTO, April 20 (Reuters) - Canadian Pacific Railway Chief Executive Hunter Harrison said on Wednesday that Canada's No. 2 railroad would pay out dividends and put its money toward share buybacks...

CP Rail hikes dividend, launches share buyback

Announcement comes in the wake of failed bid for U.S.-based Norfolk Southern
Globe and Mail

Videos for "CP Rail"

News video: CP Rail Can Now Focus on Its Profitability: BI's Klaskow

CP Rail Can Now Focus on Its Profitability: BI's Klaskow 07:10

April 11 -- Lee Klaskow, senior analyst at Bloomberg Intelligence, joins Bloomberg TV Canada's Pamela Ritchie to discuss Canadian Pacific Railway's abandoned bid for Norfolk Southern and what's next..
Source: Bloomberg Global Business -

News video: CP Rail Layoffs To Hit 1,000 As Shipping Volumes Fall

CP Rail Layoffs To Hit 1,000 As Shipping Volumes Fall 00:47

CALGARY — Canadian Pacific Railway, which posted record profits and revenue last year, says it plans to cut 1,000 positions this year as it adjusts to lower shipment volumes. The Calgary-based..
Source: HuffPost Canada Trends -

News video: CP Rail Unlikely to Increase Bid for Norfolk: Analyst

CP Rail Unlikely to Increase Bid for Norfolk: Analyst 03:10

Dec. 23 -- Norfolk Southern Corp. rejected a sweetened bid from Canadian Pacific Railway Ltd., possibly moving the cross-border railroad takeover effort closer to a proxy fight. Bloomberg..
Source: Bloomberg News & Business -

News video: Deadly  Train Accident Investigation

Deadly Train Accident Investigation

two accidents maybe connected
Source: WBRE -

News video: Dead Train Accident Investigation

Dead Train Accident Investigation

two accidents maybe connected
Source: WBRE -


CP Rail CEO says company mulls potential buyback or dividend

MONTREAL, April 11 (Reuters) - Canadian Pacific Railway Ltd Chief Executive Hunter Harrison said on Monday the company's board would next week consider using cash once planned to acquire rival...

Widow of CP Rail worker killed on job says she's seeking accountability in lawsuit

A leaked report produced by Transport Canada says Canadian Pacific Railway worker Jamie Jijian died as a result of a “combination of hazardous conditions acting together.” On Jan. 12, 2013, Jijian..

Minnesota town evacuated after CP Rail train collides with tanker truck

Authorities have evacuated a small town in northwestern Minnesota after a Canadian Pacific freight train collided with a propane truck that caught on fire.

Vancouver buys CP Rail land for urban greenway, ending long-running dispute

*By The Canadian Press* VANCOUVER — A long-running dispute between the City of Vancouver and Canadian Pacific Railway (TSX:CP) over an old rail corridor has been settled. The city has agreed..

Vancouver plans ‘New York-style High Line’ after settling Arbutus corridor dispute with CP Rail

Dispute began in 2014 when CP announced plans to reactivate its tracks along the Arbutus corridor, where it hadn’t run trains since 2001
Globe and Mail

Rail relocation study could cost $400k, report

*By Lasia Kretzel* It could cost taxpayers up to $400,000 to study the total, much larger cost to move CP rail lines out of Saskatoon, a report from the city says. The report, which details..

Senators raise concerns about CP Rail-Norfolk Southern proposal


FedEx latest to oppose CP Rail-Norfolk Southern merger


UPDATE 1-CP Rail mulls litigation over opposition to Norfolk Southern deal

MONTREAL/CHICAGO, March 2 (Reuters) - Canadian Pacific Railway Ltd said on Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S...

CSX surges after report of CP Rail takeover interest

Shares rose to $25.60 (U.S.) in the latest trade at 6:22 p.m. in New York after climbing as high as $26.60, up from the closing price of $24.64
Globe and Mail

CP Rail’s Harrison paid nearly $20-million last year as stock slipped

CEO’s compensation totalled $19.9-million in 2015; stock fell 20 per cent as rail shares suffered
Globe and Mail

Options shorter for Norfolk Southern takeover, CP Rail CEO says


CP Rail will abandon Norfolk bid if shareholders reject resolution: Harrison

Hunter Harrison says Canadian railway prepared to abandon plans if U.S. railway’s shareholders reject offer
Globe and Mail

CP Rail CEO prepared to walk away from Norfolk merger if shareholders vote no

*By The Canadian Press* MONTREAL — Canadian Pacific Railway CEO Hunter Harrison says he's prepared to walk away from a takeover bid for Norfolk Southern if the U.S. railway's shareholders don't..

CP Rail abandons threat of proxy battle in adjusting Norfolk takeover strategy

*By The Canadian Press* MONTREAL — Canadian Pacific Railway is asking Norfolk Southern shareholders to push the U.S. railway's board to enter into merger negotiations. Calgary-based CP ..

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