Canadian Pacific Railway Limited (CP) News

Canadian Pacific Railway Limited (CP): $66.29

-0.60 (-0.90%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Add CP to Watchlist
Sign Up

Industry: Railroads


Ranked

of 17

in industry

Filter CP News Items

CP News Results

Date Symbol Company Title Start End Change POWR Rating
Loading, please wait...

CP News Highlights

  • CP's 30 day story count now stands at 93.
  • Over the past 22 days, the trend for CP's stories per day has been choppy and unclear. It has oscillated between 1 and 47.
  • RAIL, KSU and MO are the most mentioned tickers in articles about CP.

Latest CP News From Around the Web

Below are the latest news stories about Canadian Pacific Railway Ltd that investors may wish to consider to help them evaluate CP as an investment opportunity.

Caisse Backs CN Rail, Questions TCI’s Motives in Proxy Fight

(Bloomberg) -- The head of Quebec’s largest fund manager is backing the board and management of Canadian National Railway Co. in their fight against an unhappy shareholder, saying they were right to attempt a takeover of Kansas City Southern even though the bid failed. Most Read from BloombergIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageH

Yahoo | September 22, 2021

STB Keeps Busy With Mergers, Last-Mile Data, Reciprocal Switching

As the Surface Transportation Board considers the proposed merger between Kansas City Southern and Canadian Pacific, on the forefront of stakeholders' minds will be how the two will transition their operations to serve one network, according to two transportation attorneys speaking at FTR's virtual conference last week. The KCS-CP merger is one of many issues that could keep board members busy through the end of this year and into the next. Stakeholders will be watching how KCS (NYSE: KSU) and C

Yahoo | September 22, 2021

CP and KCS sign merger agreement to form a single-line rail network

Canadian Pacific Railway Limited and Kansas City Southern have signed a merger agreement to form a single-line rail network linking the U.S., Mexico and Canada.

Global Railway Review | September 20, 2021

Canadian National (CNI) Stock Gains on Buyback Announcement

Canadian National (CNI) aims to improve its operating ratio to 57% next year owing to reduced costs and improved efficiencies.

Yahoo | September 20, 2021

Be Sure To Check Out Canadian Pacific Railway Limited (TSE:CP) Before It Goes Ex-Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

Yahoo | September 18, 2021

CP deal to buy Kansas City Southern could close by next fall

Canadian Pacific Railway Ltd.''s acquisition of Kansas City Southern could be complete by next fall, the Calgary-based railway said Thursday.

Global News Canada | September 16, 2021

Canada''s rail firm buys US freight company

MANITOBA: Rail company Canadian Pacific said on Wednesday (Thursday in Manila) it had reached an agreement to buy US freight company Kansas City Southern (KCS), bringing to an end a bidding war with competitor Canadian National. Canadian Pacific said in a statement that it plans to buy KCS for approximately $27 billion and take on its $3.8-billion debt. The boards of directors of both companies have agreed to the deal. The two Canadian companies were locked in a battle to be the first North American rail company to connect the ports and factories of Mexico, the United States and Canada by rail. Canadian Pacific made its initial takeover offer in March before Canadian National made a higher counter offer weeks later. Canadian Pacific came back with a new offer in early August, which was ...

The Manila Times | September 16, 2021

How the first truly continental railroad could change North American trade

Canadian Pacific is set to expand its rail network from Canada to Mexico by acquiring Kansas City Southern.

Yahoo | September 16, 2021

CP to Acquire KSU as CNI Backs out From the Buyout Fray

The CP- KSU $31-billion deal is expected to close in the first quarter of 2022.

Yahoo | September 16, 2021

Canadian Pacific Acquires Kansas City Southern

Canadian Pacific Railway (CP) announced Wednesday that it has entered into a merger agreement with U.S. railway Kansas City Southern (KSU), which terminated its proposed deal with Canadian National Railway (CNR). CP agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately C$31 billion. Under the new agreement, KCS shareholders will receive C$90 in cash, and 2.884 common shares of CP for each share held. CP president and CEO Keith Creel said, "Our path to this historic agreement only reinforces our conviction in this once-in-a-lifetime partnership. We are excited to get to work bringing these two railroads together.

Stephanie Bedard-Chateauneuf on TipRanks | September 15, 2021


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.5961 seconds.