Pershing Square Capital Management responded to claims that are circulating to the effect that its investment in Canadian Pacific Railway Limited (CP) includes options, swaps or other derivatives. Pershing Square confirmed that the funds it manages own all of their 24.2M common shares of Canadian Pacific outright with full voting power, as unambiguously stated in Pershing's public filings.
European stocks rose for a third straight session on Monday and the euro bounced back from two-year lows, as Greek …
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