|Bid||224.02 x 0|
|Ask||229.29 x 0|
|Day's Range||224.69 - 228.64|
|52 Week Range||189.57 - 240.40|
|PE Ratio (TTM)||13.74|
|Earnings Date||Jul 17, 2018 - Jul 23, 2018|
|Forward Dividend & Yield||2.25 (1.00%)|
|1y Target Est||252.99|
WINNIPEG, Manitoba/VANCOUVER (Reuters) - At an Alberta oil loading terminal, a convoy of big rigs are gearing up to haul Canadian crude oil hundreds of miles through bone dry fields across the U.S. border into Montana, where the oil will be transferred to pipelines and rail cars headed south and west. Production has risen in the world's fifth largest producer but full pipelines and a rail car shortage have made it difficult for drillers to ship oil out of Canada. Some oil producers are feeling the pressure from customers.
MONTREAL/VANCOUVER April 20 (Reuters) - Canadian Pacific Railway Ltd and unions Teamsters Canada and International Brotherhood of Electrical Workers (IBEW), reached an agreement with to postpone a strike that was scheduled for Saturday. The unions said Friday the decision was made after Canadian Labour Minister Patty Hajdu agreed with Canadian Pacific's request to order a vote on a final offer regarding the company's renewal of their agreements with the unions.
After agreeing at the last minute to stave off a strike, unions at Canadian Pacific Railway Ltd. are urging their members to reject the company’s offer and say it’s only a matter of time before they walk ...
Canadian Pacific Railway Limited (TSX:CP) delivered an ROE of 36.09% over the past 12 months, which is an impressive feat relative to its industry average of 11.18% during the sameRead More...
MONTREAL/VANCOUVER April 20 (Reuters) - Canada's biggest rail union said no progress had been made in negotiations on Friday with Canadian Pacific Railway Ltd to reach a deal before a Saturday deadline as worries about a potential strike weighed on the country's crude oil prices. Management and union workers are grappling over issues such as schedules to reduce fatigue management, the union said. This would add hurdles for shipments of potash, crude oil and grains as demand soars for already congested rail service at CP and its larger rival Canadian National Railway.
Canada's biggest rail union said there had been no progress in negotiations on Friday to reach a deal before a Saturday deadline to avoid strike at Canadian Pacific Railway Ltd. A strike beginning on April 21 would be the union's third in six years, as management and unionized workers grapple over issues such as schedules to reduce fatigue management, the union said. It comes at a time when demand is soaring from potash and crude oil producers, among others, for already congested rail service at CP and its larger rival Canadian National Railway .
Hours away from a midnight deadline, Canadian Pacific Railway Ltd. is trying to hammer out a deal with two unions to avoid a labor strike that threatens to disrupt Canada’s second largest railroad for the second time in three years. Talks are continuing in Calgary between the railway, the International Brotherhood of Electrical Workers and Teamsters Canada, Jeremy Berry, a Canadian Pacific spokesman, said Friday via e-mail. A work stoppage would hamstring Canadian Pacific’s ability to provide freight service in a country already buffeted by congestion on a rival railroad’s network.
It can be expensive to move record volumes of freight when your rail network gets disrupted by winter weather.
Canadian Pacific's (CP) results in Q1 are hit by bad weather. Moreover, high operating expenses as well as the consequent deterioration in the operating ratio raise a concern.
Stock futures pointed to a higher opening for Canada's main stock index on Thursday, tracking a fierce rally in commodities and resource stocks following talk that Saudi Arabia has its sights on $80-$100 ...
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Bank of Canada kept its key rate ...
Canadian Pacific Railway's first-quarter profit topped analysts' expectations as the railroad operator shipped higher volumes of commodities such as potash and crude oil, offseting the impact of higher ...
Canadian Pacific Railway Ltd. is prepared to live with the “choppiness" of a looming strike of train conductors rather than agree to a labor deal that cripples its long-term earnings power, Chief ...
The Calgary, Alberta-based company said it had net income of $1.90 per share. Earnings, adjusted for non-recurring costs, were $2.13 per share. The results missed Wall Street expectations. The average ...
CP reports first quarter revenue of $1.66 billion; positive momentum heading into second quarter
Canadian National Railway Co will buy 350 boxcars to satisfy rising demand for transporting commodities across North America, the country's biggest freight railroad operator said on Wednesday. The move ...
Canada's main stock index rose sharply after opening at a near one-month high on Wednesday, helped by gains in energy and material companies, and after the Bank of Canada issued an optimistic economic growth outlook. * At 9:42 a.m. ET (1342 GMT), the Toronto Stock Exchange's S&P/TSX Composite Index was up 123.11 points, or 0.8 percent, to 15,476.41, rising after four straight sessions of gains. * The Bank of Canada maintained interest rates at 1.25 percent, as expected, but said more hikes will be needed over time amid progress on the dynamics of wage growth and inflation.
Teamsters Canada said it notified Canadian Pacific Railway on Wednesday that the railroad's workers will go on strike on April 21 following a stalemate in talks between the two parties. The labor union, along with the International Brotherhood of Electrical Workers (IBEW), represents more than a quarter of the company's workforce and is seeking a variety of changes including predictable schedules to combat fatigue. CP, Canada's second-largest railroad, said it "has been working closely with both (Teamsters Canada) and IBEW to reach a negotiated settlement," and will be meeting IBEW representatives later today for further negotiations.
CALGARY , April 18, 2018 /CNW/ - Canadian Pacific Railway Limited (CP.TO) (CP) has received 72-hour strike notice from the Teamsters Canada Rail Conference-Train & Engine (TCRC) and the International Brotherhood of Electrical Workers (IBEW) of their respective plans to strike at 12:01 a.m. eastern time on April 21, 2018 . CP has been working closely with both the TCRC and the IBEW to reach a negotiated settlement in the best interests of the entire CP family, its customers, shareholders and the broader North American economy. "Serving a strike notice is part of the bargaining process that unions must follow if they want to be able to strike," said Keith Creel , CP President and CEO.
Teamsters Canada said early on Wednesday it has notified Canadian Pacific Railway that workers will go on strike starting April 21 following a stalemate in negotiations between the two parties. Teamsters Canada, which is affiliated to the International Brotherhood of Teamsters union, said it has issued railway operator Canadian Pacific with a formal 72 hours notice of intent to strike. Canadian Pacific was not immediately available for comment outside business hours.
Canadian Pacific Railway saw earnings drop in the first three months of 2018, blaming brutal winter weather even as an increase in freight shipments helped its sales top Wall Street forecasts. The Calgary-based ...
A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta’s beaten-down heavy oil prices.
LONDON, UK / ACCESSWIRE / April 17, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Transportation & Logistics industry: Canadian National ...