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Canadian National Wins Coal Contract From Canadian Pacific
Wednesday, December 4, 2019 - 3:28pm | 674Vancouver-headquartered Teck Resources (NYSE: TECK) will start usingCanadian National (NYSE: CNI) to haul its coal to West Coast ports in 2021. Canadian National's (CN) competitor, Canadian Pacific (NYSE: CP), currently has a 10-year contract with Teck to transport metallurgical coal from Teck's...
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Canadian Pacific Breaks Grain Volume Records Again
Tuesday, December 3, 2019 - 12:13pm | 487Canadian Pacific (NYSE: CP) hauled an all-time company record of Canadian grain and grain products in November, the company said on Dec. 2. The railway moved 2.74 million metric tonnes (mmt), a monthly record that's higher than the previous all-time record of 2.66 mmt in November. The record...
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Canadian Pacific Acquiring Central Maine & Quebec
Thursday, November 21, 2019 - 10:36am | 502Canadian Pacific (NYSE: CP) will be acquiring short line Central Maine & Quebec Railway (CMQ) in a deal that CP hopes will boost its footprint in the Eastern U.S. and establish a coast-to-coast network in Canada, the railway said on Nov. 20. CMQ has 481 miles of rail lines in Quebec and Maine...
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Canadian Pacific Reports Record-Low Operating Ratio
Wednesday, October 23, 2019 - 4:43pm | 362Despite relatively flat net profits, Canadian Pacific (NYSE: CP) reached a record-low quarterly operating ratio (OR) of 56.1% and earned record revenue in the third quarter, the company said on October 23. Third-quarter net income totaled C$618 million, a 0.6% drop from the C$622 million in net...
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Canadian Pacific Moves Record Grain Volumes In May
Wednesday, June 5, 2019 - 10:06am | 387Canadian Pacific (NYSE: CP) moved record amounts of grain and grain products in May out of the port of Vancouver. The railway moved 15 million metric tonnes of grain for export through Vancouver in May, breaking the record set in May 2017 by 5 percent, the company said on June 4. Since the start...
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RBC Capital Changes Several Price Targets, Including SKT, SYMC, WLL And PG
Thursday, October 28, 2010 - 11:24am | 362RBC Capital is changing the price target of the following companies: Wintrust Financial (NASDAQ: WTFC) $38 to $35 Whiting Petroleum (NYSE: WLL) $100 to $103 Visa (NYSE: V) $113 to $100 Tanger Factory Outlet Centers, Inc. (NYSE: SKT) $50 to $55 Symantec (NASDAQ: SYMC) $17 to $19 ProLogis (NYSE...