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Canadian Pacific Railway Ltd (CP.TO)

CP.TO on Toronto Stock Exchange

273.51CAD
14 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Cp Announces Intention To Launch New Share Repurchase Program
Thursday, 18 Oct 2018 

Oct 17 (Reuters) - Canadian Pacific Railway Ltd ::CP ANNOUNCES INTENTION TO LAUNCH NEW SHARE REPURCHASE PROGRAM.CANADIAN PACIFIC RAILWAY - BOARD AUTHORIZED REPURCHASE OF UP TO ABOUT 5.68 MILLION OF ITS COMMON SHARES.  Full Article

Canadian Pacific Railway Exec Says I Think We Are Going To Find Ourselves In 3 To 4 Pct Pricing Environment
Friday, 5 Oct 2018 

Oct 4 (Reuters) - Canadian Pacific Railway Ltd ::WE HAVE MADE CRUDE BY RAIL PROFITABLE BY PICKING THE RIGHT PARTNERS-CO EXEC, CONF CALL.THERE IS NO EASY SOLUTION TO TRUCKING DILEMMA IN THE U.S. - EXEC, CONF CALL .CANADIAN PACIFIC RAILWAY - FOR CRUDE BY RAIL CONTRACTS IN PLACE FOR STRONG PRICING, MINIMUM VOL COMMITMENTS & PENALTIES IF CUSTOMERS DON'T MAKE COMMITMENT.CANADIAN PACIFIC RAILWAY - FOR CRUDE BY RAIL WE DON'T WANT TO FALL INTO THE SAME TRAP AS WE DID LAST TIME -EXEC.CANADIAN PACIFIC RAILWAY- I THINK WE ARE GOING TO FIND OURSELVES IN 3 TO 4 PERCENT PRICING ENVIRONMENT -EXEC.CANADIAN PACIFIC RAILWAY- FOR NEXT 18-24 MONTHS PURELY FROM A DEMAND PERSPECTIVE, IT (PRICING) LOOKS STRONG -EXEC.  Full Article

Cp Sees Q3 Revenue About C$1.9 Billion, Up 19 Pct
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Canadian Pacific Railway Ltd ::CP REPORTS PRELIMINARY Q3 RESULTS, RAISES 2018 GUIDANCE AND OUTLINES STRATEGY FOR DRIVING SUSTAINABLE, PROFITABLE GROWTH AT THE COMPANY'S INVESTOR DAY.SEES Q3 ADJUSTED EARNINGS PER SHARE ABOUT C$4.10.SEES FY 2017 ADJUSTED EARNINGS PER SHARE C$11.39.SEES Q3 REVENUE ABOUT C$1.9 BILLION.SEES Q3 REVENUE UP 19 PERCENT.Q3 OPERATING RATIO IS EXPECTED TO BE SUB-58.5 PERCENT.Q3 REPORTED EPS IS EXPECTED TO BE APPROXIMATELY $4.35.Q3 ADJUSTED EPS IS EXPECTED TO BE APPROXIMATELY $4.10.SEES VOLUME COMPOUND ANNUAL GROWTH RATE (CAGR) OF MID-SINGLE DIGITS, MEASURED IN REVENUE TON-MILES FOR 2018-2020.SEES DOUBLE-DIGIT CAGR IN ADJUSTED DILUTED EPS FOR 2018-2020.SEES CAPITAL EXPENDITURES OF APPROXIMATELY $1.6 BILLION PER YEAR FOR 2018-2020.  Full Article

Teamsters Canada Ratify Four-Year Agreement With Canadian Pacific
Friday, 20 Jul 2018 

July 20 (Reuters) - Teamsters Canada::TEAMSTERS RATIFY 4-YEAR AGREEMENT WITH CP.TEAMSTERS CANADA SAYS MEMBERS OF TEAMSTERS CANADA RAIL CONFERENCE AT CANADIAN PACIFIC VOTED 64.7% TO RATIFY A 4-YEAR AGREEMENT.TEAMSTERS CANADA- NEW CONTRACT ADDRESSED OTHER EQUITY ISSUES, IMPROVEMENTS TO WORK RULES, BENEFITS AND PROVIDES A 9% INCREASE OVER TERM OF AGREEMENT.TEAMSTERS CANADA SAYS RATIFIED FOUR-YEAR AGREEMENT WITH CP COVERS OVER 3000 CONDUCTORS & LOCOMOTIVE ENGINEERS.TEAMSTERS CANADA - BOTH MAIN AGREEMENT AND KVR AGREEMENT EXPIRE ON DECEMBER 31, 2021.TEAMSTERS CANADA SAYS ABOUT 25 WORKERS OF KOOTENAY VALLEY RAILWAY ALSO RATIFIED A 5-YEAR AGREEMENT WITH CP BY 91.7%.  Full Article

Canadian Pacific Railway Reports Q2 Earnings Per Share Of C$3.04
Thursday, 19 Jul 2018 

July 18 (Reuters) - Canadian Pacific Railway Ltd ::CP REPORTS SECOND QUARTER REVENUE GROWTH OF 7 PERCENT; POISED FOR STRONG BACK HALF OF 2018.Q2 EARNINGS PER SHARE C$3.04.Q2 REVENUE ROSE 7 PERCENT TO C$1.75 BILLION.Q2 ADJUSTED EARNINGS PER SHARE C$3.16.QUARTERLY PERFORMANCE WAS IMPACTED BY SERVICE INTERRUPTIONS RELATED TO LABOUR NEGOTIATIONS AND STRIKE NOTICES.CANADIAN PACIFIC RAILWAY - QTRLY OPERATING RATIO WAS 64.2 PERCENT, UP 140 BASIS POINTS COMPARED TO LAST YEAR'S RESTATED OPERATING RATIO OF 62.8 PERCENT.QTRLY VOLUMES AS MEASURED BY REVENUE TON-MILES INCREASED 4 PERCENT AND CARLOADS INCREASED 2 PERCENT.  Full Article

System Council No. 11 Of The IBEW Ratify Three-Year Agreement With CP
Saturday, 30 Jun 2018 

June 29 (Reuters) - Canadian Pacific Railway Ltd ::SYSTEM COUNCIL NO. 11 OF THE IBEW RATIFY THREE-YEAR AGREEMENT WITH CP.CANADIAN PACIFIC RAILWAY - CO, SYSTEM COUNCIL NO. 11 OF IBEW TODAY ANNOUNCED THEY HAVE RATIFIED A NEW THREE-YEAR AGREEMENT.  Full Article

Teamsters Canada Says Full Operations At CP And KVR Will Resume May 31
Thursday, 31 May 2018 

May 30 (Reuters) - Teamsters Canada::TEAMSTERS CANADA SAYS FULL OPERATIONS AT CANADIAN PACIFIC AND KOOTENAY VALLEY RAILWAY WILL RESUME MAY 31 AT 0600 LOCAL TIME ACROSS CANADA.TEAMSTERS CANADA - CANADIAN PACIFIC TENTATIVE AGREEMENT MUST NOW BE RATIFIED BY TCRC MEMBERS, A PROCESS WHICH WILL TAKE PLACE OVER THE COMING MONTHS.  Full Article

T&E And CP Reach Tentative, Four-Year Agreement
Wednesday, 30 May 2018 

May 30 (Reuters) - Canadian Pacific Railway Ltd ::TCRC-T&E AND CP REACH TENTATIVE, FOUR-YEAR AGREEMENT.CANADIAN PACIFIC RAILWAY LTD - APPROXIMATELY 3,000 LOCOMOTIVE ENGINEERS AND CONDUCTORS ARE REPRESENTED BY TCRC.CANADIAN PACIFIC RAILWAY - TENTATIVE AGREEMENTS WITH CP CONDUCTORS, LOCOMOTIVE ENGINEERS & KVR CONDUCTORS AND LOCOMOTIVE ENGINEERS, ENDS BOTH STRIKES.CANADIAN PACIFIC RAILWAY- TENTATIVE 4-YEAR AGREEMENT WITH CP CONDUCTORS & LOCOMOTIVE ENGINEERS, 5-YEAR AGREEMENT WITH KVR CONDUCTORS & LOCOMOTIVE ENGINEERS.  Full Article

Teamsters Go On Strike at Canadian Pacific
Wednesday, 30 May 2018 

May 29 (Reuters) - Teamsters Canada: :TEAMSTERS CANADA - TEAMSTERS GO ON STRIKE AT CANADIAN PACIFIC.TEAMSTERS CANADA - OVER 3000 CONDUCTORS AND LOCOMOTIVE ENGINEERS AT CANADIAN PACIFIC WENT ON STRIKE AT 2200 ET TUESDAY.TEAMSTERS CANADA - NEGOTIATIONS WITH CANADIAN PACIFIC ARE ONGOING..TEAMSTERS CANADA- MEMBERS OF THE TCRC VOTED 94.2% TO AUTHORIZE STRIKE ACTION ON APRIL 6, 2018, AND VOTED 98.1% TO REJECT CP’S FINAL OFFER FRIDAY.TEAMSTERS CANADA - COMMUTER TRAIN SERVICES WILL NOT BE AFFECTED BY THIS STRIKE.  Full Article

CP and the IBEW reach a tentative three-year agreement
Wednesday, 30 May 2018 

May 29 (Reuters) - Canadian Pacific Railway Ltd ::CANADIAN PACIFIC RAILWAY- CO AND SYSTEM COUNCIL NO. 11 OF INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS HAVE REACHED A TENTATIVE THREE-YEAR DEAL.TENTATIVE AGREEMENT ENSURES THAT IBEW EMPLOYEES REMAIN ON JOB AND PASSENGER OPERATIONS ARE NOT IMPACTED.  Full Article