Evercore ISI Removes Tactical Underperform on Canadian Pacific Railway Limited (CP)
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March 15, 2023 10:47 AM EDT
Canadian Pacific (TSX: CP) (NYSE: CP) ("CP") and Kansas City Southern ("KCS") said today the U.S. Surface Transportation Board ("STB") issued a decision approving the CP and KCS joint merger application, subject to certain conditions, thereby authorizing the two railways to combine to form Canadian Pacific Kansas City ("CPKC"), the first single-line railway connecting the U.S., Mexico and Canada.
The decision authorizes CP to exercise control of KCS as early as April 14, 2023, at or after which point CP and KCS would... More
March 15, 2023 9:11 AM EDT
Canadian Pacific Railway (NYSE: CP) Wins US Approval to Buy Kansas City Southern (NYSE: KSU)
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CANADIAN PACIFIC RAILWAY LIMITED; CANADIAN PACIFIC RAILWAY COMPANY; SOO LINE RAILROAD COMPANY; CENTRAL MAINE & QUEBEC RAILWAY US INC.; DAKOTA,...
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March 15, 2023 6:20 AM EDT
Scotiabank analyst Konark Gupta upgraded Canadian Pacific Railway (CP:CN) (NYSE: CP) from Sector Perform to Sector Outperform with a price target of Cdn$116.00 (from Cdn$110.00).
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March 14, 2023 10:13 AM EDT
Canadian Pacific (NYSE: CP) (TSX: CP) said today that members of the Brotherhood of Locomotive Engineers and Trainmen (BLET) have ratified a new five-year collective agreement covering approximately 300 employees working on CP's Soo Line subsidiary.
"We thank the... More
