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Ackman concedes oil plunge will hit Canadian Pacific Railway
2014-12-18 19:48:44| Railroads - Topix.net
CP shares have been on a roller coaster since October as investors weighed the effect of the lower crude prices on the company that has pegged one-third of its growth to soaring demand to move oil by train. RBC says lower oil prices don't necessarily mean more spending power for Canadian consumers.
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Category:Transportation and Logistics
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