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Canadian Pacific ready to drop appeal in Lac-Megantic case for legal protection

2015-10-07 20:09:15| Railroads - Topix.net

Canadian Pacific Railway is reportedly willing to drop its motion to appeal the $450-million settlement fund for victims of the Lac-Megantic tragedy if it is granted certain legal protections. Lawyers for Montreal Maine and Atlantic Railway, the now-defunct railroad company responsible for the derailment that killed 47 people on July 6, 2013, tabled a motion earlier this week to modify conditions of the settlement fund for victims.

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Canadian Pacific Railway Limited Price Target Cut to $225.00

2015-10-03 10:43:43| Railroads - Topix.net

CIBC's price objective indicates a potential upside of 50.53% from the stock's current price. Shares of Canadian Pacific Railway Limited traded up 2.12% during midday trading on Friday, reaching $149.47.

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Canadian Pacific Extends Licensing of Prover iLock for Interlocking System Development

2015-10-02 12:34:00| Railway Technology

Prover Technology has announced that Canadian Pacific (CP), a Class 1 railway company, has extended licensing of the Prover iLock for American Railroads solution until 2025.

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Canadian Pacific Acquires Steelcare Inc.

2015-10-02 12:31:07| Industrial Newsroom - All News for Today

CALGARY - Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) has acquired Steelcare Inc., Canada's largest steel transload facility. "CP is committed to exceptional customer service and with direct ownership of Steelcare, we are better equipped to manage our own supply chain and utilize our in-house expertise...

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Goldman Sachs Upgrades Canadian Pacific Railway Limited to Buy

2015-10-01 09:01:07| Railroads - Topix.net

Shares of Canadian Pacific Railway Limited opened at 138.14 on Wednesday. The firm has a 50-day moving average price of $145.82 and a 200 day moving average price of $166.70.

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