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UPDATE 1-ADM sues Canadian Pacific over service disruptions

2016-03-23 20:33:48| Agriculture - Topix.net

Archer Daniels Midland Co has filed a lawsuit against Canadian Pacific over service disruptions in 2013 and 2014 at crop-processing plants in North Dakota and Minnesota, alleging they stemmed in part from cost-cutting and the Canadian railroad's pursuit of merger partners. Chicago-based ADM, one of the world's largest grain traders and processors, filed suit against CP in the U.S. District Court for the Central District of Illinois on March 18, seeking damages "resulting from one of the worst and most persistent railroad service failures experienced by ADM in many years."

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Canadian Pacific Railway: Part 1 - Strong Upside Potential

2016-03-23 04:54:15| Railroads - Topix.net

This article provides a market analysis for a long-term investor in Canada Pacific Railway. That being said, with a recent $55 million asset sale, a growing wind energy market, and consistent revenue through grain transportation, CP provides a long-term investor with a strong potential upside.

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Canadian Pacific Railway Limited (CP) Receives "Outperform" Rating from National Bank Financial

2016-03-16 03:41:47| Railroads - Topix.net

's stock had its "outperform" rating reissued by investment analysts at National Bank Financial in a report released on Tuesday, MarketBeat reports. They currently have a $186.00 target price on the stock, up from their prior target price of $182.00.

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Heronetta Management L.P. Maintains Stake in Canadian Pacific Railway Limited

2016-03-12 06:34:42| Railroads - Topix.net

Heronetta Management L.P. maintained its position in shares of Canadian Pacific Railway Limited during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,850 shares of the company's stock at the end of the fourth quarter.

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Fossil fuels 'probably dead,' says Canadian Pacific Railway CEO Hunter Harrison

2016-03-10 07:37:49| Railroads - Topix.net

People need to get their heads around the idea that fossil fuels are "probably dead," the CEO of Canadian Pacific Railway said Wednesday. "I'm not maybe as green as I should be but I happen to think the climate is changing they're not going to fool me anymore," Hunter Harrison told a J.P. Morgan transportation conference in New York.

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