CP Statement on STB Decision Relating to Access to KCS Information Needed to Prepare Merger Application
/PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") issued the following statement in response to the Surface Transportation Board ("STB") decision today relating to materials sought by CP in preparing its application for authorization to control Kansas City Southern ("KCS"):
Kansas City Southern Comments on Preliminary Proxy Statement Filed by CP
Kansas City Southern (NYSE: KSU) ("KCS") today issued the following statement in response to Canadian Pacific Railway Limited's (TSX: CP) (NYSE: CP) ("CP") filing of a preliminary proxy statement on July 29, 2021 regarding the Company's proposed combination with CN (TSX: CNR, NYSE: CNI), announced on May 21, 2021:
CP Files Proxy Statement Asking KCS Shareholders to Vote Against the Proposed CN-KCS Merger and Adjourn Shareholder Vote
/PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") today announced it has filed a proxy statement asking Kansas City Southern ("KCS") shareholders to vote "AGAINST" the proposed Canadian National-KCS combination at the KCS special meeting of stockholders on so that CN's proposed acquisition can be decided at a later date, when more information will be available to KCS's stockholders.
On strength of safety and service CP reports record Q2 revenues of $2.05 billion
/PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced second-quarter operating results, including record Q2 revenues of , an operating ratio ("OR") of 60.1 percent, record Q2 adjusted OR of 55.3 percent, record diluted earnings per share ("EPS") of and record adjusted diluted EPS of .
Canadian Pacific Railway Limited declares dividend
/PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of per share on the outstanding Common Shares.
U.S. House Transportation Committee Chair Says CN Voting Trust 'Not in the Public Interest' in Letter Submitted to STB
/PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") today announced that U.S. Rep. , Chair of the U.S. House Transportation and Infrastructure Committee, submitted a letter to the Surface Transportation Board opposing CN's request for a voting trust.
CP Releases Climate Strategy Supported by Ambitious Emissions Reduction Targets
/PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today published its first comprehensive charting a path to reduce greenhouse gas emissions, adapt CP operations to the physical risks of climate change and further position CP as a leader in the transportation sector's transition to a low-carbon future.
CP statement on TSB investigation update concerning fire in Lytton, B.C.
/PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) today issued the following statement on the Transportation Safety Board of ("TSB") rail transportation safety investigation () update concerning the fire in :
CP Comments on Biden Executive Order Addressing Competition in the American Economy
/PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) said today that the executive order signed by President Biden addressing competition in the U.S. economy sends clear messages: no rail mergers that reduce competition or hurt passenger service and that the U.S. economy needs more competition among railways. A CP-KCS combination would be a positive step toward more competition – not less – in the freight rail industry with no need for regulatory solutions. In contrast, a proposed CN-KCS combination creates competitive issues and reduces options for rail customers that will require additional regulation to overcome.