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Canadian Pacific Railway Ltd


  • Canada's second-largest railway and the Teamsters Canada Rail Conference could not agree on scheduling and rest time before a midnight deadline passed. Commuters in Montreal will also feel the effects, since CP operates some commuter trains in Canada's second largest city. Canada's Labour Minister Kellie Leitch, who intervened in the talks on Friday to try...

  • TORONTO, Feb 15- Canadian Pacific Railway's train engineers and conductors walked off the job on Sunday as a midnight deadline to reach agreement on a new contract passed, setting the stage for back-to-work legislation to be enacted by the government. Canada's No. 2 railway had reached a last-minute deal with another union, Unifor, which represents safety and...

  • TORONTO, Feb 14- Canadian National Rail said on Saturday that it has reached a tentative labor agreement with the union representing its train engineers in Canada. Canada's largest railway said the deal with the Teamsters Canada Rail Conference, which covers about 1,800 locomotive engineers, will be put to a ratification vote by mid-April, when results will be...

  • OTTAWA/ TORONTO, Feb 13- The Canadian government said on Friday it had joined contract talks between Canadian Pacific Railway Ltd and unionized staff ahead of a possible weekend strike, but it also began laying the groundwork to introduce back-to-work legislation. Leitch was in Montreal on Friday and "is personally intervening to encourage all parties to work...

  • UPDATE 2-CP Rail faces a weekend strike; says it is ready Wednesday, 11 Feb 2015 | 1:53 PM ET

    TORONTO, Feb 11- Canadian Pacific Railway Ltd said on Wednesday its managers will be ready to take over if engineers and conductors in Canada walk off the job on Sunday, as talks to try to avert a strike at the country's No. 2 railway continued. CP, which also has a substantial U.S. network, said the Teamsters represent more than 3,000 active locomotive engineers and...

  • UPDATE 1-CP Rail says it is ready for a strike Wednesday, 11 Feb 2015 | 10:43 AM ET

    TORONTO, Feb 11- Canadian Pacific Railway Ltd managers will be ready to take over if train engineers and conductors in Canada strike this weekend, Chief Operating Officer Keith Creel said on Wednesday. CP, which also has a substantial U.S. network, said the Teamsters unit represents more than 3,000 active locomotive engineers and conductors.

  • Bill Ackman takes a break—for now Monday, 2 Feb 2015 | 12:37 PM ET
    Bill Ackman joins Squawk Box on their first day at their new set in New York City.

    Bill Ackman appears set to take it easy for a few months after knockout performance in 2014.

  • Jan 22- Canadian Pacific Railway Ltd, Canada's second-largest railroad operator, reported a higher-than-expected quarterly profit as freight volumes jumped and operating efficiency improved. Net income rose to C $451 million, or C $2.63 per share, from C $82 million, or 47 Canadian cents per share, a year earlier, when the company had taken an impairment charge...

  • US stock futures trim advance after ECB details QE Thursday, 22 Jan 2015 | 9:11 AM ET
    President of the European Central Bank Mario Draghi

    U.S. stock index futures signaled a higher open as all eyes were fixed on the ECB Mario Draghi, who is expected to announce a bond-buying program.

  • 5 ways to play oil's steep decline Tuesday, 13 Jan 2015 | 7:19 PM ET
    Pumpjacks pump petroleum from the ground.

    Putting money into the commodity itself was among the moves CNBC "Fast Money" traders would make at current prices.

  • UPDATE 1-CP Rail workers set Feb. 15 strike deadline Tuesday, 13 Jan 2015 | 5:33 PM ET

    TORONTO, Jan 13- About 1,650 Canadian Pacific Railway Ltd workers represented by the Unifor union have set a Feb. 15 strike deadline to back contract demands, Unifor said on Tuesday. Bargaining, which started in September, is set to resume in Calgary this week after a holiday break. Unifor is Canada's biggest private sector union.

  • Your first trade for Wednesday Tuesday, 2 Dec 2014 | 6:36 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders give their final trades of the day.

  • ENDERLIN, N.D., Nov 25- After her shift at the TraXside Cafe in the southeast North Dakota hamlet of Enderlin, all Karla Souer wants to do is go home. That's because, chances are, there's a Canadian Pacific Railway Ltd train blocking the tracks somewhere on her route. Desperate for a solution, Enderlin's city councilors last month banned train breaks longer than 10...

  • David Gerstenhaber

    Delta Air Lines stock headed higher despite a strong run-up, Argonaut Capital's David Gerstenhaber says.

  • Early Movers: HD, GPS, NKE, KING, SHLD & more Friday, 7 Nov 2014 | 8:06 AM ET

    Some of the names on the move ahead of the open.

  • No way to run a railroad! Amtrak's woes deepen Tuesday, 4 Nov 2014 | 11:38 AM ET
    Amtrak train pulls into the train station at Emeryville, California.

    As more goods travel by rail, Amtrak and other railway systems are seeing mounting collateral damage: gridlock.

  • Your first trade for Wednesday Tuesday, 14 Oct 2014 | 6:36 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders share their final trades of the day.

  • CSX beats, citing U.S. economy for freight boost Tuesday, 14 Oct 2014 | 5:17 PM ET
    CSX freight lines run through center city Philadelphia

    CHICAGO, Oct 14- No. 3 U.S. railroad CSX Corp on Tuesday reported a rise in third-quarter profit, beating forecasts and predicting double-digit growth for 2015 as it moved more freight on its network due to a growing U.S. economy. CSX reported earnings per share of 51 cents, up from 45 cents a year ago and beating the 48 cents expected by Wall Street analysts.

  • Stocks plunge; Nasdaq Composite near correction Monday, 13 Oct 2014 | 4:08 PM ET

    Stocks rose Monday after last week's rout that came as investors fretted signs of a slowing global economy.

  • Midday movers: GoPro, Tesla Motors, Yahoo & more Monday, 13 Oct 2014 | 1:03 PM ET
    New York Stock Exchange NYSE

    Some of Monday's midday movers: