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Canadian Pacific's Pivot To Growth Will Take Longer Than The Market Thinks
Friday, April 21, 2017 - 9:32am | 688Loop Capital Markets said in a note released on Friday Canadian Pacific Railway Limited (USA) (NYSE: CP)'s pivot to growth will take longer than the markets thinks. This along with the fact that the company's stock has come within 4 percent of its price target has prompted the firm to downgrade its...
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Why CSX Isn't The Only M&A Target In The Rail Space Right Now
Tuesday, January 24, 2017 - 12:49pm | 565If you think CSX Corporation (NASDAQ: CSX) is the only possible M&A target, you could be mistaken. There might be other potential opportunities for investors, according to Loop Capital. On Monday, Canadian Pacific Railway Limited (USA) (NYSE: CP) filed its separation agreement with outgoing CEO...
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Railway Takeaways From Citi Industrials Conference
Friday, June 17, 2016 - 1:33pm | 354The 2016 Citi Industrials Conference took place this week, and analyst Christian Wetherbee released a series of new notes with takeaways from the conference and commentary on a number of railway stocks. Here’s a look at what he had to say. Kansas City Southern (NYSE: KSU): Wetherbee saw CFO...
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Canadian Pacific Seeing 'Overwhelming Support' From Shippers For Its Proposed Acquisition Of Norfolk Southern
Thursday, February 25, 2016 - 3:04pm | 221Canadian Pacific Railway Limited (NYSE: CP) said on Thursday that it has received "overwhelming support" from its customers for its proposal to acquire Norfolk Southern Corp. (NYSE: NSC). Related Link: UBS: Canadian Pacific-Norfolk Southern Combo Still Possible Canadian Pacific...