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News Tagged By: Canadian Pacific Railway (CP)

Buffett’s BNSF open to bid for Norfolk to challenge CP offer
The railroad controlled by Warren Buffett’s Berkshire Hathaway Inc. is open to making a competing bid for Norfolk Southern Corp., the target of a US$27 billion takeover effort by Canadian Pacific Railway Ltd.
Posted on 12-10-2015 at 7:05 PM
CP Rail revises Norfolk bid; offer quickly rebuffed again
CP Rail is revising its offer for Norfolk Southern, saying the new bid dramatically reduces regulatory uncertainty and will be more attractive to Norfolk investors.
Posted on 12-08-2015 at 7:19 AM
CP Rail said to be in takeover talks with Norfolk Southern
Canadian Pacific Railway Ltd., the second- biggest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry, people familiar with the matter tell Bloomberg
Posted on 11-09-2015 at 2:32 PM
CP Rail profit beats Street on higher freight rates, lower costs
Canadian Pacific Railway Ltd reported a better-than-expected quarterly profit, helped by higher freight rates and lower operating costs.
Posted on 10-20-2015 at 9:45 AM
CN, CP slash crude freight rates to lure shipments: Report
Canadian rail companies are cutting rates for shipping crude in their first serious effort to revive an industry rocked by the rout in global oil prices, shippers and terminal operators who are seeing discounts of as much as 25 percent tells Reuters.
Posted on 10-16-2015 at 7:58 AM
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