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Industrials News

Tracking the tailspin: Bombardier facing turbulent future as shares sink
Investors are asking if this is the time to buy one of Canada’s iconic companies, or is the transportation giant entering a prolonged period of weakness?
Posted on 7-23-2015 at 3:53 PM
WestJet and Porter Airlines defend Bombardier after dramatic stock drop
Bombardier still has friends in high places.
Posted on 7-22-2015 at 4:52 PM
Bad news for Bombardier: China, Russia, and Latin America selling, not buying jets
Energy companies and governments in China, Russia, and Latin America are all cutting their spending and looking to empty their hangers, according to an industry insider.
Posted on 7-22-2015 at 2:01 PM
Could Toronto HOV lanes become permanent toll roads?
Toronto's high-occupancy vehicle lanes will not remain beyond the Pan Am Games, but the lessons learned by the temporary project will shape the plan for future toll lanes.
Posted on 7-22-2015 at 11:24 AM
When Hunter Harrison's away CP's board will play
Canadian Pacific Railway is shedding light on the health of CEO Hunter Harrison, as well as the departure of two of its board members and its chairman, saying it's addressing "inaccurate speculation" and shareholder queries.
Posted on 7-22-2015 at 10:03 AM
CP Rail board drama: Chairman exits after errant release
Canadian Pacific Railway Ltd. lifted the veil on Chairman Gary Colter’s resignation, saying he stepped down after he and another director triggered an errant news release on the departure of another board member.
Posted on 7-22-2015 at 8:15 AM
Rail titans reign in costs as economic woes weigh
Recession or not, Canada's rail titans are battening down the hatches. Hunter Harrison says he's focused on driving down costs after CP Rail missed second-quarter estimates. It's also warning full-year profit could fall short of Street expectations. This, after rival CN rail announced a host of measures to cope with slowing growth.
Posted on 7-21-2015 at 10:36 AM
CP Rail cuts 2015 outlook, chairman resigns in governance dispute
Canadian Pacific Railway Ltd. cut its forecast for full-year revenue and earnings per share growth while it seeks to control costs amid a decline in demand for commodities shipments.
Posted on 7-21-2015 at 9:19 AM

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