Canadian Pacific Announces Second Quarter 2011 Results
CALGARY — Canadian Pacific Railway Ltd. announced its second-quarter 2011 results with reported net income of $128.0 million and diluted earnings per share of 75 cents.
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Canadian Pacific Headlines Canadian Pacific Announces Second Quarter 2011 Results CALGARY — Canadian Pacific Railway Ltd. announced its second-quarter 2011 results with reported net income of $128.0 million and diluted earnings per share of 75 cents. CP Declares Quarterly Dividend CALGARY — The Board of Directors of Canadian Pacific Railway declared an increase in CP’s next quarterly dividend to 30 cents Canadian per share on the outstanding Common Shares, from 27 cents per share. CP Reports First Quarter Earnings CALGARY — Canadian Pacific Railway announced its first-quarter 2011 results, reporting net income in the first-quarter was $33.7 million and diluted earnings per share were $0.20. CP: Investing $100 Million in North Dakota BISMARCK, N.D. — Canadian Pacific today announced the investment of $100 million in North Dakota between 2010 to 2012. The investment plan will expand network capacity and enhance rail service in order to meet increased traffic demands. CALGARY — Canadian Pacific said first quarter earnings will be lower due to the impact of winter weather across the entire rail supply chain. Harris Retires, Franczak Appointed as EVP CALGARY — Canadian Pacific President and CEO Fred Green announced changes within the railway’s executive team following Executive Vice President, Operations Ed Harris’ decision to retire effective April 1. CP-TSI: Service Level Agreement Adds Supply Chain Momentum VANCOUVER — Canadian Pacific and TSI Terminal Systems Inc. (TSI), a subsidiary of GCT Global Container Terminals Inc., announced the signing of a Service Level Agreement that they say builds on their productivity and performance agreement announced last June. Canadian Pacific, Montreal Port Authority Sign Agreement MONTREAL — Canadian Pacific (and the Montreal Port Authority (MPA) announced the signing of a collaborative agreement on performance and productivity that formalizes the railroad’s and the port’s ongoing supply chain collaboration. Canadian Pacific, CAW Reach Agreement CALGARY — Canadian Pacific was notified by the Canadian Auto Workers union (CAW) today that the Memorandum of Settlement reached on Feb. 5 by Canadian Pacific and the CAW has now been ratified by the membership. CP Announces Quarterly Dividend CALGARY — The Board of Directors of Canadian Pacific Railway has declared a quarterly dividend of 27 cents per share on the outstanding Common Shares. |
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