Posts Tagged ‘ cp ’

Earnings Preview: Ashland, Barrick Gold, Boeing, Canadian Pacific Railway

April 23, 2013

Some major companies are due to announce earnings on Wednesday morning, here’s a look at five of the big players, Ashland Inc. (NYSE:ASH), Barrick Gold Corporation (NYSE:ABX), The Boeing Company (NYSE:BA), Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP), and Corning Incorporated (NYSE:GLW). Ashland Inc. (NYSE:ASH): Before the market opens on Wednesday April 24, Ashland will announce its earnings for the first three months of 2013. Analysts are expecting the company to show earnings of $1.55...
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Canadian Pacific Appoints Hunter Harrison as CEO

By Saul Griffith

June 29, 2012

An activist shareholder has had his say at Canadian Pacific Railway Limited (NYSE:CP) (TSE:CNR) and installed a handpicked CEO to turn things around at the railroad. CP’s largest shareholder, Bill Ackman of Pershing Capital Management LP, won a proxy battle six weeks ago to nominate seven nominees to the company’s board. The board named Hunter Harrison, 67, previously of the Canadian National Railway (NYSE:CP), as CEO. Harrison’s obvious remit is to turn around CP,...
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Ackman’s Pershing Square Q1: CP, BKC, JUSH, JCP, C and GGP

By Jacob Wolinsky

June 12, 2012

Bill Ackman’s Pershing Square is up 11.8% year to date as of March 31st. katya Wachtel of Reuters, and Amy Or of DowJones, reported a loss of 7% for the month of May. We have not received the stat sheet for May, but that would bite a chunk out of the returns for the year. The letter we have received is dated 6/12/2012, but only has data through Q1. Likely, investors at the firm...
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Economic and Company News: CP, MT, REP, BP, JPM in Focus

By Abhijit Sen

May 29, 2012

Every morning we put out a news report with the latest news in global stock markets, company news, and global economic news. Morning Market Update Market Levels US: Dow Futures: 12511.00 (0.66%), S&P 500 Futures: 1322.50 (0.56%), NASDAQ Futures: 2540.75 (0.66%) Europe: CAC: 3066.89 (0.79%), DAX: 6382.76 (0.93%), FTSE: 5378.11 (0.40%). Asia-Pacific: Australia: 4114.40 (1.14%), China: 2389.64 (1.18%), Hong Kong: 19055.46 (1.34%), India: 4990.10 (0.09%), Japan: 8657.08 (0.74%). Metals: Gold: 1574.40 (0.09%),...
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Bill Ackman Helps Oust Canadian Pacific CEO, Board

By DebbieBaratz

May 17, 2012

In another case of an activist investor taking on a company and winning, William Ackman is the latest victor. On Thursday, Canadian Pacific Railway Ltd (NYSE:CP) (TSE:CP) Chief Executive Fred Green threw in the towel and resigned after a long proxy fight with Ackman. This will pave the way for a management upheaval at the second-largest railroad in Canada. Green will be joined by four other directors who will not be re-elected at the...
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Morning News: WMT, CP, SHLD, BAC, A, HBC and AV in Focus

By Abhijit Sen

May 17, 2012

Every morning we put out a news report with the latest news in global stock markets, company news, and global economic news. Morning Market Update Market Levels US: Dow Futures: 12584.00 (0.08%), S&P 500 Futures: 1323.40 (0.08%), NASDAQ Futures: 2557.00 (-0.02%) Europe: CAC: 3032.69 (-0.53%), DAX: 6358.25 (-0.41%), FTSE: 5353.97 (-0.96%). Asia-Pacific: Australia: 4157.40 (-0.19%), China: 2378.89 (1.37%), Hong Kong: 19200.93 (-0.31%), India: 4870.20 (0.25%), Japan: 8876.59 (0.85%). Metals: Gold: 1554.80 (1.18%), Silver: 27.62...
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Canadian National Railway Co ($CNI): The Dividend Play

By FastGraphs

May 16, 2012

Canadian National Railway Co ($CNI): The Dividend Play

Canadian National Railway Co (CNI) is a company whose stock price has historically correlated very closely to earnings. Wherever earnings have gone, Canadian National Railway Co‘s stock price has followed. Currently CNI’s stock price is precisely tracking its earnings justified valuation. Therefore, we believe the company is trading at a sound valuation offering the prudent dividend growth investor the opportunity for capital appreciation and dividend growth at a reasonable level of risk. Dividend Contender: Canadian...
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Bill Ackman Interview on CP War (Video)

By Jacob Wolinsky

April 28, 2012

With the proxy vote to determine the fate of CP Rail inching closer, Headline (BNN news) gets a full update from Bill Ackman, CEO, Pershing Square Capital Management. There are three parts of the video, lasting about 10 minutes each There is no embed code links for each part of the video are below: Part 1: Part 2: Part 3: 'Get ValueWalk's Daily Edition By Email and Never Miss Our...
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Bill Ackman’s Proxy Battle with Canadian Pacific Heats Up

By ValueWalk Staff

April 16, 2012

Activist investor Bill Ackman, has been attacking his new target, Canadian Pacific Railway Limited (NYSE:CP) (TSETSE:CP). Recently, Ackman sent a letter to other Canadian Pacific Railway Limited shareholders trying to rally them into pressuring the board of directors into stepping down and putting in a new board and placing Hunter Harrison as the new CEO. This call for action comes a month before a shareholder vote and the company’s first quarter earnings release. The manager...
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Bill Ackman’s Track Record and CP

By Jacob Wolinsky

April 11, 2012

BNN speaks with Ken Squire, Founder, 13D Activist Fund about Bill Ackman’s track record and how investors can play activist investor activity. No embed code, link below: Squire on BNN 'Get ValueWalk's Daily Edition By Email and Never Miss Our Top Stories'
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Canadian Pacific Fires Back At Pershing Square’s Allegations

By Paul Shea

April 10, 2012

Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) hit back at Bill Ackman’s Pershing Square Capital today with a release listing some of the company’s correction to facts highlighted by Bill Ackman’s Pershing Square Capital about the business. The company says it believes replacing the CEO Fred Green with Ackman’s nominee Hunter Harrison would be disastrous for the company’s well being in what the board says is a critical phase in the company’s life. Pershing Square holds...
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