07:47 AMCanadian Pacific Railway (CP): Q1 EPS of C$0.39 misses by C$0.09. Revenue of C$1.07B (-6.6%) vs. C$1.04B. "The unprecedented temporary decline in traffic in some of our key markets (as measured by carloads), particularly potash (-70%), Canadian coal (-30%), and automotive (-43%) has resulted in more than 2,400 employee layoffs to date." (PR)
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14:56 PM
Four-dollar gas is driving travelers and shippers to the train station, Barron's says. Train stocks (BNI, UNP, CSX, NSC, CNI, CP, KSU, WAB) look poised for 10-15% gains over the next year.
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Tuesday, July 22, 2008
07:52 AMCanadian Pacific Railway (CP): EPS of C$1.00 misses by $0.02. Revenue of C$1.22B (+0.4%) in-line. [PR]
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