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Canadian Pacific Kansas City Ltd T.CP

Alternate Symbol(s):  CP

Canadian Pacific Kansas City Limited operates a single-line transnational railway linking Canada, the United States and Mexico, with unrivaled access to ports from Vancouver to Atlantic Canada to the Gulf of Mexico to Lazaro Cardenas, Mexico. It operates over 20,000 route miles and provides North American customers unparalleled rail service and network reach to key markets across the continent. It transports bulk commodities, merchandise, and intermodal freight. It offers a suite of freight transportation services, logistics solutions and supply chain expertise. It transports ethanol from production areas in the Midwest United States to key consumer markets across the Northeast United States. It serves various markets, including Canadian grain; United States grain; bulk; intermodal; automotive; forest and industrial products; transload, and energy, chemicals and plastics. Its network connects assembly and auto parts plants and distribution centers to serve the automotive industry.


TSX:CP - Post by User

Comment by yana8on May 22, 2013 4:16pm
63 Views
Post# 21428234

RE: RE: RE: $144.25 Cdn

RE: RE: RE: $144.25 Cdn

Justin, I appreciate your concern.  I do wish I had either shorted CP in USD last week (I would have had a profit instead of a loss) or shorted any other railroad but CP since all of them are down since last Thursday.  At this price point, everyone is expecting HH to come out with a buyback/div incrase or split... so any gimmick to keep the sp high.  HH can't control two things - the state of the general economy (have you seen the Cdn $ lately?  How about housing/manufacturing and core retail sales numbers in Canada?) and secondly, he can't control the overall market sentiment.  US markets are stretched and, as evidenced by today's reversal, are prone to sudden profit taking by the hedge funds.

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