Canadian Pacific Railway Ltd. (TSX: T.CP, Stock Forum) briefly hit $107.71, before closing at $107.37, for an increase of 1.72%.
CP Rail is a holding company whose direct and indirect subsidiaries operate railways in North America.
The company, through 10,600 miles of owned track and 4,100 miles of jointly-owned or leased track, and through alliances and connections with other rail companies, operates mainline rail transportation services which span North America.
The company will release its fourth-quarter financial and operating results at 7:30 a.m. Eastern time (5:30 a.m. Mountain time) on Tuesday, Jan. 29, 2013.
The second company to make the 52-week-high list was West Fraser Timber Co. Ltd. (TSX: T.WFT, Stock Forum). The stock hit a new peak of $77.50, before closing at $76.66, for an increase of 2.21%.
West Fraser Timber is a North American integrated wood products company which produces lumber and southern yellow pine, panels, pulp, newsprint and wood chips.
On Dec. 6, 2012, the Board of Directors of West Fraser Timber declared a quarterly dividend of $0.14 per share on the common shares and class B common shares in the capital of the company.