News & Videos - CANADIAN PACIFIC KANSAS CITY - Page 5

CP Shareholders Overwhelmingly Support Proposed CP-KCS Merger Agreement PR Newswire CALGARY, AB, Dec. 8, 2021 CALGARY, AB , Dec. 8, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") today announced that its shareholders voted overwhelmingly in favour of the issuance of CP common shares to Kansas City Southern ("KCS") common stockholders in connection with the proposed CP-KCS combination. "The shareholder approvals today are a key step on our path to this...

CP's Executive Vice-President and Chief Financial Officer and CP's Assistant Vice-President Investor Relations to address the BMO Capital Markets 2021 Growth & ESG Conference on Dec. 7, 2021 PR Newswire CALGARY, AB, Dec. 1, 2021 CALGARY, AB , Dec. 1, 2021 /PRNewswire/ - Canadian Pacific's (TSX: CP) (NYSE: CP) Executive Vice-President and Chief Financial Officer, Mr. Nadeem Velani , and CP's Assistant Vice-President Investor Relations, Maeghan Albiston , will address the BMO Capital Markets 2021...

Keith Creel named 2021 CEO of the Year by Globe and Mail's Report on Business PR Newswire CALGARY, AB, Nov. 24, 2021 CALGARY, AB , Nov. 24, 2021 /PRNewswire/ - Mr. Keith Creel , CP President and Chief Executive Officer, has been named 2021 CEO of the Year and Strategist of the Year by The Globe and Mail's Report on Business Magazine. A cover profile of Mr. Creel and his leadership at CP will appear in the Nov. 27, 2021 issue. "It is my honor to accept this award on behalf of the entire CP family...

Surface Transportation Board accepts CP-KCS merger application as complete, sets procedural schedule PR Newswire CALGARY, AB and KANSAS CITY, Mo., Nov. 23, 2021 CALGARY , AB and KANSAS CITY, Mo. , Nov. 23, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") and Kansas City Southern (NYSE: KSU) ("KCS") today announced that the Surface Transportation Board ("STB") has accepted the joint CP-KCS merger application as complete. "We are pleased that the Board has accepted...

CP donates $100,000 to Canadian Red Cross to support recovery efforts in B.C., will match employee donations until end of year PR Newswire CALGARY, AB, Nov. 23, 2021 CALGARY, AB , Nov. 23, 2021 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) announced today that it will donate $100,000 to the Canadian Red Cross to support the 2021 British Columbia Floods and Extreme Weather appeal. "While working tirelessly to restore our rail network, we have never lost sight of the impact this disaster is...

Canadian Pacific to reopen B.C. rail corridor Tuesday; important work ahead to rebalance supply chain PR Newswire CALGARY, AB, Nov. 22, 2021 CALGARY, AB , Nov. 22, 2021 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) announced today that it would reopen its railway between Kamloops, B.C. and Vancouver by mid-day Tuesday, Nov. 23 . Crews have worked around the clock after the Nov. 14 atmospheric river rain storm in British Columbia , where nearly 200 millimetres of rain fell over two days in...

Canadian Pacific announces US$6.7 billion debt offering in the United States PR Newswire CALGARY, AB, Nov. 17, 2021 CALGARY, AB , Nov. 17, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") announces that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing US$1.5 billion of 1.350% Notes due 2024, US$1.0 billion of 1.750% Notes due 2026, US$1.4 billion of 2.450% Notes due 2031, US$1.0 billion of 3.000% Notes due 2041 and US$1.8 billion of 3.100%...

Canadian Pacific announces C$2.2 billion debt offering in Canada PR Newswire CALGARY, AB, Nov. 17, 2021 CALGARY, AB , Nov. 17, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") announces that its wholly- owned subsidiary, Canadian Pacific Railway Company, is issuing C$1.0 billion of 1.589% Notes due 2023 and C$1.2 billion of 2.540% Notes due 2028, which will be guaranteed by CP (the "Canadian offering"). The Canadian offering is expected to close on November 24,...

Steven Page, Strumbellas to front 2021 'Holiday Train at Home' concert PR Newswire CALGARY, AB, Nov. 15, 2021 CALGARY, AB , Nov. 15, 2021 /PRNewswire/ - Canadian Music Hall-of-Famer Steven Page and The Strumbellas will lead an all-star cast of performers aboard the CP Holiday Train for the 2021 "Holiday Train at Home" concert. The concert will be streamed on Facebook , YouTube and www.cpr.ca/holidaytrain on Saturday, Dec. 18 , at 6 p.m. MT / 8 p.m. ET . "With the 'Holiday Train at Home' concert,...

CP recognized for continued sustainability leadership, again named to 2021 Dow Jones Sustainability North America Index PR Newswire CALGARY, AB, Nov. 15, 2021 CALGARY, AB , Nov. 15, 2021 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) is proud to announce that it has been named to the Dow Jones Sustainability North America Index (DJSI North America) for 2021. This marks the second consecutive year CP has been listed on the DJSI North America. The index comprises sustainability leaders...

CP Sets Dec. 8 Date for Special Meeting of Shareholders to vote on CP-KCS Merger Agreement PR Newswire CALGARY, AB, Nov. 3, 2021 CALGARY, AB , Nov. 3, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") today announced that it has scheduled a virtual Special Meeting of Shareholders ("Special Meeting") on Dec. 8, 2021 at 11 a.m. ET ( 9 a.m. MT ) for shareholders to vote on the issuance of the CP common shares to KCS stockholders in connection with the proposed...

Canadian Pacific expands Hydrogen Locomotive Program to include additional locomotives, fueling stations with Emissions Reduction Alberta grant PR Newswire CALGARY, AB, Nov. 1, 2021 CALGARY, AB , Nov. 1, 2021 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) will dramatically expand the scope of its pioneering Hydrogen Locomotive Program with a $15 million grant announced by Emissions Reduction Alberta (ERA) today. The grant enables CP to increase the number of hydrogen locomotive conversions...

CP releases 2020 corporate sustainability report PR Newswire CALGARY, AB, Oct. 28, 2021 CALGARY, AB , Oct. 28, 2021 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) today published its 2020 corporate sustainability report highlighting the company's successes and achievements on its journey to being sustainably driven. This report provides an overview of CP's continued progress in three sustainability areas of focus: operating safety, maintaining operational excellence throughout the network,...

CP reports third-quarter revenue growth of 4 percent; maintains full-year adjusted diluted EPS guidance PR Newswire CALGARY, AB, Oct. 20, 2021 CALGARY, AB , Oct. 20, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced third-quarter revenues of $1.94 billion , diluted earnings per share ("EPS") of $0.70 , adjusted diluted EPS 1 of $0.88 , an operating ratio ("OR") of 60.2 percent and an adjusted OR 1 of 59.4 percent. "The third quarter presented challenges...

Canadian Pacific Railway Limited declares dividend PR Newswire CALGARY, AB, Oct. 19, 2021 CALGARY, AB , Oct. 19, 2021 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares. The dividend is payable on Jan. 31, 2022 to holders of record at the close of business on Dec. 31, 2021 , and is an "eligible" dividend for purposes of the Income Tax Act ( Canada ) and any similar...

CP to report third-quarter 2021 earnings results on Oct. 20, 2021 PR Newswire CALGARY, AB, Oct. 5, 2021 CALGARY, AB , Oct. 5, 2021 Canadian Pacific (TSX: CP) (NYSE: CP) will release its third-quarter 2021 financial and operating results at 7:30 a.m. ET ( 5:30 a.m. MT ) on Oct. 20, 2021 . CP will discuss its results with the financial community in a conference call beginning at 8 a.m. ET ( 6 a.m. MT ) on Oct. 20, 2021 . Conference Call Access Toronto participants dial in number: 1-416-764-8688...

Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the Company’s Board of Directors, in consultation with its financial and legal advisors, has unanimously determined that the acquisition proposal KCS received from Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”) on September 12, 2021 continues to constitute a “Company Superior Proposal” under KCS’s pending merger agreement with Canadian National Railway Company (TSX: CNR, NYSE: CNI) (“CN”). KCS also...

CP Offer for KCS Declared "Company Superior Proposal" by KCS Board PR Newswire CALGARY, AB, Sept. 12, 2021 CP looks forward to executing definitive merger agreement with KCS CALGARY, AB , Sept. 12, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") today announced that it has completed negotiations of a proposed merger agreement with Kansas City Southern ("KCS"), which the KCS Board of Directors has deemed a "Company Superior Proposal." CP stands ready to execute a...

CP looks forward to re-engaging with KCS to form CP-KCS, the only achievable Class 1 combination PR Newswire CALGARY, AB, Sept. 4, 2021 Welcomes KCS Board of Directors' Determination that CP's Offer Reasonably Expected to Lead to "Company Superior Proposal" CALGARY, AB , Sept. 4, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") today said it is ready to re-engage with the Kansas City Board of Directors following its determination that CP's revised offer can...

Kansas City Southern (NYSE: KSU) (“KCS”) today announced that its Board of Directors has unanimously determined, after consultation with the Company’s outside legal and financial advisors, that the unsolicited proposal received from Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") on August 31, 2021, to acquire KCS in a cash and stock transaction valued by CP at $300 per KCS share could reasonably be expected to lead to a “Company Superior Proposal” as defined in KCS’s...