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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (123636)	4/28/2022 9:42:13 AM
From: Goose94	Read Replies (1) of 203382

Canadian Pacific Railway (CP-T) Misses Q1 Expectations CP Railway will be a stock to watch today after the company reported lower profit and revenue in the first-quarter. The Calgary-based firm is citing bad weather, a labour dispute and a weak grain harvest for the drop in results. Canada’s second-largest railroad also said higher fuel costs weighed on its bottom line, something we heard from its competitor CN Rail when it reported earnings earlier this week. CP’s CEO Keith Creel also said he still expects a ruling from the U.S. Surface Transportation Board about its proposed acquisition of Kansas City Southern by early next year. The combination of the two companies will create the only railroad stretching through all of North America. BNN.ca

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