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Canadian Pacific Q1 profit sags 31 per cent as slow economy drags on shipments (The Canadian Press Canada News)
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Canadian Pacific Q1 profit sags 31 per cent as slow economy drags on shipments (Canadian Business)CALGARY - Canadian Pacific Railway Ltd. (TSX:CP) has reported a 31 per cent drop in first-quarter profit to $62.5 million as the sluggish economy
Canadian Pacific Q1 profit sags 31 per cent as slow economy drags on shipments (The Canadian Press Canada News)CALGARY - Canadian Pacific Railway Ltd. (TSX:CP) has reported a 31 per cent drop in first-quarter profit to $62.5 million as the sluggish economy dragged revenue down seven per cent from a year earlier to $1.07 billion.
Canadian Pacific Announces First-Quarter Results (Business Wire .CP plans to reduce its capital program in 2009 to $720 million to $740 million, a decrease from the original outlook of $800 million to $820 million. This is compared with the capital program for the full year 2008 of $1.0 billion, .
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