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Canadian Pacific Railway Limited (CP.TO)

Toronto - Toronto Real-time price. Currency in CAD
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82.68-0.14 (-0.17%)
At close: 4:00PM EDT
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  • d
    Cp will take a 20% + hit on its profits due to drought. Wish I waited a bit before buying. Oh well.
  • r
    Will the market concentrate on the debt or anticipate benefits ? Knowing that would ease decision of buy / hold / sell.
  • M
    2 lawsuits. What do you guys think?
  • R
    Here is the clarity for 1.4B$:

    700m$ is termination fee
    700m$ is the refund (the money that KCS received from CN)

    The net effect is CP will be paying 700m$ only. The other 700m$ is a refund of CN money KCS received.

    "CN (CNR.TO) said in a statement released Wednesday morning that KCS (KSU) will pay the railway a US$700 million termination fee as a result of the failed agreement. KCS will also refund CN the US$700 million break fee it received from the railway after it terminated its agreement with CP. (CP.TO)"
  • G
    Things are going to get better as CP will become the first railroad to go from Canada-Us-Mexico. According to some financial institutions with this deal, CP is going to generate 5 times the current revenue 💯
  • g
    Anyone know when they are going to dilute? I bought a little bit recently, but now I'm thinking of getting out at a small loss and waiting for the dilution to get back in at a cheaper price.
  • D
    Deal's done, but break fee issues as being reported by Reuters are confusing. Quite possibly incorrect.

    IMO, the $700 million paid to CP by KSU via CN should stand....that March deal was broken and no longer exists.
    The $1 billion guarantee from CN to KSU in the event the voting trust structure was rejected should be paid to KSU. Because that is precisely what happened.

    And despite Reuters reporting, there should NOT be another (?!) $700 mm break fee payable to CN by KSU vis CP for breaking the May CN nobody broke that deal.
    The STB simply won't permit it to move forward.

    The way it is reported currently, CN would walk away with a net $700mm for being boneheaded failures in this whole mess.
    I think not.
  • A
    Will this go back up above 100?
  • K
    market up couple hundred points and CP still going down. Gosh.. it will probably goes to 80.
  • K
    Bloomberg just confirmed CN is not raising offer. Same article also confirms CN gets $1.4 BILLION from CP! How, in the name of all things right, is that possible? I didn't want to believe that but now both Bloomberg AND Barron's have confirmed that. Just plain wrong
  • K
    Recovering nicely now pre-market. Getting deal for $25 less per share than CN AND creates first Canada/US/Mexico rail. Maybe last Class 1 merger ever. Buy!
  • T
    Buying under 70.00 Cad.
  • D
    They agreed to change the name to Canadian Pacific Kansas City? .... come on guys. ~
  • R
    Red Panda
    Still time to buy
  • S
    Ya , if my memory serves me correct CN has to pay Kansas City 1B if STB rejects trust , inaccurate reporting ..
  • S
    Sean C
    I buy at $81
  • A
    the big volume start at 83, so maybe this will low max at 80 and can only go back up right?
  • H
    If deals goes through, share dilution? What happens to the stock itself? I don’t quite understand what happens when a company buys another one or a merger is done. Please don’t say stock goes up or down, that’s not what I’m asking.
  • W
    Does CP fly again?
  • D
    Hey Keith:

    Make an offer to your buddy send one of your senior managers over to CN to teach them PSR. I hear they'd be quite receptive to a "refresher course" right now.

    Yuo could charge..oh, say... US $1billion.