Canadian Pacific Kansas City Ltd
TSX:CPView on NYSE

  • LAST PRICE
    108.9700
  • TODAY'S CHANGE (%)
    -0.9800 (-0.8913%)
  • Bid / Lots
    108.6800/ 1
  • Ask / Lots
    109.1400/ 1
  • Open / Previous Close
    110.1800 / 109.9500
  • Day Range
    108.5100
    110.6000
  • 52 Week Range
    94.4500
    123.3700
  • Volume
    1,251,736

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  • May 21, 2024

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    • 4:31PM ET on Tuesday May 21, 2024 by Dow Jones
      Companies Mentioned: CP, CP

      This article was automatically generated by MarketWatch using technology from Automated Insights.

      Shares of Canadian Pacific Kansas City Ltd. CP shed 0.73% to C$110.86 Tuesday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index rising 0.01% to 22,468.16. Canadian Pacific Kansas City Ltd. closed C$12.51 short of its 52-week high (C$123.37), which the company achieved on March 13th. Trading volume of 1.4 M shares eclipsed its 50-day average volume of 1.3 M.

    • 2:11PM ET on Tuesday May 21, 2024 by Dow Jones
      Companies Mentioned: CNI, CNR, CP, CP

      1411 ET - The Business Council of Canada, which represents CEOs at blue-chip companies, writes to cabinet ministers asking they take every measure available to prevent a possible railroad strike in the coming weeks. Among the options the council calls for is legislation to avert a railroad strike, like Congress adopted in December 2022 and President Biden signed into law. The timing of a simultaneous strike at both Canadian National Railway and Canadian Pacific Kansas City is up in the air after the Labor Minister asked the federal labor-relations board to rule on whether the railroads must transport certain goods during a labor disruption. CPKC says a strike, or possible employee lockout, might not materialize for eight weeks. This uncertainty is causing damage to foreign confidence in Canadian supply chains, the council writes. (paul.vieira@wsj.com; @paulvieira)

    • 11:07AM ET on Tuesday May 21, 2024 by Dow Jones
      Companies Mentioned: CNI, CNR, CP, CP

      1107 ET - Canadian supply chain will likely be safe from labor action as a regulator investigates the effects of a potential strike. CIBC's Kevin Chiang notes that the Teamsters Canada Rail Conference were in a position to strike on May 22 but Canada's labour minister asked the Canada Industrial Relations Board to look into the impacts of a potential rail strike on the health and safety of the public and Canadian law forbid striking until the board issues a decision. Because of this "a potential labour disruption that was threatening Canada's supply chain has been pushed out." (adriano.marchese@wsj.com)

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