1370 Ontario St. - Mezzanine, Cleveland, Ohio 44113 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Secretary-Treasurers
Information
Merchandise
Communications
FELA
Events
Links
User Info

Ackmanís Pershing boosts Canadian Pacific stake

(Source: Bloomberg News, February 15, 2012)

NEW YORK ó Pershing Square Capital Management LP, the hedge fund run by William Ackman, boosted its stake in Canadian Pacific Railway Ltd. (CP) to about 14 percent of the companyís stock and cut its holding in Kraft Foods Inc.

The fund reported holding about 24.2 million Canadian Pacific shares valued at $1.63 billion as of Dec. 31, up from about 4.04 million shares as of Sept. 30, according to a filing today with the U.S. Securities and Exchange Commission.

Full story: Bloomberg News

Wednesday, February 15, 2012

Like us on Facebook at
Facebook.com/BLETNational

© 1997-2014 Brotherhood of Locomotive Engineers and Trainmen

 


Safety Task Force Hotline
800-306-5414

Decertification Helpline
800-393-2716

DAILY HEADLINES

Teamster Nation: Get the latest updates in the War on Workers
Rail congestion from oil boom blamed for high electricity costs
Utilities, railroads guardedly optimistic about coal deliveries
Canada introduces new crossing, rail safety regulations
Six rail unions team up to tackle national contract negotiations
Weekly U.S. coal carloads hit 2014 highs, led by UP and BNSF
AAR: Combined rail traffic up 8.4 percent over 2013 for week ending December 13
Opinion: Oil train glut shows how little Keystone XL pipeline matters
STB extends Grand Trunk, EJ&E transaction oversight for another 2 years
Canada's Unifor and CN fail to reach labor agreement
CSX re-opens Chicago Locomotive Shop
Union Pacific to announce 4Q 2014 results on January 22, 2015
UP files $2.3 million lawsuit against metal company
Railroad Retirement and Unemployment Insurance taxes in 2015

More Headlines


Enter your e-mail address to receive BLET news updates.

Subscribe  Unsubscribe