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CP Rail beats 3Q 2017 profit estimates on higher shipments

(Source: Reuters, October 17, 2017)

NEW YORK — Railroad operator Canadian Pacific Railway Ltd. on Tuesday reported a better-than-expected quarterly profit on higher shipments of crude oil, coal and potash and raised its full-year profit forecast. The company now expects 2017 adjusted earnings to grow at double-digit percentage. It had previously expected high single-digit percentage growth.

Full story: Reuters

Wednesday, October 18, 2017

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