Media Archives - CP Rising https://cprising.com Together, We Can Put CP Back on Track Fri, 04 May 2012 14:51:53 +0000 en-US hourly 1 Ackman’s CP slate wins ISS support https://cprising.com/media/ackmans-cp-slate-wins-iss-support/ Thu, 03 May 2012 14:50:43 +0000 https://live-cp-rising.pantheonsite.io/?p=440 The activist shareholder pushing for an overhaul of Canadian Pacific Railway Ltd., now armed with a powerful endorsement, is pushing ever closer to victory in a looming board showdown rarely seen in Canada.

The post Ackman’s CP slate wins ISS support appeared first on CP Rising.

]]>
Jacquie McNish and Brent Jang
Globe and Mail
The activist shareholder pushing for an overhaul of Canadian Pacific Railway Ltd., now armed with a powerful endorsement, is pushing ever closer to victory in a looming board showdown rarely seen in Canada.

Click here to read the full article

The post Ackman’s CP slate wins ISS support appeared first on CP Rising.

]]>
CP blasted by proxy advisor ISS https://cprising.com/media/cp-blasted-by-proxy-advisor-iss/ Thu, 03 May 2012 14:49:37 +0000 https://live-cp-rising.pantheonsite.io/?p=437 Canadian Pacific Railway Ltd. was dealt a potentially devastating blow Thursday in its ongoing battle with activist investor Bill Ackman after an influential proxy advisory firm issued a scathing report recommending shareholders show several incumbent directors the boardroom door, including chairman John Cleghorn and its chief executive Fred Green.

The post CP blasted by proxy advisor ISS appeared first on CP Rising.

]]>
Scott Deveau
Financial Post
Canadian Pacific Railway Ltd. was dealt a potentially devastating blow Thursday in its ongoing battle with activist investor Bill Ackman after an influential proxy advisory firm issued a scathing report recommending shareholders show several incumbent directors the boardroom door, including chairman John Cleghorn and its chief executive Fred Green.

Click here to read the full article

The post CP blasted by proxy advisor ISS appeared first on CP Rising.

]]>
Historic coup at CP Rail https://cprising.com/media/historic-coup-at-cp-rail/ Thu, 03 May 2012 14:46:56 +0000 https://live-cp-rising.pantheonsite.io/?p=435 Later this month in Calgary, Canadian Pacific Railway — a national history-maker since 1881 — appears set to make history again. At the company’s annual meeting on May 17, the betting is that CP’s board of directors and management will be overthrown by a U.S. hedge-fund operator. But he won’t be operating alone. Canada’s institutional investors may be providing cover.

The post Historic coup at CP Rail appeared first on CP Rising.

]]>
Terence Corcoran
Financial Post
Later this month in Calgary, Canadian Pacific Railway — a national history-maker since 1881 — appears set to make history again. At the company’s annual meeting on May 17, the betting is that CP’s board of directors and management will be overthrown by a U.S. hedge-fund operator. But he won’t be operating alone. Canada’s institutional investors may be providing cover.

Click here to read the full article

The post Historic coup at CP Rail appeared first on CP Rising.

]]>
Ackman’s CP Rail slate endorsed by advisory firm https://cprising.com/media/ackmans-cp-rail-slate-endorsed-by-advisory-firm/ Thu, 03 May 2012 14:45:30 +0000 https://live-cp-rising.pantheonsite.io/?p=433 Hedge fund manager William Ackman just got more ammunition in his battle to shake up Canada's No. 2 railroad.

The post Ackman’s CP Rail slate endorsed by advisory firm appeared first on CP Rising.

]]>
Euan Rocha and Svea Herbst-Bayliss
Reuters
Hedge fund manager William Ackman just got more ammunition in his battle to shake up Canada’s No. 2 railroad.

Click here to read the full article

The post Ackman’s CP Rail slate endorsed by advisory firm appeared first on CP Rising.

]]>
Proxy advisory firm ISS: Pershing has ‘compelling’ case for change at CP https://cprising.com/media/proxy-advisory-firm-iss-pershing-has-compelling-case-for-change-at-cp/ Thu, 03 May 2012 14:40:32 +0000 https://live-cp-rising.pantheonsite.io/?p=431 A proxy advisory firm says a dissident shareholder has made a “compelling” case for a shake-up at Canadian Pacific Railway.

The post Proxy advisory firm ISS: Pershing has ‘compelling’ case for change at CP appeared first on CP Rising.

]]>
John Spears
Toronto Star
A proxy advisory firm says a dissident shareholder has made a “compelling” case for a shake-up at Canadian Pacific Railway.

Click here to read the full article

The post Proxy advisory firm ISS: Pershing has ‘compelling’ case for change at CP appeared first on CP Rising.

]]>
Exclusive: Polled CP Rail shareholders favor Pershing, some unsure https://cprising.com/media/exclusive-polled-cp-rail-shareholders-favor-pershing-some-unsure/ Thu, 19 Apr 2012 13:35:00 +0000 https://live-cp-rising.pantheonsite.io/?p=409 A month before a showdown over who should run Canada's second biggest railroad, more than half of the shareholders in a Reuters survey favor a dissident shareholder's slate of candidates over Canadian Pacific Railway Ltd's existing board.

The post Exclusive: Polled CP Rail shareholders favor Pershing, some unsure appeared first on CP Rising.

]]>
Nicole Mordant and Susan Taylor
Reuters
A month before a showdown over who should run Canada’s second biggest railroad, more than half of the shareholders in a Reuters survey favor a dissident shareholder’s slate of candidates over Canadian Pacific Railway Ltd’s existing board.

Click here to read the full article

The post Exclusive: Polled CP Rail shareholders favor Pershing, some unsure appeared first on CP Rising.

]]>
Ackman turns up heat in CP board battle https://cprising.com/media/ackman-slams-cps-record-of-underperformance/ Mon, 16 Apr 2012 13:35:30 +0000 https://live-cp-rising.pantheonsite.io/?p=394 As Bill Ackman’s campaign to win voter support for a new board at Canadian Pacific moves into its final month, the New York activist is stepping up pressure with a shareholder letter faulting the railway for its resistance to change.

The post Ackman turns up heat in CP board battle appeared first on CP Rising.

]]>
Jacquie McNish and Brent Jang
Globe and Mail
As Bill Ackman’s campaign to win voter support for a new board at Canadian Pacific moves into its final month, the New York activist is stepping up pressure with a shareholder letter faulting the railway for its resistance to change.

Click here to read the full story

The post Ackman turns up heat in CP board battle appeared first on CP Rising.

]]>
CP Rail-Pershing proxy fight: Bill Ackman dismisses expected earnings as “one good quarter” https://cprising.com/media/cp-rail-pershing-proxy-fight-bill-ackman-dismisses-expected-earnings-as-one-good-quarter/ Mon, 16 Apr 2012 13:31:27 +0000 https://live-cp-rising.pantheonsite.io/?p=405 CP Rail is set to report strong first quarter earnings on Friday that will far exceed expectations, but hedge fund Pershing Square’s Bill Ackman argues one good quarter, due to mild weather, won’t turn around the company.

The post CP Rail-Pershing proxy fight: Bill Ackman dismisses expected earnings as “one good quarter” appeared first on CP Rising.

]]>
Vanessa Lu
Toronto Star
CP Rail is set to report strong first quarter earnings on Friday that will far exceed expectations, but hedge fund Pershing Square’s Bill Ackman argues one good quarter, due to mild weather, won’t turn around the company.

Click here to read the full article

The post CP Rail-Pershing proxy fight: Bill Ackman dismisses expected earnings as “one good quarter” appeared first on CP Rising.

]]>
Ackman renews call for ‘reboot,’ ‘new CEO’ at Canadian Pacific https://cprising.com/media/ackman-renews-call-for-reboot-new-ceo-at-canadian-pacific/ Sat, 07 Apr 2012 14:30:27 +0000 https://cprising.navigatordigital.com/?p=212 Activist investor Bill Ackman is urging his fellow shareholders of Canadian Pacific Railway Ltd. (CP/TSX) to withhold their votes for all of the company's existing directors as the easiest way to implement a management change.

The post Ackman renews call for ‘reboot,’ ‘new CEO’ at Canadian Pacific appeared first on CP Rising.

]]>
Scott Deveau
Financial Post
Activist investor Bill Ackman is urging his fellow shareholders of Canadian Pacific Railway Ltd. (CP/TSX) to withhold their votes for all of the company’s existing directors as the easiest way to implement a management change.

Click here to read the full story

The post Ackman renews call for ‘reboot,’ ‘new CEO’ at Canadian Pacific appeared first on CP Rising.

]]>
Pershing Square urges CP Rail shareholders to withhold vote for incumbent directors https://cprising.com/media/pershing-square-urges-cp-rail-shareholders-to-withhold-vote-for-incumbent-directors-2/ Thu, 05 Apr 2012 14:46:20 +0000 https://cprising.navigatordigital.com/?p=244 Activist investor Bill Ackman is urging his fellow shareholders of Canadian Pacific Railway Ltd. to withhold their votes for all of the company’s existing directors as the easiest way to implement a management change.

The post Pershing Square urges CP Rail shareholders to withhold vote for incumbent directors appeared first on CP Rising.

]]>
Scott Deveau
Financial Post
Activist investor Bill Ackman is urging his fellow shareholders of Canadian Pacific Railway Ltd. to withhold their votes for all of the company’s existing directors as the easiest way to implement a management change.

Click here to read the full story

The post Pershing Square urges CP Rail shareholders to withhold vote for incumbent directors appeared first on CP Rising.

]]>