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  • DATVF.ATLPHL
    1.683
    -0.004
    -0.2%
  • DATVF.CHIATL
    1.740
    0.056
    3.3%
  • DATVF.DALLAX
    0.988
    -0.050
    -4.8%
  • DATVF.LAXDAL
    1.245
    -0.122
    -8.9%
  • DATVF.SEALAX
    0.925
    0.046
    5.2%
  • DATVF.PHLCHI
    1.011
    0.035
    3.6%
  • DATVF.LAXSEA
    1.863
    -0.087
    -4.5%
  • DATVF.VEU
    1.478
    0.029
    2%
  • DATVF.VNU
    1.329
    -0.026
    -1.9%
  • DATVF.VSU
    1.116
    -0.086
    -7.2%
  • DATVF.VWU
    1.394
    -0.020
    -1.4%
  • ITVI.USA
    9,688.550
    3.040
    0%
  • OTRI.USA
    5.700
    0.010
    0.2%
  • OTVI.USA
    9,693.110
    3.010
    0%
  • TLT.USA
    2.640
    0.000
    0%
  • WAIT.USA
    140.000
    -16.000
    -10.3%
  • DATVF.ATLPHL
    1.683
    -0.004
    -0.2%
  • DATVF.CHIATL
    1.740
    0.056
    3.3%
  • DATVF.DALLAX
    0.988
    -0.050
    -4.8%
  • DATVF.LAXDAL
    1.245
    -0.122
    -8.9%
  • DATVF.SEALAX
    0.925
    0.046
    5.2%
  • DATVF.PHLCHI
    1.011
    0.035
    3.6%
  • DATVF.LAXSEA
    1.863
    -0.087
    -4.5%
  • DATVF.VEU
    1.478
    0.029
    2%
  • DATVF.VNU
    1.329
    -0.026
    -1.9%
  • DATVF.VSU
    1.116
    -0.086
    -7.2%
  • DATVF.VWU
    1.394
    -0.020
    -1.4%
  • ITVI.USA
    9,688.550
    3.040
    0%
  • OTRI.USA
    5.700
    0.010
    0.2%
  • OTVI.USA
    9,693.110
    3.010
    0%
  • TLT.USA
    2.640
    0.000
    0%
  • WAIT.USA
    140.000
    -16.000
    -10.3%
American ShipperShippingTrade and Compliance

Canadian Pacific’s net income skyrockets in 2017

The Class I railway revealed that for 2018, it is planning to invest between C$1.35 billion and C$1.5 billion in capital programs, and is expecting mid-single-digit revenues growth.

   Class I railway Canadian Pacific recorded a net income of $2.41 billion Canadian (U.S. $1.94 billion) for 2017, surging from C$1.6 billion for 2016, the company reported Thursday.
   Meanwhile, revenues totaled C$6.55 billion for 2017, up 5 percent from 2016.
   In the fourth quarter alone, Canadian Pacific recorded a net income of C$984 million, compared to C$384 million for the fourth quarter of 2016.
   Revenues for the fourth quarter of 2017 stood at C$1.71 billion, an increase of 5 percent year-over-year.
   Looking ahead, Canadian Pacific expects mid-single-digit revenues growth in 2018, and plans to invest between C$1.35 billion and C$1.5 billion in capital programs throughout the year.
   Canada’s other Class I cargo railway, Canadian National, revealed earlier this month that it will report fourth quarter and year-end 2017 financial and operating results on Jan. 23, 2018.

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