je.st
news
Ackman concedes oil plunge will hit Canadian Pacific Railway
2014-12-18 19:48:44| Railroads - Topix.net
CP shares have been on a roller coaster since October as investors weighed the effect of the lower crude prices on the company that has pegged one-third of its growth to soaring demand to move oil by train. RBC says lower oil prices don't necessarily mean more spending power for Canadian consumers.
Tags: hit
oil
pacific
canadian
Category:Transportation and Logistics