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Daily Archives: Aug 30, 2016

Canadian Pacific Railway Ltd jumps on speculation it may drop Norfolk Southern Corp bid

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Canadian Pacific Railway Ltd. surged the most in more than two years as speculation mounted that the company may drop its make an effort to purchase Norfolk Southern Corp. Canada’s second largest railroad gained 9.6 per cent to $164.16 at 12:06 p.m. in Toronto. Shares rose around 11 per cent earlier, their biggest intraday gain since October 2013. Faced with ...

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