Canadian Pacific pulls back profit forecast after Q2 net falls 40 per cent

Canadian Pacific Railway Ltd. (TSX:CP) has pulled back its full-year profit forecast after delivering a 40 per cent decline in second-quarter earnings as surging fuel costs swelled operating expenses while the slackening economy flattened revenue.

Read Full Article from The Canadian Press

- Posted: 2008-07-22 12:25:45

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