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CP Rail Q4 profit more than doubles thanks to U.S. tax boost [Business News Network (BNN) Energy & Resources (Canada)]

CANADIAN PACIFIC RAILWAY (CP)  More Company Research Source: Business News Network
Last canadian pacific railway earnings: 7/18 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.cpr.ca/financials/default.aspx
PDF CP Rail Q4 profit more than doubles thanks to U.S. tax boost Canadian Pacific Railway Ltd's ( CP.TO ) quarterly profit more than doubled, helped by an income tax gain of $527 million due to the new U.S. tax code. CP's net income rose to $984 million, or $6.77 per share, in the fourth quarter ended Dec. 31, from $384 million, or $2.61 per share, a year earlier. The Calgary-based company's total revenue rose to $1.71 billion from $1.64 billion. [Read more]

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