Posthaste: More than 80% of Canadians fear recession by the end of the year [Financial Post (Toronto, Ontario, Canada)]
Canadian Pacific Kansas City Limited Common Shares (CP)
Last canadian pacific kansas city limited common shares earnings: 4/21 04:24 pm
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Source: Financial Post
Good morning! More than 80 per cent of Canadians are worried the country will fall into a recession before the end of year — and they are already bracing for it. Nearly eight in 10 adults are making changes to their lifestyle because of these recession fears, according to BMO's Real Financial Progress Index, out this morning. The survey found that Canadians are adjusting their spending habits as the cost of living rises and uncertainty about the future grows. More than a third are delaying big purchases, 30 per cent are paying down debt and 27 per cent are cutting back on holiday spending. There has been a lot of talk about recessions lately, but forecasts regarding Canada's economic outlook are hard to pin down. Stephen Poloz, the former governor of the Bank of Canada, recently said at a gathering in Banff, Alt. that he believes there remains a chance to achieve a “soft landing.” On a darker note, highly regarded economist Nouriel Roubini, who predicted the 2008 downturn
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News
- Canadian Pacific Kansas City Limited (NYSE: CP) had its price target lowered by analysts at Stifel Nicolaus from $83.00 to $82.00. They now have a "hold" rating on the stock.MarketBeat
- Canadian Pacific Kansas City Limited (NYSE: CP) had its price target lowered by analysts at Evercore Inc. from $90.00 to $89.00. They now have an "outperform" rating on the stock.MarketBeat
- Canadian Pacific Kansas City Limited (NYSE: CP) had its price target lowered by analysts at Bank of America Co. from $97.00 to $92.00. They now have a "buy" rating on the stock.MarketBeat
- Canadian Pacific Kansas City Limited (NYSE: CP) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- Canadian Pacific Kansas City Limited (NYSE: CP) had its price target lowered by analysts at Evercore ISI from $90.00 to $89.00. They now have an "outperform" rating on the stock.MarketBeat
CP
Earnings
- 4/24/24 - Beat
CP
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 8-K
- 4/24/24 - Form 10-Q
- CP's page on the SEC website