Tuesday, July 24, 2007

Canadian Pacific Railway second-qtr profit falls

(Reuters) - CP Rail, which revealed last week that Brookfield Asset Management had approached it with a bid proposal, earned C$257.7 million , or C$1.64 a share, down from a profit of C$378.1 million, or C$2.37 a share, a year earlier.



Second-quarter results for the 2007 period were restated for accounting rule changes.


Read more at Reuters.com Bonds News

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