Is Canadian CN and CP railway safe?
I would bet on this due to being stuck in Canada with a weak local dollar
From Bloomberg, Jul 20, 2015, 4:26:22 PM
Canadian National Railway Co. reported second-quarter earnings that beat analysts’ estimates after shedding jobs and benefiting from lower fuel costs.
To read the entire article, go to http://bloom.bg/1CLX9BJ
From Bloomberg, Jul 20, 2015, 6:45:29 PM
North American railroads are three-for-three in beating analysts’ profit estimates even as cargo volumes shrink. Now Canadian Pacific Railway Ltd. is in the spotlight.
To read the entire article, go to http://bloom.bg/1CM8f9M
UPDATE: Well forget the above with this
Canadian Pacific Railway Ltd. cut its forecast for full-year revenue and earnings-per-share growth while it seeks to control costs amid a decline in demand for commodities shipments.
To read the entire article, go to http://bloom.bg/1CNdOVv
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