(Reuters) - CP Rail, Canada's No. 2 railway which said 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.
CP Rail said it sees "significant challenges" in 2007 from rising fuel refining margins and the strengthening Canadian dollar, but expects to meet its target for higher revenues and profits.
Read more at Reuters.com Bonds News
CP Rail said it sees "significant challenges" in 2007 from rising fuel refining margins and the strengthening Canadian dollar, but expects to meet its target for higher revenues and profits.
Read more at Reuters.com Bonds News
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