Updating Canadian Pacific Railway Ltd., Pengrowth Energy Corp. and ShawCor Ltd.

CANADIAN PACIFIC RAILWAY LTD. $250 (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 143.1 million; Market cap: $35.8 billion; Price-to-sales ratio: 5.5; Dividend yield: 1.0%; TSINetwork Rating: Above Average; www.cpr.ca) should benefit from new federal regulations meant to encourage rail operators to refurbish… Read More

Pengrowth loses a listing

PENGROWTH ENERGY $0.97 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $539.4 million; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in the Cold Lake area of Alberta.
In addition to their… Read More