04:25 PM EST - Canadian Pacific Railway Ltd. : U.S. regulators gave Canadian Pacific Railway Ltd. the green light on Tuesday to take control of Dakota, Minnesota & Eastern Railroad Corp, which could eventually bring a third railroad to lucrative western U.S. coal fields. The Surface Transportation Board said the $1.5 billion acquisition, announced last year, would not lessen competition in the rail industry, and no shippers would lose the option of competitive services because of the takeover. Canadian Pacific Railway Ltd.
shares T.CP are trading up $1.00 at $57.07.
