Stocks in Play

Canadian Pacific Railway Ltd.

10:11 AM EST - Canadian Pacific Railway Ltd. : has reported a drop in third-quarter net income to $172.7 million, compared with $218.6 million a year earlier. Revenue was up 7 percent from a year earlier, to $1.26 billion from $1.19 billion, while operating costs swelled 11 percent to $962 million, powered by a 49 percent increase in spending on fuel. Canadian Pacific Railway Ltd. shares T.CP are trading up $3.01 at $46.51.