09:58 AM EST - Canadian Pacific Railway Limited : announced second-quarter net income of $166.6 million, up from $135.5 million in the year-ago quarter. Earnings per share were $0.98, up 23% from $0.80 in the second-quarter 2009 which included a $0.41 per share gain from an asset sale. Adjusted net income were $156.2 million or $0.92 per share, compared to $79.3 million or $0.47 per share in the same quarter last year. Revenues for the quarter were $1.234 billion, compared to restated revenues of $1.031 billion in the prior-year quarter. Canadian Pacific Railway Limited
shares T.CP are trading up $0.18 at $60.00.