Canadian Pacific Railway Limited (CP) Q4 2010 Earnings Call January 26, 2011 11:00 am ET Executives Jane O’Hagan - Chief Marketing Officer and Executive Vice President Edmond Harris - Chief Operations Officer and Executive Vice President Kathryn McQuade - Chief Financial Officer and Executive Vice President Janet Weiss - Executive Officer of Investment Community Frederic Green - Chief Executive Officer, President, Director and Member of Health, Safety, Security & Environment Committee Analysts Walter Spracklin - RBC Capital Markets, LLC Peter Nesvold - Bear Stearns David Newman - Cormark Securities Inc. Ken Hoexter - BofA Merrill Lynch Thomas Wadewitz - JP Morgan Chase & Co Scott Malat - Goldman Sachs Group Inc. Chris Wetherbee - Merrill Lynch John Godyn Benoit Poirier - Desjardins Securities Inc. Scott Group - Wolfe Research Brandon Oglenski Matthew Troy - Susquehanna Financial Group, LLLP Cherilyn Radbourne - TD Newcrest Capital Inc. PresentationOperator
Good morning. My name is Steve, and I will be your conference operator today. At this time, I would like to welcome everyone to the Canadian Pacific's Fourth Quarter 2010 Conference Call. [Operator Instructions] Ms. Wiess, you may begin your conference. Janet Weiss Thank you, Steve. Good morning, and thanks for joining us. The presenters today will be Fred Green, our President and Chief Executive Officer; Kathryn McQuade, our Executive Vice President and Chief Financial Officer; Ed Harris, Executive Vice President and Chief Operations Officer; and Jane O'Hagan, Executive Vice President and Chief Marketing Officer. Also joining us on the call today is Brian Grassby, our Senior VP, Finance and Controller. The slides accompanying today's teleconference are on our website.