Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Canadian Pacific Railway

The rail transportation company announced on June 4 that Paul Haggis was elected chairman. He's also chairman of Alberta Enterprise Corp. and C.A. Bancorp.

"With a new board and chairman, and a new CEO coming in soon, the distraction of pushing for change has been lifted and tangible steps forward should begin to show," CIBC analysts wrote in a June 7 report. "The path to an industry-competitive OR will need to carefully balance service and operational improvements."

Forward Annual Dividend Yield: 1.9%


Convergys

The relationship management solutions firm reported first-quarter earnings on May 8 of $26 million, or 22 cents a share, down from $22 million, or 17 cents a share.

"In the earnings release/today's call, CVG noted that Jeff Fox will be replaced as CEO in Q412 by Andrea Ayers, current CM COO and President, and will transition to Board Chairman," Credit Suisse analysts wrote in a May 9 report. "Also, Earl Shanks will be replaced as CFO in Q312 by Andre Valentine, current SVP (Finance), at CM. Given Jeff and Earl's successful transformation of CVG over the past two years, we were surprised by the timing of these changes. However, we believe CVG's transition to a pure-play customer care services company and the strong operating track record of the incoming CEO/CFO may have helped drive the earlier-than-expected transition, and we believe current management has set the stage for a smooth handoff."

Forward Annual Dividend Yield: 1.4%

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.

If you liked this article you might like

Cramer: Dominoes Are in Play Today

Advance Auto Parts Is About to Hit an Inflection Point, Barclays Says

Gap Joins Retailers With Decent Quarters; Posts Surprise Earnings Beat