84.91 -0.04 (-0.05%)
After hours: 4:38PM EST
|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||84.29 - 86.94|
|52 Week Range||70.59 - 91.90|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||14.46|
|Forward Dividend & Yield||1.39 (1.62%)|
|1y Target Est||92.52|
Canada's biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada's crude in Alberta, driving discounts to record-high levels. Canadian heavy crude traded on Friday for less than one-third of the U.S. benchmark light oil price.
MONTREAL, Nov. 06, 2018 -- Ghislain Houle, executive vice-president and chief financial officer of CN (TSX: CNR) (NYSE: CNI), will address the Scotiabank Transportation &.
MONTREAL, Oct. 31, 2018 -- CN (TSX: CNR) (NYSE: CNI) today announced a public debt offering of US$650 million 4.450% Notes due 2049. CN expects to close the offering on.
Moody's Investors Service, ("Moody's") assigned an A2 rating to Canadian National Railway Company's ("CN") new USD$300 million senior unsecured notes due 2020 and new USD$300 million senior unsecured notes due 2049. CN's existing ratings are unchanged, including the A2 senior unsecured note rating, and the P-1 short-term rating.
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
The robust financial health of railroads bears testimony to the fact that the scenario has improved considerably for players in this industry despite coal-related headwinds.
CN (CNR.TO) (CNI) today announced it has reached an agreement to acquire Winnipeg-based The TransX Group of Companies, one of Canada’s largest and oldest transportation companies. “This strategic acquisition allows CN to deepen its supply chain focus, strengthening our exceptional franchise, including our intermodal business, notably the specialized, fast-growing refrigerated segment,” said JJ Ruest, president and chief executive officer of CN. “TransX has a 55-year history of providing innovative customer solutions in an industry that continues to evolve.
This article by FreightWaves advisor and intermodal consultant Brian Bowers is the second of three reviewing the controversial subject of precision railroading, an operational system and a management philosophy that in the railroad business today is leading to one question: which side are you on? This week we are going to explore current performance within each of the five foundations of the strategy. 1. Improving service quality and consistency is key to achieving precision railroading.
Canadian National Railway's third-quarter earnings report suggests strong growth ahead for the railroad.
Canadian National Railway (NYSE: CNI) became the latest railroad to beat earnings estimates thanks to the growth in bulk commodities such as crude, grain and coal. The fifth largest railroad by revenue, Canadian National saw revenue rise 14 percent to $3.69 billion Canadian dollars. Adjusted net income rose 11 percent to $1.1 billion with earnings per share rising 15 percent to $1.50, which was better than the $1.48 per share consensus estimate.
Strong freight revenues drive Canadian National's (CNI) Q3 results. Moreover, the company's efforts to reward shareholders in the form of dividends and share repurchases are encouraging.
Canadian National Railway Co. expects to set a record for crude-by-rail shipments next year as it vies with Canadian Pacific Railway Ltd. to dominate a booming market.
CN (CNI) delivered earnings and revenue surprises of 2.68% and 3.66%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Canadian National Railway Co reported a better-than-expected third-quarter profit on Tuesday as the railroad shipped higher volumes of crude and grains. Railroads including CN Rail and Canadian Pacific ...
On a per-share basis, the Montreal-based company said it had profit of $1.18. Earnings, adjusted for pretax gains, came to $1.15 per share. The results beat Wall Street expectations. The average estimate ...
Canadian National Railway Co's third-quarter profit jumped 18.4 percent as the railroad moved higher volumes of grains and crude. The company said on Tuesday net income rose to C$1.13 billion in the three ...
CN (CNR.TO) (CNI) announced today that its Board of Directors has approved the repurchase of its shares under a new normal course issuer bid (Bid) and approved a fourth-quarter 2018 dividend. The Bid permits CN to purchase, for cancellation, over a 3-month period up to 5.5 million common shares, representing 0.9 per cent of the 611,354,197 common shares issued and outstanding of the Company not held by insiders on Oct. 16, 2018. On that date, 730,422,928 CN common shares were issued and outstanding.
Solid top-line growth in the quarter with record revenues;progress on key capacity expansion projects sets up strong finish to year MONTREAL, Oct. 23, 2018 -- CN (TSX: CNR).
MONTREAL, Oct. 23, 2018 -- CN (TSX: CNR) (NYSE: CNI) will issue its third-quarter 2018 financial and operating results today, Oct. 23, 2018, at 4.01 p.m. Eastern Daylight Time.
On Tuesday, Oct. 23, Canadian National Railway (NYSE: CNI ) will release its latest earnings report. Benzinga's outlook for Canadian National Railway is included in the following report. Earnings and Revenue ...