89.28 -0.12 (-0.13%)
After hours: 4:11PM EDT
|Bid||70.00 x 2900|
|Ask||0.00 x 800|
|Day's Range||88.83 - 89.54|
|52 Week Range||70.59 - 90.57|
|PE Ratio (TTM)||15.80|
|Forward Dividend & Yield||1.38 (1.55%)|
|1y Target Est||N/A|
Bill Gates is the second richest man in the world (after Amazon's Jeff Bezos), with a net worth of over just under $95 billion as of August 17, 2018, according to Forbes. Gates has since retired from the day to day functioning of Microsoft and focuses his efforts on his philanthropic causes through the Bill & Melinda Gates Foundation. The Foundation has a substantial portfolio of investments.
JetBlue (JBLU) raises non-fuel unit costs outlook for Q3 as well as the full year following the recent ratification of its pilot contract. This in turn, might hurt the bottom line in 2018.
Norfolk Southern's (NSC) initiatives to add shareholder value through dividends are encouraging, especially in the wake of the tax law.
In this daily bar chart of CNI, below, we can see that CNI has broken out above its January and May/June highs. The daily On-Balance-Volume (OBV) line has been moving up with prices from early April which helps to confirm the advance. In this weekly bar chart of CNI, below, we can see that prices have broken above the chart resistance around $85.
Moody's Investors Service ("Moody's") assigned an A2 rating to Canadian National Railway Company's (CN) new CAD$800 million of senior unsecured notes to be spilt into two tranches, with the first due 2028, and second due 2048. CN's existing ratings are unchanged, including the A2 senior unsecured note rating, and the P-1 short-term rating. As well, CN's well-positioned railway network, diverse product category exposure, and ongoing focus on productivity improvements and service levels will support price increases modestly ahead of overall inflation.
Canadian National Railway (NYSE: CNI) pricing was up between 4 and 4.4 percent in the second quarter compared to the second quarter of 2017, and the executives on the company's second quarter earnings conference call say they're OK with the fact that it wasn't higher. "We have to be mindful that it's a marathon, not a sprint," Jean-Jacques Ruest said on the Tuesday call accompanying the release of the company's earnings. Ruest had been the interim President and CEO but had the interim title taken off the same day as the earnings were announced.
Solid freight revenues drive Canadian National's (CNI) results in Q2. However, deterioration in operating ratio is a concern.
Canadian National Railway Co on Tuesday reported a better-than-expected quarterly profit and raised its forecast for full-year adjusted earnings as the railroad moved higher volumes of commodities including grains and fertilizers at better pricing. The capacity gives Montreal-based CN more leeway to take on crude-by-rail contracts, provided it does not disrupt service of commodities like grain, said Chief Executive Jean-Jacques Ruest, who now heads the company on a permanent basis. CN Rail and smaller rival Canadian Pacific Railway Ltd are investing in rail infrastructure to ease capacity constraints following a surge in demand from producers of grains and other commodities.
Canadian National Railway Co will have more overall capacity on its trains in the back half of 2018, and it expects to take on more shipments of crude by rail, Chief Executive Jean-Jacques Ruest said on Tuesday. “In the second half we will have more capacity, therefore we will also be able to execute a bigger book of business of crude," Ruest told analysts.
The Montreal-based company said it had profit of $1.37 per share. Earnings, adjusted for pretax gains, were $1.17 per share. The results exceeded Wall Street expectations. The average estimate of 11 analysts ...
Less than five months into the job, Canadian National Railway Co.’s new boss is making good on a pledge to speed up service and improve the carrier’s performance. Trains moved more swiftly in the second quarter than in the first, and spent less time idling in rail yards, Canadian National said as it reported earnings after the close of trading Tuesday. The results are a testament to the railroad’s progress under Chief Executive Officer Jean-Jacques Ruest, who was named to the post Tuesday after being promoted in March on an interim basis.
Canadian National Railway reported a 27 percent jump in quarterly profit on Tuesday as the railroad moved higher volumes of commodities including grains and fertilizers. The company, which named Jean-Jacques ...
Canadian National Railway Co on Tuesday gave interim Chief Executive Officer Jean-Jacques Ruest the role on a permanent basis. Sixty-three-year-old Ruest, who has been with the company for more than two decades, was named interim CEO at Canada's largest railroad after Luc Jobin stepped down abruptly in March. CN Rail, once considered a benchmark for railway efficiency, has been struggling with capacity constraints that have shrunk its ability to meet strong demand to transport crude-by-rail to U.S. Gulf coast refiners.
Canadian National Railway Co. named Jean-Jacques Ruest as president and chief executive officer, four months after he took over as interim leader amid service stumbles that tarnished the company’s vaunted efficiency. Ruest, 63, will also join the board, the Montreal-based railroad said in a statement Tuesday. The 22-year Canadian National veteran has been rushing to improve performance after the railroad proved unable to accommodate a surge in freight starting in the second half of last year.
Canadian National Railway (NYSE: CNI ) announces its next round of earnings this Tuesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement. Earnings and Revenue Analysts ...
Union Pacific Corporation's (UNP) second-quarter results benefit from increased freight revenues. However, deterioration in operating ratio remains a concern.
High freight revenues owing to the impressive performance of coal and intermodal segments are expected to benefit Canadian National's (CNI) Q2 results.