89.28 -0.12 (-0.13%)
After hours: 4:11PM EDT
|Bid||82.15 x 2900|
|Ask||90.88 x 800|
|Day's Range||88.83 - 89.54|
|52 Week Range||70.59 - 90.57|
|PE Ratio (TTM)||16.75|
|Forward Dividend & Yield||1.37 (1.62%)|
|1y Target Est||89.63|
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MONTREAL, Aug. 15, 2018-- JJ Ruest, president and chief executive officer of CN today announced senior management appointments, tapping experienced precision scheduled railroaders to drive cost efficiencies ...
JACKSONVILLE, Fla., Aug. 14, 2018-- Duos Technologies Group, Inc., a provider of advanced intelligent security and analytical technology solutions, reported financial results for the second quarter ended ...
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.
CN (CNR.TO) (CNI) today announced that on Aug. 30, 2018, it is redeeming all of its outstanding 5.55% Notes due March 1, 2019, as described in the terms and conditions of the prospectus supplement. The redemption price shall be determined on Aug. 27, 2018 as defined in the prospectus supplement and the market conditions on that date. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
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.
CN (CNR.TO) (CNI) today announced a public two-tranche debt offering of C$800 million, comprised of C$350 million 3.20% Notes due 2028, and C$450 million 3.60% Notes due 2048. CN expects to close the offering on July 31, 2018, subject to customary closing conditions. CN plans to use the net proceeds from the offering for general corporate purposes, including the redemption and refinancing of outstanding indebtedness, and share repurchases. The debt offering is being made in Canada under CN's base shelf prospectus dated Feb. 13, 2018.
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 ...
MONTREAL, July 24, 2018-- CN announced today that its Board of Directors has approved a third-quarter 2018 dividend on the Company’ s common shares outstanding. A quarterly dividend of forty-five-and-a-half ...
CN raises financial outlook following swift network recovery and solid top-line growth; continued strong demand and capital investments build momentum for second half of year. MONTREAL, July 24, 2018-- ...
MONTREAL, July 24, 2018-- CN will issue its second-quarter 2018 financial and operating results today, July 24, 2018, at 4.01 p.m. CN's senior officers will review the results and the railway's outlook ...