|Bid||121.62 x 0|
|Ask||121.65 x 0|
|Day's Range||121.42 - 123.28|
|52 Week Range||96.46 - 127.96|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||20.40|
|Earnings Date||Jul 23, 2019|
|Forward Dividend & Yield||2.15 (1.75%)|
|1y Target Est||119.89|
Weak intermodal volumes hurt Canadian National Railway’s overall rail traffic in Week 24. The company’s intermodal volume fell 1.2% YoY to 50,878 units from 51,486 units in Week 24 of 2018.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
In Week 23, Canadian National Railway’s (CNI) total traffic volumes improved 1.2% year-over-year to 117,789 railcars from 116,381 railcars. Five of the seven Class I railroad companies registered YoY declines in their freight rail traffic.
US railroad companies' traffic volume fell for the 20th consecutive week in Week 23, which ended on June 8. Norfolk Southern (NSC) saw the biggest drop of 9.7%. Will US railroad companies' traffic volume continue to fall?
MONTREAL, June 15, 2019 -- CN (TSX: CNR) (NYSE: CNI) announced today that following the tentative agreement reached in May, the Teamsters Canada Rail Conference Rail Canada.
HALIFAX, Nova Scotia, June 13, 2019 -- In celebration of its 100th anniversary, CN (TSX: CNR) (NYSE: CNI) is pleased to announce that CN 100: A Moving Celebration, the moving.
CN has donated $150,000 to the Milton District Hospital Foundation (MDHF) to support annual equipment priorities for Milton District Hospital. The donation will be used to ensure that the hospital is equipped to meet the needs of fast-growing Milton. Milton District Hospital supports the healthcare needs of the Milton community, providing care in more than 45, 700 annual Emergency visits, delivering more than 1,000 babies a year in the Maternal Newborn unit, and performing more than 10,500 surgeries and procedures annually.
The transition to e-commerce and anticipated advances in automated trucking are forcing the freight railroads to adapt to supply chains that require railroads to be more responsive and nimble. Examples of this tactic include Canadian National's (NYSE: CNI) promotion of Michael Foster to executive vice president and chief information technology officer and CSX's (NYSE: CSX) appointment of Farrukh A. Bezar as senior vice president and chief strategy officer. Other examples include Kansas City Southern's (NYSE: KSU) September 2018 promotions of Brian Hancock to executive vice president and chief innovation officer and Michael Naatz to executive vice president and chief marketing officer.
Downtrend in US Rail Traffic Persisted for 19th Consecutive Week(Continued from Prior Part)Canadian National RailwayIn Week 22, Canadian National Railway’s (CNI) total traffic volumes fell 5.9% YoY (year-over-year) to 110,709 railcars from 117,646
Canadian National Railway Co NYSE:CNIView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for CNI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CNI. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CNI had net inflows of $1.11 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. CNI credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Uncertainty about why U.S. rail volumes are down, competition with the truck market and potential mergers and acquisitions were among the themes explored at two investor conferences this week. Kansas City Southern (NYSE: KSC) is seeing more volumes move from Mexico ahead of the U.S. deadline to impose import tariffs on Mexican goods, said Jeff Songer, chief operating officer. "We're seeing a push of volumes ahead of June 10," with more finished autos moving north from Mexico to the U.S., Songer said at the Deutsche Bank Global Industrials and Materials Summit on June 5.
CN (CNR.TO) (CNI) proudly marks its 100th anniversary today. CN was created by an Act of Parliament in Canada on June 6, 1919, and has since contributed continuously to Canada’s economy and prosperity. CN also hosted a Gala for stakeholders in Ottawa featuring the Confederation Players, a Prince Edward Island-based troupe of costumed, young, bilingual Canadian actors trained to re-enact the Fathers and Ladies of Confederation.
Today, CN’s (CNR.TO) (CNI) executive team will meet with the investment community in Toronto to discuss the Company’s strategic agenda. “Our focus is on driving long-term value creation for shareholders and customers,” said JJ Ruest, president and chief executive officer of CN. “CN’s ONE TEAM of scheduled railroaders is focused on service and operational excellence to grow faster than the economy, at low incremental cost.
Canadian National's (NYSE: CNI) strategy to build up its eastern network could include even more partnerships with trucking and intermodal partners, the company's chief executive officer said at an investor conference. Canadian National finalized acquiring trucking company TransX in March, while in April, the company said it was acquiring the intermodal assets of H&R Transport, which provides refrigerated trucking services. The company will be focusing on how it can better utilize its eastern network, which spans from Halifax to Chicago, and its southern network, which runs from Chicago to Mobile and New Orleans.
US Rail Traffic Downtrend Persisted for the 18th Straight Week(Continued from Prior Part)CNI’s rail traffic fellIn Week 21, Canadian National Railway’s (CNI) total traffic volumes inched down 0.5% YoY (year-over-year) to 112,176 railcars from
Assessing Canadian National Railway Company's (TSE:CNR) past track record of performance is an insightful exercise for...
MONTREAL, May 31, 2019 -- Keith Reardon, Senior Vice-President, Consumer Product Supply Chain and JJ Ruest, President and Chief Executive Officer of CN (TSX: CNR) (NYSE: CNI),.
WINNIPEG, Manitoba/OTTAWA, May 30 (Reuters) - A lockout of longshore workers at Canada's biggest port, the Port of Vancouver, ended in a deal on Thursday after a few hours, averting a potentially massive shipping disruption, the workers' union and employers association said. The lockout was immediately lifted and the union also withdrew its strike notice, according to separate statements by the BC Maritime Employers Association and the International Longshore and Warehouse Union Canada. At issue was the employers association's introduction of automation that could eliminate jobs, the union said.
US Rail Traffic Fell in Week 20 Due to Intermodal Weakness(Continued from Prior Part)Canadian National RailwayCanadian National Railway’s (CNI) overall rail traffic rose 0.1% YoY (year-over-year) in Week 20. The company hauled 117,480 railcars,
The Supply Chain Management Association (SCMA) today announces that CN is the recipient of its first ‘NATION BUILDER’ award. The award commemorates SCMA’s 100th anniversary and recognizes the historical and future importance of building supply chains to building Canada. “The 100th anniversary of SCMA served as the catalyst for this award, but the selection of CN was guided by the company’s unrivaled legacy of economic and innovative contributions to building Canada’s supply chain infrastructure,” said Christian Buhagiar, President and CEO, SCMA.
CN (CNR.TO) (CNI) today announced the winners of its Safe Handling Award for 2018. In all, 137 companies were presented with the Safe Handling Award at a special ceremony. “On behalf of CN, I am pleased to congratulate each of the Safe Handling Award recipients for 2018,” said James Cairns, senior vice-president, rail centric supply chain at CN.