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Seeking Alpha (Free subscription) | yesterday
David Powell submits: Canadian National Railway (CNI) reported its second quarter results on July 21; earnings per share declined 6% from last year to $0.94 [US] and net income was down 11%. Even so, CNI shares are up 4% since last week and up 12% since the beginning of the year, while the Dow is down about 12%. Why is CNI so steadfast in this recession; aren't railroads sensitive to the economy?...
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Reuters UK (Free subscription) | 07/22/2008
VANCOUVER, British Columbia, July 21 (Reuters) - Canadian National Railway posted an 11 percent drop in second-quarter earnings on Monday, nipped by a stronger Canadian dollar and higher fuel costs, but still beat expectations.
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The Street (Free subscription) | 07/16/2008
His Cascade Investments portfolio includes Republic Services and Canadian National Railway
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The Memphis Business Journal (Free subscription) | 07/09/2008
Canadian National Railway Co. announced Wednesday the arrival of a second weekly steamship alliance vessel at the Port of Prince Rupert in British Columbia, Canada. (CNI)
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Fool.com (Free subscription) | 07/08/2008
Market-trouncing returns could be written in this 5-star.
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Business Wire (Free subscription) | 06/30/2008
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting
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Zurich City (Free subscription) | 06/27/2008
Federal Surface Transportation Board officials toured Chicago suburbs this week to gauge how people and services could be disrupted by Canadian National Railway's plan to ...
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Seeking Alpha (Free subscription) | 06/25/2008
FP Trading Desk submits: Unusually harsh winter weather wreaked havoc on the on-time performance of Canadian National Railway Co. (CNI) in the second quarter, according to the UBS annual survey of short line railways. Rick Patterson, UBS analyst and author of the survey said: Complete Story »
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Seeking Alpha (Free subscription) | 06/13/2008
FP Trading Desk submits: The weakening U.S. economy is expected to put the brakes on further share price appreciation for Canada's major railways, according to Blackmont Capital analyst Avi Dalfen. Mr. Dalfen downgraded his earnings estimates and price target on both Canadian National Railway Co. (CNI) and Canadian Pacific Railway Ltd. (CP) in a note to clients on Thursday, "due to increased economic...
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Seeking Alpha (Free subscription) | 06/03/2008
FP Trading Desk submits: The lag in fuel cost recovery and lower than expected volumes are expected to weigh heavily on Canadian National Railway Co.’s (CNI) second quarter earnings. CN’s volumes are down 2.3% this year and the rapid rise in diesel fuel prices is likely to pose such a challenge to country’s largest railroad that Walter Spracklin, RBC Capital Markets analyst, says he doesn’t believe...
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Chicago Tribune (Free subscription) | 05/27/2008
No federal law against idling locomotives, agencies say When Chuck Rice bought his home along the Canadian National Railway Co. tracks in Bartlett 10 years ago, he fully expected to hear freight trains rumble past at all hours.
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Today's Tribune-Review (Free subscription) | 05/25/2008
Residents in Barrington, Ill., are concerned that Canadian National Railway Co., which plans to buy EJ&E, a 198-mile loop around Chicago, will cause a number of problems.
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Chicago news (Free subscription) | 05/21/2008
Indiana's two U.S. senators and a northwest Indiana congressman are asking federal regulators to reject Canadian National Railway's request to speed up review of its proposed purchase of a 198-mile rail line.
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CBC.ca (Free subscription) | 05/21/2008
As Canadian National Railway Co.'s Chicago expansion plans draw new high-profile opposition from the likes of U.S. Democratic presidential hopeful Barack Obama, Don Krusel is looking on with more than a little self interest.