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Stock Market & Financial Investment News

News Breaks
January 24, 2014
09:08 EDTCNICanadian National, New Brunswick commit to preserve rail freight service
The Province of New Brunswick and CN have reached an agreement to preserve rail freight service on the line in northern New Brunswick Under the agreement, the Province of New Brunswick will invest up to $25M in rail infrastructure improvements to the Newcastle subdivision. CN will in turn spend a comparable amount to maintain and operate the line, ensuring continued rail freight service for a 15-year period on the northern and southern sections of the rail line: between Irvco, N.B., and Nepisquit Junction, N.B., in the north and between Catamount, N.B., and Nelson Junction in the south, where there are active rail freight customers.
News For CNI From The Last 14 Days
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October 21, 2014
16:25 EDTCNICanadian National announces new 28M share repurchase program
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16:23 EDTCNICanadian National maintains FY14 outlook issued on July 21
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16:22 EDTCNICanadian National reports Q3 carloads up 11%
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16:21 EDTCNICanadian National reports Q3 EPS C$1.04, consensus C$1.05
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16:15 EDTCNICanadian National announces new 28M share repurchase program
CN announced that its board has approved a new share repurchase program. CN believes that the repurchase of its shares represents an appropriate and beneficial use of the company's funds. CN's board authorized a new normal-course-issuer bid to purchase, for cancellation, up to 28M common shares, representing 3.9% of the 709.3M common shares issued and outstanding of the company not held by insiders on Oct. 15.
October 20, 2014
12:16 EDTCNICanadian Pacific still interested in consolidation, says UBS
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October 15, 2014
13:15 EDTCNIRailroad stocks pressured after CSX CEO comments on industry consolidation
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October 14, 2014
07:14 EDTCNIUBS hosts a Railroad analyst/industry conference call
Analyst Wadewitz will discuss his initiation of coverage of the Railroad Sector in a conference call on October 14 at 11 am.
October 13, 2014
16:17 EDTCNICanadian National initiated with a Neutral at UBS
10:53 EDTCNIRailroads advance after report of Canadian Pacific approach to CSX
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