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Stock Market & Financial Investment News

News Breaks
March 21, 2014
05:19 EDTCNICanadian National proposes binding arbitration with TRC-CTY
CN said it has proposed binding arbitration to reach a contract settlement with the Teamsters Canada Rail Conference - Conductors, Trainpersons and Yardpersons, or TCRC-CTY, after the union advised that the tentative labour agreement negotiated with CN on Feb. 5, failed to ratify. This is the second tentative contract that the TCRC-CTY has not ratified this year. The TCRC-CTY represents approximately 3,000 CN train conductors, trainpersons, yardpersons and traffic coordinators on CN's network in Canada. Claude Mongeau, CN president and CEO, said: "We are disappointed that our tentative agreement with the TCRC-CTY narrowly failed ratification following extensive negotiations with the union's bargaining committee.
News For CNI From The Last 14 Days
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October 27, 2014
16:22 EDTCNICanadian National plans to buy back 5.18M shares through private agreements
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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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