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Stock Market & Financial Investment News

News Breaks
March 25, 2014
15:01 EDTCNICN announces plan to phase out company fleet of DOT-111 tank cars
Earlier today, Canadian National annouced it is carrying out a gradual phase-out of its small fleet of 183 legacy DOT-111 tank cars used to transport diesel fuel for its locomotives to yard terminals. CN is investing C$7M to replace all the DOT-111 tank cars it owns outright with 40 new tank cars meeting the latest regulatory standards by the end of this year. The remaining 143 leased DOT-111 cars will also be replaced with a gradual phase-out plan completed as leases mature over the next four years.
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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October 10, 2014
10:01 EDTCNIOn The Fly: Analyst Upgrade Summary
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08:33 EDTCNICanadian National upgraded at BMO Capital
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06:27 EDTCNICanadian National upgraded to Outperform from Market Perform at BMO Capital
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