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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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July 21, 2014
18:40 EDTCNIOn The Fly: After Hours Movers
UP AFTER EARNINGS: Netflix (NFLX), up marginally after reporting Q2 results... Sanmina (SANM), up 13.2% after reporting third quarter results and fourth quarter guidance above analyst estimates... Chipotle (CMG), up 10.1%... Helix (HLX), up 5.2%... Canadian National (CNI), up 1.13%... CYS Investments (CYS), up 1.7%. ALSO HIGHER: Apache (APA), up 5% after Bloomberg says JANA discloses $1B position... Johnson & Johnson (JNJ), up 1% after announcing a $5B share repurchase program... TG Therapeutics (TGTX), up 4.3% after reporting second quarter results and preliminary clinical results from TG-1101 Phase I study... DOWN AFTER EARNINGS: Rambus (RMBS), down 3.6% after reporting second quarter results... Ultra Clean (UCTT), down 4% after reporting quarterly results. ALSO LOWER: Tallgrass Energy (TEP), down 5% after filing to sell 7M common units representing limited partners.
16:08 EDTCNICanadian National raises FY14 outlook
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16:06 EDTCNICanadian National reports Q2 adjusted EPS C$1.03, consensus C$0.99
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