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Stock Market & Financial Investment News

News Breaks
May 11, 2014
15:40 EDTCNICanadian National investigates minor derailment in eastern Canada, WSJ says
Canadian National Railway confirmed it is investigating a train derailment that led to six railcars falling off a track in eastern Canada, says the Wall Street Journal. A spokesperson for Canadian National Railway said it was a "very minor accidend," added the Wall Street Journal. Reference Link
News For CNI From The Last 14 Days
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September 26, 2014
12:06 EDTCNICanadian National sees frac-sand franchise generating C$300M in 2014
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September 24, 2014
14:02 EDTCNICanadian National sells rail line to Metrolinx for C$76M
Canadian National announced the purchase by Metrolinx of a segment of Canadian National rail line principally used by GO Transit commuter trains in the Georgetown-Kitchener, Ont., area west of Toronto for C$76M. Metrolinx is acquiring the segment of Canadian National's Guelph Subdivision from a point west of Main Street in Georgetown to a location near Park Street in Kitchener. Canadian National will retain freight operating rights over the line segment sold to Metrolinx.
September 22, 2014
07:25 EDTCNICitigroup to hold a conference
Industrials Conference to be held in Boston on September 22-24.
September 18, 2014
07:22 EDTCNICanadian National fined for missing grain quota, Globe and Mail reports
The Canadian government is imposing its first monetary penalty under the recently passed Fair Rail for Grain Farmers Act, fining Canadian National Railway for failing to move its required minimum amount of grain each week, said The Globe and Mail, which noted that a CN spokesman said the company had not been informed by the government about the fine. Reference Link

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