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Canadian National Railway Co (CNR.TO)

CNR.TO on Toronto Stock Exchange

116.61CAD
20 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Canadian National Railway Announces C$800 Mln Debt Offering
Friday, 27 Jul 2018 

July 26 (Reuters) - Canadian National Railway Co ::CN ANNOUNCES C$800-MILLION DEBT OFFERING.OFFERING COMPRISED OF C$350 MILLION 3.20% NOTES DUE 2028, AND C$450 MILLION 3.60% NOTES DUE 2048.  Full Article

Cn Reports Q2 2018 Financial Results
Wednesday, 25 Jul 2018 

July 24 (Reuters) - Canadian National Railway Co ::CN REPORTS Q2-2018 FINANCIAL RESULTS.Q2 ADJUSTED EARNINGS PER SHARE C$1.51.Q2 EARNINGS PER SHARE C$1.77.Q2 REVENUE ROSE 9 PERCENT TO C$3.631 BILLION.UPDATED 2018 FINANCIAL OUTLOOK.ALSO INCREASED ITS 2018 CAPITAL PROGRAM BY C$100 MILLION TO C$3.5 BILLION.NOW AIMS TO DELIVER 2018 ADJUSTED DILUTED EPS IN RANGE OF C$5.30 TO C$5.45.CANADIAN NATIONAL RAILWAY - ON CONSTANT CURRENCY BASIS, NET INCOME FOR Q2 WOULD HAVE BEEN HIGHER BY C$0.04/SHARE.ASSUMING THAT NORTH AMERICAN INDUSTRIAL PRODUCTION FOR YEAR 2018 WILL INCREASE IN RANGE OF TWO TO THREE PER CENT.FOR 2018, ASSUMES U.S. HOUSING STARTS OF ABOUT 1.25 MILLION UNITS AND U.S. MOTOR VEHICLE SALES OF ABOUT 17 MILLION UNITS.FY2018 EARNINGS PER SHARE VIEW C$5.27 -- THOMSON REUTERS I/B/E/S.  Full Article

CN Rail Appoints Jean-Jacques Ruest As CEO
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Canadian National Railway Co ::CN BOARD APPOINTS JEAN-JACQUES RUEST PRESIDENT AND CEO.CO - JEAN-JACQUES RUEST APPOINTED AS PRESIDENT AND CEO OF CN EFFECTIVE IMMEDIATELY.RUEST WAS APPOINTED INTERIM CEO ON MARCH 5, 2018, IN ADDITION TO RETAINING HIS POSITION AS CHIEF MARKETING OFFICER.  Full Article

CN To Invest About $315 Million In Ontario's Rail Infrastructure In 2018
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Canadian National Railway Co ::CN INVESTING APPROXIMATELY $315 MILLION TO EXPAND AND STRENGTHEN ONTARIO’S RAIL INFRASTRUCTURE IN 2018.CANADIAN NATIONAL RAILWAY CO - ONTARIO INVESTMENTS ARE PART OF CN'S $3.4 BILLION CAPITAL PROGRAM FOR 2018.  Full Article

Canada Labor Minister urges parties in CP Rail contract dispute to continue negotiating
Friday, 25 May 2018 

May 25 (Reuters) - Canadian Pacific Railway Ltd ::CANADA LABOR MINISTER URGES PARTIES IN CP RAIL CONTRACT DISPUTE TO CONTINUE NEGOTIATING, SAYS WILL CONTINUE TO MONITOR THE SITUATION CLOSELY.CANADA LABOR MINISTER SAYS FEDERAL MEDIATORS WILL CONTINUE TO WORK WITH THE PARTIES INVOLVED IN TALKS.  Full Article

Nutrien expects to announce sales of SQM, Arab Potash stakes in second quarter
Tuesday, 8 May 2018 

May 8 (Reuters) - Nutrien Ltd executives, speaking on a quarterly conference call::NUTRIEN CEO SAYS SALE PROCESS OF EQUITY STAKES IN SQM, ARAB POTASH COMPANY EXPECTED TO CONCLUDE THIS YEAR.NUTRIEN CFO SAYS EXPECTS TO ANNOUNCE SALES OF SQM, ARAB POTASH STAKES BY END OF SECOND QUARTER.NUTRIEN NEEDS TO KEEP ALL 4 RED POTASH MINES OPEN 'RIGHT NOW' - EXECUTIVE VICE-PRESIDENT.NUTRIEN RUNNING BEHIND ON POTASH EXPORT SHIPMENTS DUE TO CANADA RAILWAY PROBLEMS, BUT SEEING RAIL IMPROVEMENTS - EXECUTIVE VP, POTASH.  Full Article

CN Railway declares quarterly dividend of c$0.4550/shr
Tuesday, 24 Apr 2018 

April 23 (Reuters) - Canadian National Railway Co ::CN DECLARES SECOND-QUARTER 2018 DIVIDEND.QUARTERLY DIVIDEND OF C$0.4550 PER COMMON SHARE WILL BE PAID ON JUNE 29, 2018.  Full Article

Canadian National Railway To Acquire 350 Boxcars
Thursday, 19 Apr 2018 

April 18 (Reuters) - Canadian National Railway Co ::CN TO ACQUIRE 350 BOXCARS TO MEET GROWING DEMAND IN FOREST PRODUCTS, METALS BUSINESS.  Full Article

Canadian National, Police Union In Canada Reach Tentative Agreement On New Labour Contract
Tuesday, 16 Jan 2018 

Jan 15 (Reuters) - Canadian National Railway Co ::CN, POLICE UNION IN CANADA REACH TENTATIVE AGREEMENT ON NEW LABOUR CONTRACT.CANADIAN NATIONAL RAILWAY - CO, ‍ CANADIAN NATIONAL RAILWAY POLICE ASSOCIATION ANNOUNCED PARTIES HAVE REACHED TENTATIVE AGREEMENT FOR NEW CONTRACT​.  Full Article

CN To Purchase 200 New Locomotives From GE Transportation Over The Next Three Years
Friday, 22 Dec 2017 

Dec 22 (Reuters) - General Electric Co ::CN TO PURCHASE 200 NEW LOCOMOTIVES FROM GE TRANSPORTATION OVER THE NEXT THREE YEARS.CANADIAN NATIONAL RAILWAY SAYS LOCOMOTIVES WILL BE PRODUCED AT GE MANUFACTURING SOLUTIONS FACILITY IN FORT WORTH, TEXAS, BEGINNING IN 2018.CANADIAN NATIONAL RAILWAY CO - ‍FIRST UNITS ARE EXPECTED TO BE DELIVERED IN 2018 WITH BALANCE DELIVERED IN 2019 AND 2020​.  Full Article

UPDATE 3-CN Rail tops profit estimates on higher freight volumes

July 24 Canadian National Railway Co on Tuesday reported a better-than-expected quarterly profit and raised its forecast for full-year adjusted earnings as the railroad moved higher volumes of commodities including grains and fertilizers at better pricing.