Canadian National’s (CNI) dedication to rewarding shareholders through dividends and buybacks showcases its financial robustness. Despite benefiting from solid pricing, low costs and strong liquidity, the company faces challenges, such as supply-chain disruptions, network fluidity issues and a weak intermodal scenario, impacting its performance.Factors Favoring CNICNI impressively increased its quarterly dividend by 7% in January. This is the 28th consecutive year when the company announced a dividend hike. ...

MONTREAL, March 04, 2024 (GLOBE NEWSWIRE) -- (TSX:CNR) (NYSE:CNI) While still reviewing a Federal court's decision related to the Milton Logistics Hub, CN is reiterating its commitment to the Milton Logistics Hub. The Project is a critical piece of infrastructure in Canada's busiest and fastest growing region, where new capacity is needed to meet the growing demand for goods. The Milton Logistics Hub will not only benefit Ontario, but further strengthen the Canadian economy and its strategic advantages. Aut ...

rlesyk Introduction All financial data are reported in Canadian dollars unless otherwise stated. Canadian National Railway (NYSE:CNI) has been my top pick among Class 1 railroads and, as such, it makes up around 7% of my portfolio. Major macroeconomic trends make me consider the whole industry as one poised to keep on growing. The need for environmentally friendly freight transportation, manufacturing nearshoring, and big spending on infrastructure are just three tailwinds we should be well aware of. In thi ...

MONTREAL, March 01, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that a new tentative three-year collective agreement has been reached with the United Steelworkers (USW) Local 2004. USW represents approximately 2,500 track and bridge employees at CN, primarily responsible for track maintenance across Canada. No details of the tentative agreement will be released publicly until the agreement is ratified. The current collective agreement expired on December 31st, 2023. For more information ...

Most investors are no doubt familiar with Bill Gates, billionaire philanthropist and co-founder of Microsoft (MSFT 0.06%). After helming the technology company for a quarter of a century, the chief executive stepped down to spend more time on his charitable endeavors. Since then, Gates has grown his wealth and is now worth an estimated $127.7 billion, according to Forbes, making him the seventh-richest person in the world.Gates' charitable efforts are mostly focused on the Bill & Melinda Gates Foundation Tr ...

It has been about a month since the last earnings report for Canadian National (CNI) . Shares have added about 4.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is CN due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at Canadian National in Q4Canadian ...

MONTREAL, Feb. 12, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) is pleased to be recognized by the 2024 S&P Global Yearbook as one of the top sustainability performers in the transportation industry. CN was also recognized for its leadership on climate change by global environmental non-profit CDP. CN's achievements reflect the Company's steadfast dedication to environmental stewardship, social responsibility and good governance underpinned by consistent and comprehensive reporting. "Our commitment to D ...

MONTREAL, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Derek Taylor, Executive Vice-President, and Chief Field Operations Officer (TSX: CNR) (NYSE: CNI), will address: The Citi 2024 Global Industrials Conference on February 20 starting at 8:00 a.m. Eastern Time (ET)The Barclay’s 2024 Industrial Select Conference on February 21 starting at 8:35 a.m. Eastern Time (ET) CN will provide a live webcast via the Investors section of its website at www.cn ...

MONTREAL, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Derek Taylor, Executive Vice-President, and Chief Field Operations Officer (TSX:CNR) (NYSE:CNI), will address: The Citi 2024 Global Industrials Conference on February 20 starting at 8:00 a.m. Eastern Time (ET)The Barclay's 2024 Industrial Select Conference on February 21 starting at 8:35 a.m. Eastern Time (ET) CN will provide a live webcast via the Investors section of its website at www.cn.c ...

MONTREAL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) is pleased to announce it has achieved Mansfield Certification, a designation awarded by Diversity Lab that measures the structural changes and actions CN has taken to ensure the hiring and promotion processes and paths to leadership within our legal department are open and transparent to all qualified lawyers and other legal professionals. The Mansfield Rule Law Department Edition is a certification process designed to ensure all participa ...