KIRKLAND, Wash., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Cascade Investment, L.L.C. ("Cascade") announced today that it has disposed of 5,994,691 common shares ("Common Shares") of Canadian National Railway Company ("CN") by transferring ownership and control of the Common Shares in a private transaction for no consideration. Following the disposition, Cascade owns 3,539,451 Common Shares, representing approximately 0.56% of the issued and outstanding Common Shares. Immediately prior to the disposition, Cascade o ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial . Learning from the best in the business is the best way to success. This applies to many areas. Analyst's Disclosure: I/we have a beneficial long position in the shares of GE, DHR, UNP either through stock ownership, options, or other derivatives. I wrote this article myself, an ...

MONTREAL, Sept. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has launched its annual See Tracks? Think Train® Week campaign to raise awareness about the vital importance of rail safety. The Company joins communities across North America to raise awareness of the danger of dangerous behaviors around railway tracks and property. From September 23-29, CN Police Services, along with many other CN employees, will actively share important rail safety messages in communities across CN's network to help p ...

Canadian National Railway Company (CNI) adjusted the outlook for the current year following labor disruptions that threatened to cripple the economy of Canada. The railroad operator has, however, resumed normal operations following the crisis. All essential parameters, including car velocity, train speed and dwell, have recovered following the labor stoppage. Apart from labor woes, Alberta wildfires and weaker-thanexpected demand for forest products and metals compelled CNI's management to adjust its 2024 o ...

MONTREAL, Sept. 10, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its operations have recovered following several months of labor uncertainty as well as a complete shutdown of its Canadian network, and that it is adjusting its 2024 guidance and long-term financial outlook. CN remains focused on the disciplined execution of its scheduled operating plan, growing volumes more than the economy as its company specific growth opportunities come online, pricing above rail inflation, and i ...

Prospects of Zacks Transportation - Rail industry's participants are being weighed down by challenges like inflation-induced elevated interest rates, concerns pertaining to supply-chain disruptions and the slowdown of economic growth. Most industry players are looking to drive their bottom line amid the headwinds through cost reduction. Image Source: Zacks Investment Research Partly due to these headwinds, the industry, despite gaining 13.8% over the past year, has underperformed the S&P 500 Index's 19.9% a ...

Canadian National's (CNI) top line is bolstered by its strong segmental performance. The company's efforts to expand and upgrade its fleet are praiseworthy. However, rising operating expenses and weak liquidity are hurting the company's bottom line. Factors Favoring CNI Canadian National's top line is benefiting from robust segmental performance. The increase in volumes across its segments, such as intermodal, grain, fertilizer, petroleum and chemicals, highlights CNI's effective network management and abil ...

madsci Why I am invested in Canadian National Canadian National Railway (NYSE:CNI) remains my favorite stock among Class 1 railroads. Its three-coastal network and its balanced exposure to several commodities are not always correlated. This, coupled with a conservative balance sheet and a management team that is careful not to increase leverage excessively, have made it stand out as the most convincing stock in the industry in the past two years. CNI 2024 Investor Presentation Let me give you an example. Wh ...

yorkfoto Introduction I have to be honest. One of the hardest parts of my job is putting myself in other people's shoes. When I make financial decisions, I obviously make them based on my personal situation. As I'm 29, my goals are very different from someone who's retired, close to retirement, or a freshman in college. To make matters more complicated, age is just one of many variables. Some people have high-paying jobs and no mortgage. Others have to work additional jobs to have excess capital to invest. ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...