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Canadian National Railway Company - $CNI STOCK NEWS

Welcome to our dedicated page for Canadian National Railway Company news (Ticker: $CNI), a resource for investors and traders seeking the latest updates and insights on Canadian National Railway Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Canadian National Railway Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Canadian National Railway Company's position in the market.

Rhea-AI Summary

CN (NYSE: CNI) announced a public debt offering of C$1.25 billion, consisting of C$700 million 4.60% Notes due 2029 and C$550 million 5.10% Notes Due 2054. The offering is expected to close on May 2, 2024, and the net proceeds will be used for general corporate purposes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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none
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News
Rhea-AI Summary

CN (TSX: CNR) (NYSE: CNI) announced the election of directors at its Annual Meeting of Shareholders, with all nominees proposed by management being elected. Shauneen Bruder was re-elected as board chair, and detailed voting results are available in the Information Circular.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
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none
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Rhea-AI Summary
CN (CNI) declares a second-quarter 2024 dividend of C$0.8450 per common share, payable on June 28, 2024, to shareholders of record on June 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.05%
Tags
dividends
News
Rhea-AI Summary
CN reported its first-quarter results reflecting a slight decrease in revenues and operating income. Despite this, the company remains confident for 2024 with expected improvements in the economy and growth opportunities. The company reaffirms its 2024 outlook with adjusted diluted EPS growth of approximately 10% and plans to invest in its capital program. CN aims to achieve a return on invested capital within the targeted range of 15%-17% and targets compounded annual diluted EPS growth in the range of 10%-15% over the 2024-2026 period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.05%
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Rhea-AI Summary
CN appoints Remi G. Lalonde as Chief Commercial Officer, succeeding Doug MacDonald. Remi brings diverse experience in supply chains and sustainability to lead CN's commercial team, focusing on accelerating growth. His background in forest products and regulatory matters positions him well for the new role.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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Rhea-AI Summary
CN announces the purchase of its first hybrid diesel-battery electric locomotive to reduce emissions and support the transition to a low carbon economy. The company collaborates with the Province of British Columbia to test the plug-in hybrid mainline locomotive, aiming to increase knowledge on battery technology and alternative propulsion solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
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none
Rhea-AI Summary
CN (CNI) to release first-quarter 2024 financial results on April 23, 2024, with a conference call led by Tracy Robinson, CN's President and CEO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
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conferences earnings
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Rhea-AI Summary
CN (NYSE: CNI) files shelf prospectus for potential debt securities issuance in Canadian and U.S. markets, aiming to raise funds for various corporate purposes.
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End-of-Day
0.22%
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Rhea-AI Summary
CN Releases New Indigenous Relations Policy to Strengthen Reconciliation Efforts
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0.3%
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Rhea-AI Summary
CN Reiterates Commitment to Milton Logistics Hub Amidst Federal Court Review
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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Canadian National Railway Company

NYSE:CNI

CNI Rankings

CNI Stock Data

81.01B
589.50M
1.67%
78.81%
1.09%
Line-Haul Railroads
Transportation and Warehousing
Link
United States of America
Montreal

About CNI

The Canadian National Railway Company is a Canadian Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern and Southern United States.