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Canadian National Railway Co. - CNI STOCK NEWS

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

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 Co.'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 Co.'s position in the market.

Rhea-AI Summary
CN (CNI) has been recognized as a top sustainability performer in the transportation industry by the 2024 S&P Global Yearbook and CDP. The company's commitment to environmental stewardship and governance has earned it accolades for its sustainability efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
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none
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Rhea-AI Summary
Canadian National Railway (CNI) executives to address Citi 2024 Global Industrials Conference and Barclay’s 2024 Industrial Select Conference on February 20 and 21 respectively. Live webcast available on www.cn.ca/investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
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none
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Rhea-AI Summary
CN (CNI) has filed its 2023 Annual Financial Statements, Notes, and Management’s Discussion and Analysis with Canadian and U.S. securities regulators. The documents are now available on the company's website and printed copies will be provided to shareholders upon request.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.32%
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none
Rhea-AI Summary
CN (CNI) has announced a 7% increase in the 2024 dividend on its common shares outstanding and the repurchase of up to 32 million common shares under a new normal course issuer bid. The company has continued to deliver good financial results and free cash flow, supporting the uninterrupted growth in dividends since privatization. The new share repurchase program is consistent with the company's plan to gradually increase leverage over time, subject to economic conditions. The Board of Directors also approved a first-quarter 2024 dividend of C$0.8450 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
Tags
buyback dividends
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Rhea-AI Summary
CN (CNI) reported its financial and operating results for Q4 and full-year 2023, showing a 57% increase in diluted EPS for Q4 and a 15% increase for the full year. Operating ratio increased by 1.4% for Q4 and 0.8% for the full year. The company expects to deliver 10% EPS growth in 2024 and plans to invest approximately C$3.5 billion in its capital program. CN also approved a 7% increase in its 2024 quarterly cash dividend and a new share repurchase program. However, the company reported a 2% decrease in revenues for Q4 and a 2% decrease for the full year, as well as a 9% decrease in free cash flow for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
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none
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Rhea-AI Summary
CN (CNI) will release its Q4 and full-year 2023 financial and operating results, followed by a conference call led by Tracy Robinson, CN's President and CEO. The call will discuss the railway's outlook and will be available for webcast replay on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
conferences earnings
Rhea-AI Summary
CN (CNI) subsidiary CNTL has reached a tentative four-year agreement with Unifor-affiliated owner-operators covering approximately 750 contracts in Canada. The deal aims to support business needs and ensure the continuation of critical first and last mile services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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Rhea-AI Summary
CN (CNR) (CNI) appoints Remi G. Lalonde as Executive Vice-President and Special Advisor to the CEO, who will transition to the role of Chief Commercial Officer (CCO) in 2024. As a former CEO, CFO, and SVP at a prominent forest products company, Remi brings a successful track record of cross-functional experience and first-hand knowledge of supply chains to drive CN’s 2024-2026 growth agenda.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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none
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Rhea-AI Summary
CN (CNR) (CNI) will release its Q4 and full-year 2023 financial and operating results on January 23, 2024. The company's senior officers will discuss the results and outlook in a conference call led by CN President and CEO Tracy Robinson.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
conferences earnings
Rhea-AI Summary
CN (CNR) (CNI) Earns Spot on Dow Jones Sustainability Indices for 12th and 15th Consecutive Year
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
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none
Canadian National Railway Co.

NYSE:CNI

CNI Rankings

CNI Stock Data

82.77B
589.50M
1.67%
78.81%
1.09%
Line-Haul Railroads
Transportation and Warehousing
Link
Canada
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.