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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
CNR (CNI) Recognizes 68 Partners for Sustainability Commitment: CN's EcoConnexions Partnership Program extends to suppliers, celebrating companies dedicated to sustainable practices. The program involves planting 100,000 trees in Canada and the United States. CN emphasizes the pivotal role of suppliers in supporting sustainability goals and aims to deepen relationships across the supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
partnership
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Rhea-AI Summary
CN (CNI) announces new intermodal service with Port of Gulfport, MS, and Ports America, providing new options for refrigerated and dry import and export movements between US Midwest and Canada. The memorandum of understanding aims to improve supply chain productivity and increase market share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
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none
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Rhea-AI Summary
CN (TSX: CNR) (NYSE: CNI) executives will speak at the Scotiabank Transportation and Industrials Conference on November 15, 2023, with a live webcast available on their website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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none
Rhea-AI Summary
Ghislain Houle, CFO, and Derek Taylor, incoming COO of CN, will speak at the Stephens Annual Investment Conference on November 14, 2023. The webcast will be available on CN's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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none
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Rhea-AI Summary
CN has acquired a stake in the Cape Breton & Central Nova Scotia Railway (CBNS), including 145 miles of active track, from Genesee & Wyoming Inc. This partnership aims to strengthen CN's presence in eastern Canada and expand its network for long-term growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
partnership
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Rhea-AI Summary
CN (TSX: CNR) (NYSE: CNI) has announced a public debt offering of US$600 million, consisting of US$300 million 5.850% Notes due 2033 and US$300 million 6.125% Notes due 2053. The offering is expected to close on November 1, 2023. The net proceeds will be used for general corporate purposes, including the redemption and refinancing of outstanding debt, share repurchases, acquisitions, and other business opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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none
News
Rhea-AI Summary
CN (TSX: CNR) (NYSE: CNI) reported its financial and operating results for Q3 2023. Revenues decreased by 12% to C$3,987 million, operating income decreased by 21% to C$1,517 million, and diluted EPS decreased by 21% to C$1.69. Injury frequency rate deteriorated by 6%, accident rate deteriorated by 10%, and fuel efficiency improved by 1%. CN expects flat to slightly negative growth in adjusted diluted EPS for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
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Rhea-AI Summary
CN (CNR) to release Q3 2023 financial results and outlook
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
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conferences earnings
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Rhea-AI Summary
Canadian National Railway Company (CN) has announced a renewed and expanded 5-year transportation agreement with AltaGas. The agreement utilizes CN's exclusive access to the Port of Prince Rupert, providing strategic advantages for rail customers. Tracy Robinson, CN President and CEO, expressed confidence in the ability to accelerate sustainable, profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
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none
Rhea-AI Summary
CN announces new executive appointments and restructuring of operations organization
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.27%
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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.