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CN Cuts Earnings Outlook On Strike Hit
Tuesday, December 3, 2019 - 10:25am | 380Read More...Canadian National (NYSE: CNI) lowered its earnings guidance based on the impact of the recent eight-day rail strike. CN said on Dec. 3 that it expects adjusted earnings per share (EPS) growth in the low-to-mid single range for 2019. In October, the company had projected a high-single-digit growth...
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Canadian National Truckers Ratify New Contract
Thursday, October 3, 2019 - 9:25am | 274Read More...Drivers for Canadian National's (NYSE: CNI) trucking subsidiary, CNTL, ratified a four-year contract that increases rates for wait time and mileage and extends a fuel subsidy. The agreement covers about 1,000 owner-operators under contract to CNTL in Canada, who form a key component of CNI's...
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Barron's Recap: Bad, Bad Wolf
Monday, December 23, 2013 - 6:56am | 792Read More...This weekend in Barron's online: a look at Martin Scorsese's new movie. Also, the prospects for American Tower, Ambac, PVH, A.M. Castle and more. Cover Story "Good Film, Extremely Bad Wolf" by Farran Smith Nehme. This week's cover story in Barron's posits that Martin Scorsese's new movie "The...
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Short Interest in Railroad Stocks on the Rise (CNI, CP, KSU)
Saturday, December 29, 2012 - 2:39pm | 771Read More...By and large, the short interest in railroad stocks rose during the first two weeks of December. The number of shares sold short in Canadian National Railway (NYSE: CNI), Canadian Pacific Railway (NYSE: CP), CSX (NYSE: CSX), Kansas City Southern (NYSE: KSU) and Norfolk Southern (NYSE: NSC)...
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Norfolk Southern Earnings Warning Weighs on Rail Stocks
Thursday, September 20, 2012 - 12:51pm | 529Read More...Wednesday's earnings warning from rail transport company Norfolk Southern (NYSE: NSC) not only has its stock lower on Thursday, but it appears to have dragged down others in the industry as well. Of course, U.S. markets are lower in general Thursday as well. The Norfolk, Virginia-based rail...
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Greenbrier Earnings Preview: Surge in Revenue Expected
Thursday, July 7, 2011 - 10:33am | 518Read More...Greenbrier Companies (NYSE: GBX) will be reporting its third-quarter fiscal 2011 results Friday, July 8, before the opening bell. The Railway Supply Institute recently reported that orders and deliveries of railcars were up, a potential early sign of a revival of the railcar industry. Analysts are...
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Dahlman Rose Provides Color on the Rail Sector
Monday, May 23, 2011 - 7:21am | 340Read More...Dahlman Rose provided color on the rail sector. In a research report published today, Dahlman stressed a number of improvements in the sector. In the report, Dahlman states, "North American Class I rail traffic grew 4% in Week 19, 2011 vs 3.1% and 1.7% increases in the prior two weeks. The 4%...
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Jefferies Initiates CNI At Hold With A $69 PT
Friday, January 7, 2011 - 8:24am | 27Read More...Jefferies is initiating coverage of Canadian National Railway (NYSE: CNI) with a Hold rating and price target of US$69.
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CNI Delivers Strong Results
Wednesday, October 27, 2010 - 8:12am | 134Read More...Dahlman Rose has published a research report on Canadian National Railway Company (NYSE: CNI) following strong results from the company's 3Q. In the report, Dahlman Rose writes "Revenue grew 15% to C$2.12 Bn, largely in line with our estimate and slightly above consensus estimate of $2.10 Bn....
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COT, CP, CNI Downgraded To Hold
Tuesday, October 12, 2010 - 9:25am | 47Read More...Stifel Nicolaus has downgrade the following companies from Buy to Hold: Cott (NYSE: COT) Canadian Pacific (NYSE: CP) Canadian National Rail (NYSE: CNI)
