October 28, 2015 | CN, Headlines, Quarterly Income
(Source: CN press release, October 27, 2015) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2015. Third-quarter 2015 financial highlights • Net income increased 18 per cent to C$1,007 million, while diluted EPS...
October 26, 2015 | CN, CP, Headlines
(Source: Globe and Mail, October 26, 2015) TORONTO — Derek Ackford, a salesman with Canadian National Railway Co., is seated at a glossy wooden table talking on video about how to take business away from rival Canadian Pacific Railway Ltd. by submitting a bid to move...
October 16, 2015 | CN, Headlines, Oil Train
(Source: Reuters, October 15, 2015) CALGARY, Alberta — Canadian rail companies are slashing rates for shipping crude in their first serious effort to revive an industry rocked by the rout in global oil prices, according to shippers and terminal operators who are...
October 7, 2015 | CN, CP, Headlines
(Source: Globe and Mail, October 6, 2015) TORONTO — Canadian Pacific Railway Ltd.’s lawyer says it was wrong for its employees to have made off with client information while they worked at rival Canadian National Railway Co., but the information is no longer being...
October 1, 2015 | CN, CP, Headlines
(Source: Bloomberg, September 30, 2015) NEW YORK — Canada’s two largest railroads are giving investors a glimpse of what the future may hold by putting second-in-commands in charge while health issues sideline the chief executive officers. Full story:...
September 28, 2015 | CN, CP, Headlines
(Source: Canadian Press, September 25, 2015) MONTREAL — A lawsuit launched by Canadian National Railway alleges a former employee shared confidential client information with rival Canadian Pacific, which then wooed business away in a made-in-Canada corporate espionage...
August 26, 2015 | CN, Headlines
(Source: BNN.ca, August 17, 2015) OTTAWA — Bill Gates has increased his overall investment in Canadian National Railway Co. to 13.83 percent. The world’s richest man and Microsoft founder purchased 1,077,175 shares in Canada’s largest railway between July 31 and Aug....
August 13, 2015 | CN, Headlines
(Source: Bloomberg, August 12, 2015) MONTREAL — Canadian National Railway Co. Chief Executive Officer Claude Mongeau is taking a three-month leave of absence to undergo treatment to remove a tumor. Full story: Bloomberg
August 12, 2015 | CN, Headlines
(Source: Financial Post, August 11, 2015) OTTAWA — Canadian National Railway Co.’s persistently weak third-quarter traffic data, coupled with the strong performance of its share price, prompted a downgrade at Raymond James on Tuesday. Full story: Financial...
August 12, 2015 | CN, Headlines
(Source: Canadian Underwriter, August 11, 2015) OTTAWA — Canada’s highest court recently announced it will not hear an appeal from Canadian National Railway Company, which in 2014 had a 25-year-old lawsuit – arising from a requirement to clean up land...
