Edition:
United Kingdom

Canadian National Railway Co (CNR.TO)

CNR.TO on Toronto Stock Exchange

113.11CAD
8:01pm GMT
Change (% chg)

$1.06 (+0.95%)
Prev Close
$112.05
Open
$112.40
Day's High
$113.42
Day's Low
$112.23
Volume
616,523
Avg. Vol
1,347,760
52-wk High
$118.62
52-wk Low
$90.84

Latest Key Developments (Source: Significant Developments)

Canadian National Railway Says Negotiations Ongoing With Alberta Government To Start Shipping Crude By Rail By End Of 2019 / Early 2020
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Canadian National Railway Co ::CANADIAN NATIONAL RAILWAY - NEGOTIATIONS ONGOING WITH ALBERTA GOVERNMENT TO START SHIPPING CRUDE BY RAIL BY END OF 2019 / EARLY 2020.CANADIAN NATIONAL RAILWAY - CRUDE OIL VOLUMES IN Q1 2019 IMPACTED BY MANDATED TEMPORARY PRODUCTION CURTAILMENTS.CANADIAN NATIONAL RAILWAY - "OVERALL ALBERTA CRUDE EXPORTS REMAIN STRONG".CANADIAN NATIONAL RAILWAY - IN COAL, ESTIMATED INCREMENTAL REVENUE GROWTH OF ABOUT $350 MILLION FOR 2019-2021.  Full Article

CN Announces New Normal Course Issuer Bid For Share Repurchase And 18 Pct Dividend Increase
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Canadian National Railway Co ::CN ANNOUNCES NEW NORMAL COURSE ISSUER BID FOR SHARE REPURCHASE AND 18 PER CENT DIVIDEND INCREASE.CANADIAN NATIONAL RAILWAY CO - BID PERMITS CN TO PURCHASE, FOR CANCELLATION, OVER A 12-MONTH PERIOD UP TO 22 MILLION COMMON SHARES.CANADIAN NATIONAL RAILWAY CO - QUARTERLY DIVIDEND OF FIFTY-THREE AND THREE-FOURTHS CENTS (C$0.5375) PER COMMON SHARE WILL BE PAID ON MARCH 29, 2019.CANADIAN NATIONAL RAILWAY CO - BID STARTING ON FEB. 1, 2019, AND ENDING NO LATER THAN JAN. 31, 2020.  Full Article

CN QTRLY Adjusted Diluted EPS Of C$1.49
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Canadian National Railway Co ::CN BUILDING STRONG MOMENTUM INTO 2019.QTRLY REVENUES OF C$3,808 MILLION, AN INCREASE OF 16 PER CENT.QTRLY DILUTED EPS OF C$1.56.QTRLY ADJUSTED DILUTED EPS OF C$1.49.EXPECTS TO DELIVER EPS GROWTH IN LOW DOUBLE-DIGIT RANGE THIS YEAR COMPARED TO ADJUSTED DILUTED EPS OF C$5.50 IN 2018.BOARD OF DIRECTORS TODAY APPROVED AN 18 PER CENT INCREASE TO CN'S 2019 QUARTERLY CASH DIVIDEND.CARLOADINGS FOR QUARTER INCREASED BY FIVE PER CENT TO 1,537 THOUSAND.OPERATING EXPENSES FOR QUARTER INCREASED BY 14 PER CENT TO C$2,356 MILLION.EXPECT HIGH SINGLE-DIGIT VOLUME GROWTH IN 2019 IN TERMS OF REVENUE TON MILES.QTRLY RTMS, MEASURING WEIGHT AND DISTANCE OF RAIL FREIGHT TRANSPORTED BY CN, INCREASED BY 12 PER CENT.EXPECTS TO DELIVER EPS GROWTH IN LOW DOUBLE-DIGIT RANGE THIS YEAR COMPARED TO ADJUSTED DILUTED EPS OF C$5.50 IN 2018.IN 2019, CN PLANS TO INVEST APPROXIMATELY C$3.9 BILLION IN ITS CAPITAL PROGRAM.QTRLY RAIL FREIGHT REVENUE PER RTM INCREASED BY FOUR PER CENT.CANADIAN NATIONAL- ALSO APPROVED A NEW NORMAL COURSE ISSUER BID THAT PERMITS CN TO PURCHASE, FOR CANCELLATION, OVER A YEAR UP TO 22 MILLION COMMON SHARES.Q4 EARNINGS PER SHARE VIEW C$1.47, REVENUE VIEW C$3.81 BILLION -- REFINITIV IBES DATA.INVESTMENT OF C$1.6 BILLION IN 2019 TARGETED TOWARD TRACK AND RAILWAY INFRASTRUCTURE MAINTENANCE.QTRLY ADJUSTED OPERATING RATIO OF 61.2 PER CENT.FY2019 EARNINGS PER SHARE VIEW C$6.29 -- REFINITIV IBES DATA.  Full Article

United Steelworkers And CN Rail Reach Tentative Agreement
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Canadian National Railway Co ::UNITED STEELWORKERS AND CN REACH TENTATIVE AGREEMENT.CANADIAN NATIONAL RAILWAY CO - NO DETAILS OF TENTATIVE AGREEMENT WILL BE RELEASED PUBLICLY UNTIL AGREEMENT IS RATIFIED.CANADIAN NATIONAL RAILWAY CO - COLLECTIVE AGREEMENT EXPIRES AT END OF MONTH.CANADIAN NATIONAL RAILWAY CO - NO DETAILS OF TENTATIVE AGREEMENT WILL BE RELEASED PUBLICLY UNTIL AGREEMENT IS RATIFIED.CANADIAN NATIONAL RAILWAY CO - NEW TENTATIVE COLLECTIVE AGREEMENT HAS BEEN REACHED BETWEEN USW LOCAL 2004 AND CN.  Full Article

CN And Unifor Reach Tentative Agreement
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Canadian National Railway Co ::CN AND UNIFOR REACH TENTATIVE AGREEMENT.CANADIAN NATIONAL RAILWAY CO - NO DETAILS OF TENTATIVE AGREEMENT WILL BE RELEASED PUBLICLY.CANADIAN NATIONAL RAILWAY - UNIFOR REPRESENTS ABOUT 2,100 LOCOMOTIVE, FREIGHT-CAR MECHANICS, ELECTRICIANS AND APPRENTICES WHO WORK AT CO ACROSS CANADA.  Full Article

Duos Technologies Group Awarded A New Contract From CN
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Canadian National Railway Co ::DUOS TECHNOLOGIES GROUP INC - AWARDED A NEW CONTRACT FROM CN, WHICH FOLLOWS ORIGINAL MULTI-MILLION-DOLLAR CONTRACT ANNOUNCED IN MAY 2018.  Full Article

Alberta premier says rail car deal could be announced by year end
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Government of Alberta::ALBERTA GOV'T SAYS PETROLEUM MARKETING ARM HAS ENGAGED THIRD PARTY TO NEGOTIATE CRUDE BY RAIL TERMS WITH INDUSTRY, ENTER VARIOUS COMMERCIAL ARRANGEMENTS.ALBERTA GOV'T SAYS DEALS TO INCLUDE SERVICE FROM RAILWAYS, RAIL TANK CARS FROM SUPPLIERS, ON-LOADING AND OFF-LOADING CAPACITY.ALBERTA GOV'T SAYS MINIMUM 3-YEAR CONTRACT COULD INCLUDE LEASE OF NEW CARS, WITH FIRST CARS MOVING OIL BY DEC 2019.ALBERTA GOV'T SAYS EXPECTS 15,000 BARRELS PER DAY OF CRUDE BY RAIL BY DEC 2019, RAMP UP TO 120,000 BPD BY AUG 2020.ALBERTA GOV'T SAYS EXPECTS POSITIVE IMPACT ON CANADA LIGHT-HEAVY DIFFERENTIAL OF UP TO $4 OVER 3-YEAR TERM.GOV'T EXPECTS TERMS TO BE SETTLED IN 'NEXT FEW WEEKS'.ALBERTA NOT CONSIDERING 'ROYALTY HOLIDAY' FOR OIL PRODUCERS, EYEING TOOLS INCLUDING HOW ROYALTIES ARE APPLIED -CHIEF SPOKESWOMAN FOR ALBERTA PREMIER.ALBERTA PREMIER SAYS RAIL CAR DEAL COULD BE ANNOUNCED BEFORE YEAR END.  Full Article

Cn Announces Us$650-Million Debt Offering
Wednesday, 31 Oct 2018 

Canadian National Railway Co ::CN ANNOUNCES US$650-MILLION DEBT OFFERING.CANADIAN NATIONAL RAILWAY CO - ANNOUNCED A PUBLIC DEBT OFFERING OF US$650 MILLION 4.450% NOTES DUE 2049.  Full Article

Canadian National Railway Announces New Normal Course Issuer Bid
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Canadian National Railway Co ::CN ANNOUNCES NEW NORMAL COURSE ISSUER BID FOR SHARE REPURCHASE, DECLARES FOURTH-QUARTER 2018 DIVIDEND.CANADIAN NATIONAL RAILWAY CO - BID PERMITS CN TO PURCHASE, FOR CANCELLATION, OVER A 3-MONTH PERIOD UP TO 5.5 MILLION COMMON SHARES.CANADIAN NATIONAL RAILWAY CO - BID STARTING ON OCT. 30, 2018, AND ENDING NO LATER THAN JAN. 31, 2019.CANADIAN NATIONAL RAILWAY CO - QUARTERLY DIVIDEND OF FORTY-FIVE AND A HALF CENTS PER COMMON SHARE WILL BE PAID ON DEC. 28, 2018.  Full Article

Canadian National Railway Announces C$800 Mln Debt Offering
Friday, 27 Jul 2018 

July 26 (Reuters) - Canadian National Railway Co ::CN ANNOUNCES C$800-MILLION DEBT OFFERING.OFFERING COMPRISED OF C$350 MILLION 3.20% NOTES DUE 2028, AND C$450 MILLION 3.60% NOTES DUE 2048.  Full Article

UPDATE 2-Canadian province of Alberta leases 4,400 rail cars to clear oil glut

WINNIPEG, Manitoba, Feb 19 Canada's oil-producing province of Alberta has leased 4,400 rail cars in a multibillion-dollar move to clear a glut of crude that depressed prices, Premier Rachel Notley said on Tuesday.