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Canadian National Railway Co (CNR.TO)

CNR.TO on Toronto Stock Exchange

103.56CAD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

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

Cn Reports Q2 2018 Financial Results
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Canadian National Railway Co ::CN REPORTS Q2-2018 FINANCIAL RESULTS.Q2 ADJUSTED EARNINGS PER SHARE C$1.51.Q2 EARNINGS PER SHARE C$1.77.Q2 REVENUE ROSE 9 PERCENT TO C$3.631 BILLION.UPDATED 2018 FINANCIAL OUTLOOK.ALSO INCREASED ITS 2018 CAPITAL PROGRAM BY C$100 MILLION TO C$3.5 BILLION.NOW AIMS TO DELIVER 2018 ADJUSTED DILUTED EPS IN RANGE OF C$5.30 TO C$5.45.CANADIAN NATIONAL RAILWAY - ON CONSTANT CURRENCY BASIS, NET INCOME FOR Q2 WOULD HAVE BEEN HIGHER BY C$0.04/SHARE.ASSUMING THAT NORTH AMERICAN INDUSTRIAL PRODUCTION FOR YEAR 2018 WILL INCREASE IN RANGE OF TWO TO THREE PER CENT.FOR 2018, ASSUMES U.S. HOUSING STARTS OF ABOUT 1.25 MILLION UNITS AND U.S. MOTOR VEHICLE SALES OF ABOUT 17 MILLION UNITS.FY2018 EARNINGS PER SHARE VIEW C$5.27 -- THOMSON REUTERS I/B/E/S.  Full Article

CN Rail Appoints Jean-Jacques Ruest As CEO
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Canadian National Railway Co ::CN BOARD APPOINTS JEAN-JACQUES RUEST PRESIDENT AND CEO.CO - JEAN-JACQUES RUEST APPOINTED AS PRESIDENT AND CEO OF CN EFFECTIVE IMMEDIATELY.RUEST WAS APPOINTED INTERIM CEO ON MARCH 5, 2018, IN ADDITION TO RETAINING HIS POSITION AS CHIEF MARKETING OFFICER.  Full Article

CN To Invest About $315 Million In Ontario's Rail Infrastructure In 2018
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Canadian National Railway Co ::CN INVESTING APPROXIMATELY $315 MILLION TO EXPAND AND STRENGTHEN ONTARIO’S RAIL INFRASTRUCTURE IN 2018.CANADIAN NATIONAL RAILWAY CO - ONTARIO INVESTMENTS ARE PART OF CN'S $3.4 BILLION CAPITAL PROGRAM FOR 2018.  Full Article

Canada Labor Minister urges parties in CP Rail contract dispute to continue negotiating
Friday, 25 May 2018 

May 25 (Reuters) - Canadian Pacific Railway Ltd ::CANADA LABOR MINISTER URGES PARTIES IN CP RAIL CONTRACT DISPUTE TO CONTINUE NEGOTIATING, SAYS WILL CONTINUE TO MONITOR THE SITUATION CLOSELY.CANADA LABOR MINISTER SAYS FEDERAL MEDIATORS WILL CONTINUE TO WORK WITH THE PARTIES INVOLVED IN TALKS.  Full Article

UPDATE 2-Cenovus cuts 2019 capex by 4 pct, raises production forecast

Dec 11 Canada's Cenovus Energy Inc said on Tuesday it would cut its capital spending for 2019 by 4 percent amid a broader turnaround plan, but raised its oil sands production forecast.