CN announces new normal course issuer bid for share repurchase and 18 per cent dividend increase
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Canadian National Railway (CNI) PT Raised to $96 at Credit Suisse
January 30, 2019 8:11 AM ESTCredit Suisse analyst Allison Landry raised the price target on Canadian National Railway (NYSE: CNI) to $96.00 (from $95.00) while maintaining a Outperform rating. As capacity came online in Q4 following a step up in capex, network fluidity improved, margins inflected positively, and volume growth reaccelerated.
Credit... More
Canadian National Railway (CNI) Tops Q4 EPS by 2c
January 29, 2019 4:12 PM ESTCanadian National Railway (NYSE: CNI) reported Q4 EPS of Cdn$1.49, Cdn$0.02 better than the analyst estimate of Cdn$1.47. Revenue for the quarter came in at Cdn$3.81 billion versus the consensus estimate of Cdn$3.81 billion.
2019 outlook and shareholder distribution (4)With CN-specific growth opportunities,... More