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Latest CN Stories

2013-10-25 08:20:34

OTTAWA, Oct. 25, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) today announced it will extend its CN EcoConnexions From the Ground Up program for another three years owing to a strong response from many Canadian communities to the program's inaugural 2012-13 launch. CN will provide grants of as much as $25,000 apiece in matching funds to more than 100 Canadian communities in 2014-16 to help green public properties. Since CN initiated the program in 2012, community support of the...

2013-10-22 16:21:19

MONTREAL, Oct. 22, 2013 /PRNewswire/ -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a new share repurchase program, and a two-for-one stock split of the Company's common shares outstanding. The Board has also approved a fourth-quarter 2013 cash dividend. The new share repurchase program will be a normal-course-issuer bid to purchase, for cancellation, up to 15 million common shares before adjusting for the stock split, representing...

2013-10-22 16:20:55

Adjusted Q3-2013 net income was C$724 million, with adjusted diluted EPS rising 13 per cent to C$1.72 ((1)) Railway achieved record quarterly revenues and a 59.8 per cent operating ratio MONTREAL, Oct. 22, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the third quarter and nine-month period ended Sept. 30, 2013. Third-quarter 2013 highlights -- Third-quarter 2013 net income was C$705 million, or C$1.67 per...

2013-10-22 12:20:41

MONTREAL, Oct. 22, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today that members of the Canadian National Railways Police Association (CNRPA) have ratified a new collective agreement with the company. The four-year agreement, effective Jan. 1, 2014 through Dec. 31, 2017, provides wage increases and improved benefits to 74 active CN Police officers across Canada. Sean Finn, CN executive vice-president - corporate services and chief legal officer, said: "We are...

2013-10-21 12:20:37

MONTREAL, Oct. 21, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) will issue its third-quarter 2013 financial and operating results tomorrow, Oct. 22, 2013, at 4.01 p.m. Eastern Daylight Time (EDT). CN's senior officers will review the results and the railway's outlook in a conference call/webcast at 4.30 p.m. EDT tomorrow. Parties in North America who are interested in participating in, or listening to, the third-quarter 2013 presentation and question-and-answer period by...

2013-10-07 12:20:37

Mongeau says solid supply chain collaboration and information sharing will be key to reaching world markets efficiently EDMONTON, Oct. 7, 2013 /PRNewswire/ - Claude Mongeau, president and chief executive officer of CN (TSX: CNR) (NYSE: CNI), said today current forecasts call for Western Canada crop production of more than 60 million tonnes - one of the largest harvests in history - and stressed that supply chain collaboration and information sharing will be essential to moving...

2013-10-02 12:21:39

MONTREAL, Oct. 2, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) has earned a position of leadership for the quality of climate change data it has submitted to the global marketplace through CDP, the world's only global environmental disclosure system. The achievement was announced in the CDP Canada 200 Climate Change Report 2013, which tracks how Canada's largest listed companies are acting in response to a changing climate. At the suggestion of 722 investors representing...

2013-10-01 08:21:40

TORONTO, Oct. 1, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) said today the commuter rail infrastructure projects it undertook for GO Transit in the Greater Toronto Area (GTA) were rigorously reviewed and that it rejects unfounded allegations that it defrauded the agency. Sean Finn, CN executive vice-president, corporate services, and chief legal officer, said: "CN is deeply concerned with allegations of financial improprieties in connection with its work on behalf of GO...

2013-09-27 00:20:10

VANCOUVER, Sept. 26, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today plans to start freight service on approximately 75 per cent of the rail network operated by bankrupt short-line Kelowna Pacific Railway Ltd. (KPR) in southern British Columbia after reaching trustee, customer and labour agreements that support resumption of operations. KPR, which leased its network from CN in 1999, entered receivership on July 5, 2013, and halted operations. CN this week reached...

2013-09-26 12:20:29

MONTREAL, Sept. 26, 2013 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) will issue its third-quarter 2013 financial and operating results on Oct. 22, 2013, at 4.01 p.m. Eastern Daylight Time (EDT). CN's senior officers will review the results and the railway's outlook in a conference call/webcast at 4.30 p.m. EDT on Oct. 22. Parties interested in participating in, or listening to, the third-quarter 2013 presentation and question-and-answer period by telephone should dial...