Canadian Pacific girds for potential rail strike next month [BNN Bloomberg (Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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US:NYSE Investor Relations:
cn.ca/en/investors
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Source: BNN Bloomberg
“The way I see it, the positions have not changed a lot,” chief executive Keith Creel told analysts on a conference call Wednesday. “Obviously hope for the best, but you have to make sure you plan for the worst as well.” The potential work stoppage helps account for what Creel called a "responsibly conservative" forecast that predicts only a slight uptick in cargo volumes this year. "If the strike isn't as long as what we might think would be — or if we don't have a strike at all — then sure, we've got some upside," the CEO said. With 6,000 workers at rival Canadian National Railway Co. in talks with their employer as well, there is a possibility of two work stoppages at rail companies this spring, which combined could grind virtually all freight rail traffic in Canada to a halt. In February, CPKC and CN asked the federal labour minister to appoint a conciliator for the bargaining process over a new collective agreement for train conductors, engineers and yard workers. The
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CNI
News
- Canadian National Railway (NYSE: CNI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Canadian Rail Workers Authorize Strike Vote [Yahoo! Finance]Yahoo! Finance
- Mike Henry, the Canadian boss of mining giant BHP, faces a reputational make-or-break takeover attempt [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Here Are My Top 4 TSX Stocks to Buy Right Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- CN, CPKC workers approve strike mandate as possible work stoppage looms [Yahoo! Finance Canada]Yahoo! Finance Canada
CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 5/1/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- CNI's page on the SEC website