Why Caterpillar Stock Is Up Today [Yahoo! Finance]
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: Yahoo! Finance
Shares of the heavy equipment manufacturer were up by 3% as of 2 p.m. ET after Canadian National Railway (NYSE: CNI) announced the purchase of its first hybrid mainline locomotive. Charging into a new market Caterpillar is best known for its massive construction and mining machines, but for nearly a decade, it has also owned Progress Rail Services. On Friday, Progress announced the sale of a hybrid diesel/battery electric locomotive to Canadian National. The railroad intends to test the locomotive on its mainline British Columbia track to gauge whether the technology is a suitable replacement for at least a portion of its existing fleet. The industry is seeking to better understand how hybrids will hold up in harsh winter conditions, where batteries typically underperform, and determine their ability to tow heavy loads through mountainous terrain. The purchase is another big win for Progress Rail, following Union Pacific 's purchase of 10 battery-electric locomotives back in 2
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News
- Government of Canada designates Kitimat station as a Heritage Railway Station [Yahoo! Finance]Yahoo! Finance
- CN Announces Election of DirectorsGlobeNewswire
- Canadian National Railway: Valuation Dip Is An Opportunity [Seeking Alpha]Seeking Alpha
- Canadian National Railway Company (TSE:CNR) Just Released Its First-Quarter Earnings: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Canadian National (CNI) Q1 Earnings Beat Estimates, Sales Lag [Yahoo! Finance]Yahoo! Finance
CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/23/24 - Form 6-K
- CNI's page on the SEC website