Record Revenues = Job Cuts at CN Rail [Canadian Business Journal (Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Canadian Business Journal
Record Revenues = Job Cuts at CN Rail CBJ — Despite posting its best quarterly revenue numbers in history, Canadian National Railway followed that up by laying off some non-unionized workers. The surprising layoffs come less than three weeks after near century-old the company revealed its strong third-quarter numbers. No reason was given for the firings. No locomotive crews or front-line employees were affected. Teamsters Canada union confirmed it had not been informed of any layoffs for its members. The Montreal-based railway earned a net income of $1.13 billion in the quarter ended Sept. 30, representing an 18% year-over-year increase. @CanBizJournal Recommended
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- Canadian National Railway (NYSE: CNI) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $140.00 price target on the stock.MarketBeat
- Canadian National Railway (NYSE: CNI) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- 4/5/24 - Form EFFECT
- CNI's page on the SEC website