The Traderszone Network

Published in TZ Latest News 24 January, 2017 by The TZ Newswire Staff

Canadian National Railway Reports Record Net Income, Boosts Dividend

The Canadian economy is highly dependent on natural resources, and when conditions in the commodity turned sour in 2015, shares of Canadian National Railway (NYSE: CNI) took a major hit. However, over the past year, Canadian National has done a good job of bouncing back from the difficulties it suffered and making the most of the tough environment. Coming into Tuesday’s fourth-quarter financial report, CN investors were hoping for signs of further recovery, and Canadian National’s results showed the progress that the railroad has made.

read more