Danica buys CNI 56.76: The operating ratio for the second quarter came in at 56.4%, down from 59.6% in 2014. A lower number is better because it indicates the amount of revenue the company is using to run the business.

Cost control is also a big factor in the strong results. The company delivered Q2 2015 net income of $1.10 per share, up from $1.03 for the same period last year. CN is also seeing strong demand from the auto sector. For example, the Canadian dollar has weakened significantly as a result of the drop in oil prices, and that is helping improve forestry shipments. This means the company gets revenue from a wide range of business segments, and that provides a nice revenue hedge when one group is going through a tough time.


Libbie:
Canadian National Railway has a market cap of $45.1 billion and is part of the services sector and transportation industry.

Cherish:
The average volume for Canadian National Railway has been 1.5 million shares per day over the past 30 days.

Toni:
The stock currently has a dividend yield of 1.7%. CNI has a PE ratio of 18. Currently there are 6 analysts that rate Canadian National Railway a buy, no analysts rate it a sell, and 7 rate it a hold.

Marceline:
CNI is trading at 2.28 times the normal volume for the stock at this time of day.

Beverley:
CNI has traded 169,302 shares today.

Darlena:
The good news is that the markets have more or less bounced back.

Elke:
DAKP and Atlas Air Worldwide Holdings, Inc.

Katrina:
Canadian National Railway reported second-quarter 2015 financial results wherein it surpassed both the top and the bottom line of the Zacks Consensus Estimate.

Ginger:
Norfolk Southern, which operates nearly 20,000 route miles across 22 states, will largely benefit from the deal as it will allow the company to operate single-line routes from Chicago and southeastern U.S. to Albany, NY.

Fonda:
The successful completion of the deal will benefit Norfolk Southern in terms of more business and will also promote employment opportunities in the northeastern part of the U.S.

Canadian National Railway Company (NYSE:CNI)
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