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BofA Securities upgraded Canadian Nat'l Rail from Neutral to Buy and set a new price target of $122.00

Vertical Research upgraded Canadian Nat'l Rail from Hold to Buy

Analyst downgraded Canadian Nat'l Rail from Overweight to Neutral

National Bank Financial downgraded Canadian Nat'l Rail from Outperform to Sector Perform

Evercore ISI downgraded Canadian Nat'l Rail from Outperform to In-line and set a new price target of $105.00

Raymond James upgraded Canadian Nat'l Rail from Mkt Perform to Outperform

Susquehanna upgraded Canadian Nat'l Rail from Neutral to Positive and set a new price target of $120.00

Loop Capital downgraded Canadian Nat'l Rail from Hold to Sell

Stifel upgraded Canadian Nat'l Rail from Hold to Buy and set a new price target of $120.00 from $132.00 previously

Jefferies upgraded Canadian Nat'l Rail from Hold to Buy and set a new price target of $120.00

MONTREAL, June 04, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that propane export shipments from South Beamer, Alberta to Watson Island, British Columbia reached an all-time monthly record for the corridor in May, while staying within the existing commercial arrangements. The achievement represents an increase in carloads of 40% compared to May 2025 and beating CN's previous monthly record from August 2024, reflecting continued operational improvements across the supply chain. CN's record-setting performance was supported by train length optimizations, enhanced network efficiency, and strong execution across the corridor, enabling greater volumes of product to move r

MONTREAL, June 03, 2026 (GLOBE NEWSWIRE) -- Janet Drysdale, Executive Vice-President and Chief Commercial Officer and Patrick Whitehead, Executive Vice-President and Chief Operating Officer of CN (TSX:CNR) (NYSE:CNI), will address the Wells Fargo 16th Annual Industrials and Materials Conference on June 11, 2026, at 9:45 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available following the event. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its cus

MONTREAL, June 01, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that in May it moved over 2.96 million metric tonnes (MMT) of grain from Western Canada, surpassing the previous monthly record of 2.54 MMT set in May of 2025 and establishing another new monthly record for grain movement. The achievement continues a strong crop year performance trend for CN, driven by sustained export demand, ample grain supply and efficient operations across its network. CN continues to move high volumes through its Canadian export corridors. The Company's strong network performance has enabled it to meet customer demand while maintaining fluidity across the supply chain. As the growing

MONTREAL, May 28, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) commends the Surface Transportation Board's (STB) for its decision to freeze the merger review and order Union Pacific (UP) and Norfolk Southern (NS) to provide substantial additional information. This confirms what CN and many stakeholders have said all along: UP and NS still have not submitted a credible case to support their proposed merger. As the Board cautions, the Applicants' "supplemental filing" in July must present a "prima facie case," which means a case that meets the public interest standard at first glance. That burden belongs to UP and NS alone. It is not the job of public officials and stakeholders to fill t

MONTREAL, May 20, 2026 (GLOBE NEWSWIRE) -- Tracy Robinson, President and Chief Executive Officer of CN (TSX:CNR) (NYSE:CNI), will address the Bernstein's 42nd Annual Strategic Decisions Conference on May 27, 2026, at 8:00 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available following the event. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Ca

CALGARY, Alberta, May 20, 2026 (GLOBE NEWSWIRE) -- Keyera Corp. (TSX:KEY) ("Keyera"), AltaGas Ltd. (TSX:ALA) ("AltaGas") and CN (TSX:CNR) (NYSE:CNI) today announced plans to advance the Alberta Corridor Export ("ACE") Rail Terminal Project (the "Project"), a strategic Canadian energy infrastructure investment designed to strengthen Canada's energy supply chain, further increasing Canadian competitiveness on the global markets. The partnership combines Keyera's ACE Rail Terminal with CN's rail network and AltaGas' West Coast export platform. ACE will be owned and constructed by Keyera on Keyera-owned lands within Alberta's Industrial Heartland and will be supported by long-term commercial

MONTREAL, May 13, 2026 (GLOBE NEWSWIRE) -- Janet Drysdale, Executive Vice-President and Chief Commercial Officer of CN (TSX:CNR) (NYSE:CNI), will address the 19th Annual Wolfe Research Global Transportation & Industrials Conference on May 21, 2026, starting at 8:00 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available following the event. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and rel

MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced that it will be adding five new industrial development sites to its Certified Rail-Ready Sites program, and re-certifying six of its existing U.S sites across the Company's network. These eleven sites will be certified through CN's new partnership with the Site Selectors Guild's REDI Sites program, an industry-recognized certification framework designed to bring greater rigor, consistency, and credibility to industrial site readiness. "Industrial development decisions require speed, certainty, and long-term infrastructure confidence. CN's Certified Rail-Ready Sites program helps businesses move more quickl

MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) filed comments with the Surface Transportation Board (STB) demonstrating that the amended merger application submitted by Union Pacific (UP) and Norfolk Southern (NS) still fails to meet the Board's requirements and thus remains incomplete. CN is urging the Board to reject the amended application. CN's filing shows that the amended application continues to omit required information regulators and stakeholders need to meaningfully assess the competitive and operational impacts of this major proposed merger. Of the three independent deficiencies the Board identified in rejecting Applicants' first application in January 2026,

MONTREAL, May 07, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced a public debt offering of US$750 million comprised of US$300 million aggregate principal amount of 4.350% Notes due 2029 and US$450 million aggregate principal amount of 4.950% Notes due 2036. CN expects to close the offering on May 12, 2026, subject to the satisfaction of customary closing conditions. CN plans to use the net proceeds from the offering for general corporate purposes, including the repayment of commercial paper. The debt offering is being made in the United States under an effective shelf registration statement dated April 29, 2026. The joint bookrunners of the debt offering are: J.P. Morg

MONTREAL, Sept. 15, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today launched its annual Rail Safety Week campaign to raise awareness about the risks of unsafe behaviour around railway tracks and property. From September 15–19, CN Police Services and CN employees will partner with cities, towns, and Indigenous communities across North America to highlight the dangers of trespassing and ignoring signals at crossings—actions that can have devastating consequences. "Rail safety isn't just about big moments; it's about the small safe choices we make every day. Each time you respect the signs and signals around tracks and railway property, you're helping to keep your community stronger

HOMEWOOD, Ill., Sept. 15, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today launched its annual See Tracks? Think Train® Week campaign to raise awareness about the risks of unsafe behaviour around railway tracks and property. From September 15–19, CN Police and CN employees will partner with cities, towns, and Indigenous communities across North America to highlight the dangers of trespassing and ignoring signals at crossings—actions that can have devastating consequences. "Rail safety isn't just about big moments; it's about the small safe choices we make every day. Each time you respect the signs and signals around tracks and railway property, you're helping to keep your community

MONTREAL, July 21, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that Janet Drysdale will assume the role of Chief Commercial Officer on an interim basis, effective immediately. Janet is stepping into the role following the departure of Remi G. Lalonde. Janet spent the first decade of her nearly 30-year career at CN in a variety of roles in Sales and Marketing. She is a seasoned and versatile leader with significant cross-functional experience having held executive positions at CN in Investor Relations, Finance, Corporate/Business Development, Sustainability, and most recently as Chief Stakeholder Relations Officer.      "I am very pleased that Janet will be leading our

MONTREAL, Sept. 27, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that Unifor has filed a Notice of Dispute three days after the beginning of negotiations. The Union represents 3,300 Mechanical, Clerical, and Intermodal employees in Canada across three collective agreements. The current collective agreements expire on December 31, 2024. While CN is disappointed that Unifor is filing the Notice so early in the process, the Company is committed to reaching negotiated agreements with the Union that are good for employees, customers, and the economy. About the Notice of DisputeAlso known as ‘conciliation', the Notice of Dispute is sent to the Canadian Minister of Labour by

MONTREAL, April 18, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Chief Commercial Officer of CN effective April 24th, 2024. Remi is succeeding Doug MacDonald who will retire from CN following an impressive career of nearly 35 years. Since his arrival at CN in January, Remi has been embedded within CN's operations, gaining first-hand experience with scheduled railroading and executing CN's ‘Make the Plan, Run the Plan, Sell the Plan' model. Following his introduction to operations, Remi has been meeting customers and working closely with Doug and the team to ensure a seamless transition to the commerci

MONTREAL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Special Advisor to the CEO in anticipation of his transition to the role of Chief Commercial Officer (CCO) of CN later in the year.   The Chief Commercial Officer (CCO) role is a critical executive role, overseeing CN's strong, experienced, customer focused Sales and Marketing team. As a former CEO, CFO and SVP at a prominent forest products company, Remi has led teams, executed strategy, managed regulatory matters, engaged with Indigenous communities and stakeholders, headed manufacturing operations, and worked with investors and supplie

MONTREAL, Oct. 18, 2023 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Patrick Whitehead as Executive Vice-President and Chief Network Operating Officer and the appointment of Derek Taylor as Executive Vice-President and Chief Field Operating Officer. Their appointments are effective as of November 15. Pat and Derek will succeed Ed Harris who will take on a consultant role until March 31, 2024, to ensure a seamless transition. The evolution of CN's operations organization recognizes the distinction in focus and capabilities between the development of the plan, including building our network for the future, and the day-to-day demands of safely execut

MONTREAL, Nov. 28, 2022 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Edmond (Ed) Harris as Executive Vice-President and Chief Operating Officer. Mr. Harris succeeds Rob Reilly, effective immediately. Since April 2022, Mr. Harris, a highly respected industry veteran, has worked closely with the entire CN operations leadership team on the company's operational and service excellence initiatives, as the team delivered meaningful rail operations performance and customer service improvements. "We are very pleased to be able to leverage Ed's experience and capabilities as we continue to improve the delivery of safe and reliable freight transportation services

Quebec-Based Independent Director with Extensive North American Business Experience and record of Sustainability Leadership Demonstrates Board's Ongoing Commitment to CN's Leadership in Corporate Governance and ESG MONTREAL, Sept. 08, 2022 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that, after a rigorous search process, Michel Letellier has been appointed to the Board of Directors of CN. Mr. Letellier will join the Board on October 1, 2022. Mr. Letellier, 58, is the President and Chief Executive Officer of Montreal headquartered Innergex Renewable Energy Inc., one of the largest Canadian independent renewable power producers with operations in Canada, the Uni

MONTREAL, May 20, 2022 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced that a new Chairperson and the director nominees listed in the management information circular dated April 5, 2022, were elected as directors of CN. The detailed results of the vote are available below. Shauneen Bruder was unanimously elected by the board of directors as board chair. Ms. Bruder was, until her retirement on October 31, 2019, the Executive Vice-President, Operations at the Royal Bank of Canada (RBC) where she was responsible for overseeing operations related to all personal and business clients in Canada. Ms. Bruder joined CN's board in 2017. "I am honoured to become the Chair of the CN Board

MONTREAL, April 29, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that its Board of Directors has approved a second-quarter 2026 dividend on the Company's common shares outstanding. A quarterly dividend of ninety-one and a half cents (C$0.9150) per common share will be paid on June 30, 2026, to shareholders of record at the close of business on June 9, 2026. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western

Record revenue ton miles (RTMs) for a first quarter, increasing 3% year over yearFree cash flow for the first quarter was C$900 million, an increase of 44%, consisting of net cash provided by operating activities of C$1,265 million and net cash used in investing activities of C$365 million (1)Best first quarter employee productivity in the last five years Record fuel efficiency performance in a first quarter First quarter diluted earnings per share (EPS) growth of 1%, or a decrease of 3% on an adjusted basis and a decrease of 1% on an adjusted basis at constant currency (1)Repurchased approximately 6 million shares in the first quarter for C$869 million MONTREAL, April 29, 2026 (GLOBE NE

MONTREAL, April 28, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its first-quarter 2026 financial and operating results at 7:30 a.m. Eastern Time on April 29, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 9281112 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will provide a live webcast via the Investors section of its website at www.cn.ca/investor

MONTREAL, March 30, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its first-quarter 2026 financial and operating results before the markets open on April 29, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time on April 29. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 9281112 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will provide a live webcast via the Investors section of its website at www.cn.c

MONTREAL, Jan. 30, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that its Board of Directors has approved a 3% increase in the 2026 dividend on the Company's outstanding common shares as well as the repurchase of its shares under a new normal course issuer bid (Bid). "These actions reflect CN's strong cash flow and our disciplined approach to managing capital. We are investing in the business, returning capital to shareholders and maintaining a strong balance sheet to support long-term performance."   -   Ghislain Houle, Executive Vice-President and Chief Financial Officer, CN The Bid permits CN to purchase, for cancellation, over a 12-month period up to 24 million com

Fourth quarter diluted earnings per share (EPS) growth of 12%, or 14% on an adjusted basis (1)Fourth quarter operating ratio of 61.2%, or 60.1% on an adjusted basis (1)2025 diluted EPS growth of 8%, or 7% on an adjusted basis (1)2025 operating ratio of 61.9%, or 61.7% on an adjusted basis (1)Approximately 15 million shares repurchased in 2025 for approximately C$2 billionCapital program spending set at C$2.8 billion* for 2026, a decrease of C$500 million from 2025 (2) MONTREAL, Jan. 30, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today reported its financial and operating results for the fourth quarter and year ended December 31, 2025. "Our team delivered a strong fourth quarter and

MONTREAL, Jan. 29, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its fourth-quarter and full-year 2025 financial and operating results at 7:30 a.m. Eastern Time on January 30, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 4883669 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will webcast the presentation live and furnish slides supporting the offic

MONTREAL, Jan. 05, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its fourth-quarter and full-year 2025 financial and operating results before the markets open on January 30, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time on January 30. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 4883669 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will webcast the presentation live and furnish slides supporti

MONTREAL, Oct. 31, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that its Board of Directors has approved a fourth-quarter 2025 dividend on the Company's common shares outstanding. A quarterly dividend of eighty-eight and three-quarter cents (C$0.8875) per common share will be paid on December 30, 2025, to shareholders of record at the close of business on December 9, 2025. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's E

Delivered 6% Earnings Growth and Operating Ratio of 61.4%, an improvement of 170 basis points.Repurchased close to 8 million shares in the quarter for approximately C$1 billion.Improving productivity, including an additional C$75 million in labor cost reductions.Guiding to 2026 capital expenditures of C$2.8 billion*. (2) MONTREAL, Oct. 31, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today reported its financial and operating results for the third quarter ended September 30, 2025. "I want to thank the entire CN team for delivering a strong quarter that combined solid performance with excellent customer service. Our seasoned team of railroaders continues to run a safe, on time, and ef

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