Latest news with #CNR
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
Ghislain Houle, Executive Vice-President and Chief Financial Officer, to address Wells Fargo 2025 Industrials and Materials Conference
MONTREAL, June 02, 2025 (GLOBE NEWSWIRE) — Ghislain Houle, Executive Vice-President and Chief Financial Officer of CN (TSX: CNR) (NYSE: CNI), will address the Wells Fargo 2025 Industrials and Materials Conference on June 11, 2025, at 9:00 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at . A replay of the webcast will be available following the event. About CN CN 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 coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919. Contacts:
Yahoo
3 days ago
- Business
- Yahoo
Canadian National Railway Company's (TSE:CNR) Stock Been Rising: Are Strong Financials Guiding The Market?
Canadian National Railway's (TSE:CNR) stock is up by 3.1% over the past month. Given its impressive performance, we decided to study the company's key financial indicators as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on Canadian National Railway's ROE. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Canadian National Railway is: 21% = CA$4.5b ÷ CA$22b (Based on the trailing twelve months to March 2025). The 'return' is the income the business earned over the last year. That means that for every CA$1 worth of shareholders' equity, the company generated CA$0.21 in profit. Check out our latest analysis for Canadian National Railway Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. At first glance, Canadian National Railway seems to have a decent ROE. Further, the company's ROE compares quite favorably to the industry average of 13%. Probably as a result of this, Canadian National Railway was able to see a decent growth of 6.7% over the last five years. As a next step, we compared Canadian National Railway's net income growth with the industry and were disappointed to see that the company's growth is lower than the industry average growth of 8.7% in the same period. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. What is CNR worth today? The intrinsic value infographic in our free research report helps visualize whether CNR is currently mispriced by the market. Canadian National Railway has a three-year median payout ratio of 39%, which implies that it retains the remaining 61% of its profits. This suggests that its dividend is well covered, and given the decent growth seen by the company, it looks like management is reinvesting its earnings efficiently. Besides, Canadian National Railway has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 42%. Accordingly, forecasts suggest that Canadian National Railway's future ROE will be 25% which is again, similar to the current ROE. On the whole, we feel that Canadian National Railway's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a respectable growth in its earnings. The latest industry analyst forecasts show that the company is expected to maintain its current growth rate. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
4 days ago
- Business
- Yahoo
Retirement Wealth: 2 TSX Dividend Stocks for RRSP Investors
Written by Andrew Walker at The Motley Fool Canada Canadian savers are searching for good stocks to buy for their self-directed Registered Retirement Savings Plan (RRSP) portfolios focused on dividends and total returns. With the TSX near its record high and tariff uncertainty expected to provide ongoing volatility in the coming months, it makes sense to consider established companies with strong businesses that can ride out market turbulence. Canadian National Railway (TSX:CNR) increased its dividend in each of the past 25 years. The company also returns cash to shareholders through stock repurchases. In fact, the current share buyback plan will see CN repurchase and cancel up to 20 million shares of the common stock float to February 2026. CN's share price is down about 17% in the past year. This gives investors an opportunity to buy CNR stock on a meaningful pullback at a time when many TSX stocks are near 12-month highs. Labour strikes at both CN and key ports, along with delays due to wildfires in Alberta, caused most of the pain in 2024. Wildfire risks are not going to go away, but the labour disputes should be done for the next few years. The extension of the decline in the share price in 2025 can be attributed to concerns that U.S. tariffs will trigger a recession in Canada, the United States, and the broader global economy. A significant economic slowdown would impact demand for CN's services. The company carries 300 million tons of cargo across its 20,000 route-mile rail network that connects ports on the Pacific and Atlantic coasts of Canada to the Gulf coast of the United States. Near-term volatility is expected, but trade deals will get done, and economic growth will continue. CN actually expects to generate adjusted earnings-per-share (EPS) growth of 10% to 15% in 2025, even in this environment. Assuming the company hits the target, the stock might be oversold at this point. TD Bank (TSX:TD) had a rough year in 2024 due to issues in its U.S. business. American regulators put an asset cap on TD's U.S. operations and hit the bank with fines of more than US$3 billion for not having adequate systems in place to prevent money laundering at some of the U.S. branches. In 2025, the stock is on the rebound under the new CEO, who took control in February. TD sold its remaining stake in Charles Schwab for proceeds of about $20 billion. The bank is using $8 billion to buy back stock and will allocate the remaining funds to drive organic growth in Canada, along with funding other initiatives. TD just reported solid fiscal second-quarter (Q2) 2025 financial results that topped analyst expectations. Provisions for credit losses (PCL), however, continue to be high, so investors need to keep an eye on the economy. A recession could trigger a spike in unemployment in Canada and the United States, which would potentially drive higher PCL at TD and its peers. TD is trimming its staff count by 2%, or about 2,000 positions, as part of a restructuring as it works out a new growth strategy while the U.S. operations remain under the asset cap. The American market has been a core driver of growth for TD over the past two decades. TD remains very profitable and has the capital to ride out market turbulence. At the current price of nearly $93, the stock remains well below the $108 it reached in 2022. Investors who buy TD at the current level can get a dividend yield of 4.5%. CN and TD trade at reasonable prices and should deliver solid dividend growth over the coming years. If you have some cash to put to work in a self-directed RRSP, these stocks deserve to be on your radar. The post Retirement Wealth: 2 TSX Dividend Stocks for RRSP Investors appeared first on The Motley Fool Canada. Before you buy stock in Charles Schwab, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Charles Schwab wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $21,345.77!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 24 percentage points since 2013*. See the Top Stocks * Returns as of 4/21/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube The Motley Fool recommends Canadian National Railway. The Motley Fool has a disclosure policy. Fool contributor Andrew Walker has no position in any stock mentioned. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Politics
- Yahoo
‘Like touching climate change': glaciers reveal records of the way the world was
Howling wind relentlessly shakes the white tent, pitched among mounds of snow at a height of 4,100m (13,450ft) on the Corbassière, an Alpine glacier situated on the northern slopes of Switzerland's Grand Combin massif. Inside are scientists from Venice's Ca' Foscari University and the institute of polar science at Italy's national research council (CNR). They are camping here for 12 days, braving harsh conditions in freezing temperatures as low as -20C (-4F) as they work day and night to operate machinery that is drilling deep into the rapidly melting glacier. Their mission is to salvage the Corbassière's remaining ice and unlock the precious trove of knowledge it holds about past climates before global heating completely wipes the glacier out. The scientists do this by drilling a borehole and extracting long, cylinder-shaped ice cores. These are essentially centuries-old libraries containing records of preindustrial greenhouse gases, pollutants, pollen and bacteria that provide information about historic temperatures and the impact humans have had on the changing environment. The deeper they manage to drill, the greater the potential for older ice and its rich archive to emerge. An expedition on the Grenz glacier on Monte Rosa in 2021 yielded ice cores containing climate information dating back over the last 10,000 years, including pollutants from the Roman era. 'A glacier is like a book made up of many pages,' said Jacopo Gabrieli, a glaciologist at CNR. 'The pages are layers of ice, with the first few already unreadable because of the melt. It's like throwing a glass of water on an old manuscript and watching the ink quickly disappear. We know the deepest layers are still readable because it is cold enough. But it is an absolute race against time.' The Corbassière drilling expedition is the first of three planned by Follow the Ice, a scientific and educational project supported by Sea Beyond, an initiative led by the Prada Group. A week into the expedition, the team of 13, which includes mountain guides, a videographer and a nurse who doubles as a cook, welcomed a small group of journalists who were brought to base-camp by helicopter. The team extracted two ice cores from the glacier, although they won't know the secrets they hold until analysis is done. Along with greenhouse gases, previous glacier drills have enabled scientists to study cores for the DNA of ancient viruses that could resurface amid global heating, along with frozen insects and plants that could give insight into the history of forests and their ecosystems. The mission on the Corbassière, backed by the Ice Memory, a nonprofit organisation aimed at preserving and analysing ice cores from the world's most at-risk glaciers, is incredibly daring. For the first few days, the squad had to adapt to the altitude, many struggling to breathe or suffering headaches and nausea. Sleep has been scant, with hours spent clearing snow out of tents and away from pathways. Unexpected changes in weather have stalled progress, as did the sudden breakage of a cable powering the drill. Victor Zagorodnov, a scientist who, at 75, is the oldest on the team, said: 'Constant signs of danger play with your mind, but you have to resist.' Related: Almost 40% of world's glaciers already doomed due to climate crisis – study Zagorodnov has been leading drilling expeditions on glaciers around the world since the 1980s. 'The first time was in Bolivia,' he said. 'The mind is telling you it's dangerous, and to leave. It causes nightmares. But you persevere.' Zagorodnov, who is also a glacier-drilling technology specialist, compared the experience to 'learning to ride a bike'. 'You get used to it,' he said. 'Plus, when I first started the equipment was basic, today it is much more advanced.' Gabrieli is more than used to witnessing the evidence of the climate crisis on glaciers. In 2020, during test drilling on the Corbassière, water was found at a 30m (98ft) depth. 'We put our hands in the water,' he said. 'It was like touching climate change.' Another thing that dismayed him during that visit was rain. 'I didn't think it was possible to have precipitation at this altitude,' he added. 'It was only a small amount of rain but it was really depressing.' The experience made the team realise even more that they needed to act quickly, and so returned to finish the work. This time, the team came equipped with the more advanced electro-thermal drill, a device that penetrates glacier ice through melting. The thermal drill had reached about seven metres deep when a burning stench overwhelmed the scientists. 'We thought something was wrong with the drill but then realised it had hit a plastic bag,' said Carlo Barbante, a professor at Ca' Foscari who co-founded the Ice Memory Foundation. 'It must have been left there by climbers years ago, and really proved the impact of human activity on the climate. Plastic is everywhere, pollution is everywhere. It is very disappointing.' After six days, the drill successfully reached a depth of 55m (180ft). But then the power cable breakage forced the team to revert to using an electromechanical drill. Still, the device helped them to finish the job, and by day nine they were euphoric after making a major breakthrough: the drill hit 'bedrock' – the solid rock lying beneath the glacier – at a depth of 99.5m (326ft). The first of the two ice cores was extracted and transported down the mountain, and the second followed a week later. The ice cores will be dated and the plan is for one to be analysed in Italy, while the other will be shipped to Antarctica, where a cave is being excavated to store ice extracted through glacier drills, providing a library of information for future climate scientists. Apart from Europe, the Ice Memory foundation has so far drilled on glaciers in Bolivia and Russia. The missions are costly and intense, but crucial, said Barbante. 'Glaciers, especially in non-polar regions, are very much at the forefront of global warming,' said Barbante. 'They are water reservoirs for millions of people, so if the ice completely disappears there will be huge problems. We are are witnessing what is happening and it must be documented so we can leave something for future scientists. This is our duty.'
The Guardian
5 days ago
- Politics
- The Guardian
‘Like touching climate change': glaciers reveal records of the way the world was
Howling wind relentlessly shakes the white tent, pitched among mounds of snow at a height of 4,100m (13,450ft) on the Corbassière, an Alpine glacier situated on the northern slopes of Switzerland's Grand Combin massif. Inside are scientists from Venice's Ca' Foscari University and the institute of polar science at Italy's national research council (CNR). They are camping here for 12 days, braving harsh conditions in freezing temperatures as low as -20C (-4F) as they work day and night to operate machinery that is drilling deep into the rapidly melting glacier. Their mission is to salvage the Corbassière's remaining ice and unlock the precious trove of knowledge it holds about past climates before global heating completely wipes the glacier out. The scientists do this by drilling a borehole and extracting long, cylinder-shaped ice cores. These are essentially centuries-old libraries containing records of preindustrial greenhouse gases, pollutants, pollen and bacteria that provide information about historic temperatures and the impact humans have had on the changing environment. The deeper they manage to drill, the greater the potential for older ice and its rich archive to emerge. An expedition on the Grenz glacier on Monte Rosa in 2021 yielded ice cores containing climate information dating back over the last 10,000 years, including pollutants from the Roman era. 'A glacier is like a book made up of many pages,' said Jacopo Gabrieli, a glaciologist at CNR. 'The pages are layers of ice, with the first few already unreadable because of the melt. It's like throwing a glass of water on an old manuscript and watching the ink quickly disappear. We know the deepest layers are still readable because it is cold enough. But it is an absolute race against time.' The Corbassière drilling expedition is the first of three planned by Follow the Ice, a scientific and educational project supported by Sea Beyond, an initiative led by the Prada Group. A week into the expedition, the team of 13, which includes mountain guides, a videographer and a nurse who doubles as a cook, welcomed a small group of journalists who were brought to base-camp by helicopter. The team extracted two ice cores from the glacier, although they won't know the secrets they hold until analysis is done. Along with greenhouse gases, previous glacier drills have enabled scientists to study cores for the DNA of ancient viruses that could resurface amid global heating, along with frozen insects and plants that could give insight into the history of forests and their ecosystems. The mission on the Corbassière, backed by the Ice Memory, a nonprofit organisation aimed at preserving and analysing ice cores from the world's most at-risk glaciers, is incredibly daring. For the first few days, the squad had to adapt to the altitude, many struggling to breathe or suffering headaches and nausea. Sleep has been scant, with hours spent clearing snow out of tents and away from pathways. Unexpected changes in weather have stalled progress, as did the sudden breakage of a cable powering the drill. Victor Zagorodnov, a scientist who, at 75, is the oldest on the team, said: 'Constant signs of danger play with your mind, but you have to resist.' Zagorodnov has been leading drilling expeditions on glaciers around the world since the 1980s. 'The first time was in Bolivia,' he said. 'The mind is telling you it's dangerous, and to leave. It causes nightmares. But you persevere.' Zagorodnov, who is also a glacier-drilling technology specialist, compared the experience to 'learning to ride a bike'. 'You get used to it,' he said. 'Plus, when I first started the equipment was basic, today it is much more advanced.' Gabrieli is more than used to witnessing the evidence of the climate crisis on glaciers. In 2020, during test drilling on the Corbassière, water was found at a 30m (98ft) depth. 'We put our hands in the water,' he said. 'It was like touching climate change.' Another thing that dismayed him during that visit was rain. 'I didn't think it was possible to have precipitation at this altitude,' he added. 'It was only a small amount of rain but it was really depressing.' The experience made the team realise even more that they needed to act quickly, and so returned to finish the work. This time, the team came equipped with the more advanced electro-thermal drill, a device that penetrates glacier ice through melting. The thermal drill had reached about seven metres deep when a burning stench overwhelmed the scientists. 'We thought something was wrong with the drill but then realised it had hit a plastic bag,' said Carlo Barbante, a professor at Ca' Foscari who co-founded the Ice Memory Foundation. 'It must have been left there by climbers years ago, and really proved the impact of human activity on the climate. Plastic is everywhere, pollution is everywhere. It is very disappointing.' After six days, the drill successfully reached a depth of 55m (180ft). But then the power cable breakage forced the team to revert to using an electromechanical drill. Still, the device helped them to finish the job, and by day nine they were euphoric after making a major breakthrough: the drill hit 'bedrock' – the solid rock lying beneath the glacier – at a depth of 99.5m (326ft). The first of the two ice cores was extracted and transported down the mountain, and the second followed a week later. The ice cores will be dated and the plan is for one to be analysed in Italy, while the other will be shipped to Antarctica, where a cave is being excavated to store ice extracted through glacier drills, providing a library of information for future climate scientists. Apart from Europe, the Ice Memory foundation has so far drilled on glaciers in Bolivia, Russia and on Tanzania's Mount Kilimanjaro. The missions are costly and intense, but crucial, said Brabante. 'Glaciers, especially in non-polar regions, are very much at the forefront of global warming,' said Brabante. 'They are water reservoirs for millions of people, so if the ice completely disappears there will be huge problems. We are are witnessing what is happening and it must be documented so we can leave something for future scientists. This is our duty.'
