(Compares with estimates, adds first-quarter details, share move) April 29 (Reuters) - Canadian National Railway Co reported a 6 percent rise in quarterly profit on Monday, as it transported higher volumes of petroleum and chemical products. U,S,-listed shares of the company rose 2.1 percent in after-hours trading. The company's net income rose to C$786 million,…
Posts published in “Day: April 29, 2019”
(Adds CEO quote, comment from analyst call, background) April 29 (Reuters) - Canadian National Railway Co on Monday became the latest railroad operator to blame higher operating expenses due to prolonged extreme cold weather for a lower-than-expected quarterly profit. Rail traffic in Canada was dented by a severe winter, forcing rail operators to cease work.…