September 1, 2014

Railroads report mixed 4Q, yearly earnings

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CANADIAN NATIONAL Canadian National Railway reported its income in the fourth quarter of 2012 was $613.8 million, increasing three percent from $595.7 million in the fourth quarter of 2011. Revenue in the fourth quarter increased by seven percent year-over-year to $2.5 billion. For the full year of 2012, profit was $2.7 billion, up eight percent [...]