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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (119082)	1/26/2022 1:35:12 PM
From: Goose94	Read Replies (1) of 202902

Canadian National Railway (CNR-T) CEO Jean-Jacques Ruest is passing the baton on a high note. The rail operator selected TC Energy's Tracy Robinson (who was serving as president of Coastal GasLink) as its next chief executive, appointed former Quebec Premier Jean Charest to its board, and called a truce with U.K. activist investor TCI by agreeing to add two independent directors to its board before its next annual meeting. That flurry of news came a few minutes after CN reported a 20 per cent surge in fourth-quarter adjusted profit, a record low adjusted fourth-quarter operating ratio, and tossed in a dividend hike and new share buyback program. Dave will dig into what awaits Robinson and what CN’s management said about supply chains (including the ripple effect from trucker vaccine mandates) and the recovery from B.C. flooding. BNN.ca

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