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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (125418)	4/27/2022 9:13:31 AM
From: Goose94	Read Replies (1) \| Respond to of 202930

Canadian National Railway (CNR-T) Cuts Outlook The increase in fuel prices over the past few months is weighing on CN Rail’s bottom line and the company doesn’t expect that pressure to ease through the year. The country’s largest railway is lowering its profit growth and cash flow forecast for 2022 after reporting operating expenses jumped 12 per cent in the first quarter. The Montreal-based company missed on the bottom line but revenue came in slightly better than expected. Raymond James Analyst Steve Hansen told BNN Bloomberg cost pressures and a slowdown in growth will continue to weigh on the company for the rest of the year. CN has also said it is on the hunt for a francophone director following criticism last week after it announced a number of new board nominees that didn’t include any who could speak Quebec’s official language. BNN.ca