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UPDATE 2-CN Rail 1st-qtr profit rises, to boost capital spending

2015-04-21 04:38:35| Railroads - Topix.net

Canadian National Railway Co posted higher first-quarter earnings on Monday, topping analysts' expectations, and said it would boost capital spending to improve safety as volume rises. Freight volume also rose in the quarter, with carloads up 9 percent as shipments in every major commodity category but coal rose from a year earlier.

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CN's net profit rises 13 per cent to $704 million in first quarter

2015-04-21 00:29:01| Railroads - Topix.net

Canadian National Railway says milder weather and strong freight demand contributed to a 13 per cent increase in net profit to $704 million in the first quarter on $3.1 billion of revenue. The country's largest railway said it earned 86 cents per diluted share in the three months ended March 31, compared with 75 cents per share or $623 million a year ago.

Tags: net million profit quarter

 
 

GM ignition switch death toll rises to 87

2015-04-20 21:14:30| Apparel - Topix.net

Families of at least 87 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the total Monday.

Tags: to death switch toll

 

GM ignition switch death toll rises to 87

2015-04-20 19:50:08| Footwear - Topix.net

Families of at least 87 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the total Monday.

Tags: to death switch toll

 

REFILE-UnitedHealth's quarterly profit rises as Optum business gains

2015-04-16 20:02:04| Beverages - Topix.net

UnitedHealth Group Inc, the largest U.S. health insurer, reported a 28.6 percent rise in quarterly profit, helped by a rise in total enrolments and strength in its Optum Health Services business. The company's profit rose to $1.41 billion, or $1.46 per share, in the first quarter ended March 31, from $1.10 billion, or $1.10 per share, a year earlier.

Tags: business profit quarterly gains

 

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