Monday, July 23, 2007

UPDATE 2-Canadian National profit falls, outlook trimmed

(Reuters) - CALGARY, Alberta, July 23 - Canadian National
Railway Co.'s second-quarter profit fell 29 percent
without last year's big gain from lower tax rates, and the
company cut its full-year earnings expectations after a tough
first half.




Canada's biggest railway, which has major operations in the
United States, said on Monday that the quarter was marred by
trying weather conditions, native blockades of its Ontario
mainline and the surging Canadian dollar.


Read more at Reuters.com Mergers News

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