Canadian National said earlier this year that it was expecting double-digit in earnings-per-share growth in 2010, and Chief Financial Officer Luc Jobin told a National Bank Financial conference Wednesday that "so far the numbers are supporting that view, despite the headwind of a stronger Canadian dollar. He added that "the first quarter is off to a good start, but it's still early in the year." For more on this story, visit: Railway Age Breaking News
In his annual report message to shareholders, CSX Chairman, President, and Chief Executive Officer Michael J. Ward said that the Class I railroad positioned itself as a "stronger and more capable company" in a tumultuous 2009. While a 15% volume decline led to a 22% reduction in earnings per share from continuing operations, the company set records in safety, lowered full-year operating costs by 20%, and achieved a record operating ratio of 74.7.
-- Edited by Uke on Friday 26th of March 2010 08:25:15 AM
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Hmm. That address doesnt look right. It looks like the link pointing here was faulty.