Canadian Stocks Drop as Traders Sell Into Trump's Tariff Threats [BNN Bloomberg (Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: BNN Bloomberg
The S&P/TSX Composite Index was down 0.3% Tuesday morning. Its worst performer was Quebec-based private jet-maker Bombardier Inc., which tumbled as much as 13% for its biggest intraday decline since February. “Tariffs dump sand in the gears of the global economy, and markets hate them,” Colin Cieszynski, chief market strategist at SIA Wealth Management in Toronto, said Tuesday, noting that domestic manufacturing stocks are likely to be hit hardest. Auto parts manufacturer Magna International Inc. and ski-doo maker BRP Inc. also traded lower on Tuesday morning. TD Cowen analysts previously singled out automakers as particularly vulnerable to tariffs, prompting the team to downgrade Linamar Corp. and cut the price target on Martinrea International Inc. Canada's railway operators, Canadian Pacific Kansas City Ltd. and Canadian National Railway Co., also slumped. “When something impacts Canada, it usually hits the dollar first rather than the market first,” Cieszynski said by phone
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CNI
Earnings
- 10/22/24 - Beat
CNI
Sec Filings
- 11/4/24 - Form SC
- 10/22/24 - Form 6-K
- 10/8/24 - Form SCHEDULE
- CNI's page on the SEC website