GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Canadian National Railway Company (CNI) [hlAlert]

Rating:
Hold CNI
up 79.15 %

Canadian National Railway Company (CNI) downgraded to Hold by BB&T Capital Mkts

Posted on: Wednesday,  Oct 27, 2010  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold Canadian National Railway Company (NYSE: CNI) on 10/27/2010. Previously BB&T Capital Mkts rated Buy Canadian National Railway Company (NYSE:
CNI) on 03/24/2009., when the stock price was $17.95. Since then, Canadian National Railway Company has gained 79.16% as of 10/27/2010's recent price of $32.15.
If you would have followed the previous BB&T Capital Mkts's recommendation on CNI, you would have gained 79.15% of your investment in 582 days.

Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CN?s network of approximately 21,000 route miles of track spans Canada and mid-America, connecting three coasts: the Atlantic, the Pacific and the Gulf of Mexico. CN?s freight revenues are derived from the movement of a diversified portfolio of goods, including petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive. During the year ended December 31, 2008, 19% of revenues came from United States domestic traffic, 31% from transborder traffic, 24% from Canadian domestic traffic and 26% from overseas traffic. In November 2008, CN announced the acquisition of the three railway subsidiaries of the Quebec Railway Corp. and a QRC rail-freight ferry operation. In January 2009, it completed its acquisition of the principal lines of the Elgin, Joliet & Eastern Railway Company (EJ&E).

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2010 10:25 AM Hold
None
32.15
as of 12/31/2010
1 Week   
1 Month   
3 Months up  0.43 %
1 YTD up  18.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/24/2009 8:25 AM Buy
None
17.95 22.50
7/2/2008 9:25 AM Hold
None
24.09

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy