CN Rail net profit falls to C$387 million, revenue declines more than expected
Canadian National Railway Co. , Canada's largest railway operation, reported Monday that its second-quarter profits decreased nearly 14 per cent as the economic recession caused its revenues to decline to $1.78 billion.
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#1 Jul 21, 2009
You can bet the upper level Mgt and the VP's will get a nice fat bonus though.
Don't worry. The TE&Y crews will still get screwed.
Enjoy your day.
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