Diluted Share and Canadian National Railway

Canadian National Railway: The S P/TSX composite index gained 65.14 points to 15,315.13. , according to Canadian Broadcasting Corporation, CBC. Adjusted profit amounted to $1.03 per diluted share, three cents above analyst forecasts, when it reported results on Monday after markets closed. CN also delivered a strong outlook and its shares ran up $1.44 to $74.39 after earlier hitting a new 52-week high of $74.83. A strong earnings report from Canadian National Railway helped push the Toronto stock market to a fresh record high close Tuesday as traders put geopolitical concerns aside for the moment and concentrated on the health of corporate North America. Canadian National Railway beat expectations as its second-quarter profit increased 18 per cent to $847 million , while revenues rose 17 per cent to a record $3.12 billion. (news.financializer.com). As reported in the news.