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UPDATE 2-CN Rail 1st-qtr profit rises, to boost capital spending

2015-04-21 04:38:35| Railroads - Topix.net

Canadian National Railway Co posted higher first-quarter earnings on Monday, topping analysts' expectations, and said it would boost capital spending to improve safety as volume rises. Freight volume also rose in the quarter, with carloads up 9 percent as shipments in every major commodity category but coal rose from a year earlier.

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