Latest news with #CNI
Hamilton Spectator
3 days ago
- Business
- Hamilton Spectator
CN to Report Second-Quarter 2025 Financial and Operating Results on July 22, 2025
MONTREAL, June 30, 2025 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) will issue its second-quarter 2025 financial and operating results after the market close on July 22, 2025. CN's senior officers will review the results and the railway's outlook in a conference call starting at 4:30 p.m. Eastern Time on July 22. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 7456934 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will webcast the presentation live and furnish slides supporting the officers' remarks via the Investors section of its website at . A webcast replay will be available after the call ends. About CN CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919. Contacts:
Daily News Egypt
18-06-2025
- Business
- Daily News Egypt
Mideast infrastructure hit by advanced, 2-year cyber-espionage attack: Fortinet
A state-sponsored hacking group conducted a nearly two-year cyber-espionage campaign targeting critical national infrastructure (CNI) in the Middle East, using novel malware to breach and maintain access across both IT and operational technology (OT) networks, according to a new report. The investigation by Fortinet's FortiGuard Labs Incident Response (FGIR) team detailed a persistent intrusion from 2023 to early 2025, which involved sustained espionage and suspected network prepositioning for potential future attacks. During the multi-phase operation, the threat actor gained initial entry using compromised VPN credentials and deployed multiple custom backdoors, including malware identified as HanifNet, HXLibrary, and NeoExpressRAT. The group then bypassed network segmentation using proxy tools such as Ngrok and ReverseSocks5 to move between the organisation's information technology (IT) and operational technology (OT) environments. While the report confirmed no disruption to OT systems, it noted significant reconnaissance activity within these restricted networks. The attackers also targeted virtualisation infrastructure to deepen their access. Even after being removed from the network, the group made repeated attempts to re-establish a foothold by exploiting third-party software and using phishing attacks, signalling a long-term strategic objective. The findings mirror a broader trend detailed in Fortinet's 2024 State of Operational Technology and Cybersecurity Report. According to that report, 73% of OT organisations globally have now experienced cyber intrusions, a significant increase from 49% in 2023. Attacks targeting OT systems specifically also rose to 24%, up from 17% the previous year. This trend has led to a shift in oversight, with 60% of organisations now reporting that responsibility for OT cybersecurity rests at the executive level with the CISO, CIO, or COO. Fortinet's 2025 Global Threat Landscape Report also noted that state-sponsored groups remain highly active, primarily targeting government, technology, and education sectors. The Middle East remains a high-risk region, with Europe, theMiddle East, and Africa (EMEA) accounting for 26% of all recorded global exploitation attempts. The report also linked over 60% of global hacktivist campaigns to geopolitical causes. To defend against such persistent and well-resourced adversaries, FortiGuard Labs recommends that organisations prioritise several key defensive measures. These include enforcing multi-factor authentication (MFA) and regular credential rotation, deploying a zero-trust architecture with network segmentation, and implementing endpoint detection and response (EDR) with behavioural analytics. The report concluded that this investigation highlights the evolving nature of state-backed cyber threats and underscores the growing need for continuous monitoring and adaptive defence strategies to protect critical infrastructure.
Yahoo
13-06-2025
- Business
- Yahoo
CN to invest $30M in Tennessee to build capacity, power sustainable growth
CN (CNI) announced plans to invest approximately $30M in Tennessee, as part of its 2025 capital investment program. This includes investments in infrastructure, technology, rolling stock equipment, as well as network improvements These projects will help ensure the safe movement of goods and support long-term sustainable growth in Tennessee and across CN's network. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on CNI: Disclaimer & DisclosureReport an Issue Canadian National Railway: Strategic Initiatives and Operational Efficiencies Drive Buy Rating CN to invest $20M in Indiana to build capacity CN to invest $75M in Mississippi to build capacity, power sustainable growth CN to invest $170M in Illinois in 2025 CN price target raised to C$165 from C$160 at Scotiabank Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-06-2025
- Business
- Yahoo
CN to invest $20M in Indiana to build capacity
CN (CNI) announced plans to invest approximately $20M in Indiana in 2025, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes investments to increase capacity and upgrade rolling stock. 'We believe that investing in our network is about building for the future. Our continued infrastructure investment in Indiana will help strengthen the resiliency and efficiency of our network across the state. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across communities where we operate,' said Tracy Robinson, President, and CEO of CN. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on CNI: Disclaimer & DisclosureReport an Issue CN to invest $75M in Mississippi to build capacity, power sustainable growth CN to invest $170M in Illinois in 2025 CN price target raised to C$165 from C$160 at Scotiabank CN Launches C$1 Billion Debt Offering for Strategic Growth CN to invest C$80M in Atlantic Canada to build capacity Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
CN to Invest $75 Million in Mississippi to Build Capacity and Power Sustainable Growth
HOMEWOOD, Ill., June 11, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $75 million in Mississippi, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. The projects will help ensure the safe movement of goods and support long-term sustainable growth in Mississippi and across CN's network. 'We believe that investing in our network is about building for the future. Our continued infrastructure investment in Mississippi will help strengthen the resiliency and efficiency of our network across the state. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across communities where we operate.' - Tracy Robinson, President, and Chief Executive Officer of CN We appreciate CN's commitment to Mississippi and its investment in our cities and counties. CN is a critical component of our state's transportation and business sectors with operations in multiple regions. Their focus on safety strengthens our communities." - Charles Busby, Southern District Transportation Commissioner, MDOT In 2024, CN invested approximately US$56 million in Mississippi for track maintenance and key infrastructure initiatives, including approximately US$ 250,000 for upgrades at CN's Jackson railyard and to build capacity on the Beaumont Subdivision between Jackson and Collins, MS. Mississippi in Numbers: Employees: approximately 497 Railroad route miles operated: 575 Community investments: US$ 50,000 in 2024 Local spending: US$55 million in 2024 Cash taxes paid: US$15 million in 2024 CN Forward-Looking Statements Certain statements by CN included in this news release constitute 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as 'believes,' 'expects,' 'anticipates,' 'assumes,' 'outlook,' 'plans,' 'targets,' or other similar words. Forward-looking statements reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since Michnowski Stacy Alderson Senior Manager Assistant Vice-President Media Relations Investor Relations (438) 596-4329 (514) 399-0052 media@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
