Tampa Bay Lightning vs. Vancouver Canucks - NHL Game Recap - December 8, 2024 - CBS SportsMAI Capital Management decreased its holdings in Canadian National Railway ( NYSE:CNI – Free Report ) (TSE:CNR) by 63.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,759 shares of the transportation company’s stock after selling 6,531 shares during the period. MAI Capital Management’s holdings in Canadian National Railway were worth $440,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors and hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Canadian National Railway in the 2nd quarter worth about $26,000. Addison Advisors LLC increased its position in shares of Canadian National Railway by 159.1% during the second quarter. Addison Advisors LLC now owns 241 shares of the transportation company’s stock worth $28,000 after acquiring an additional 148 shares during the period. Fortitude Family Office LLC raised its stake in shares of Canadian National Railway by 738.7% during the third quarter. Fortitude Family Office LLC now owns 260 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 229 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of Canadian National Railway in the second quarter valued at approximately $34,000. Finally, Coastline Trust Co bought a new position in Canadian National Railway in the third quarter worth approximately $34,000. 80.74% of the stock is currently owned by institutional investors. Analysts Set New Price Targets A number of brokerages have weighed in on CNI. Barclays lifted their target price on Canadian National Railway from $120.00 to $121.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 25th. Stephens reaffirmed an “equal weight” rating and issued a $116.00 price objective on shares of Canadian National Railway in a research note on Wednesday, October 23rd. Susquehanna cut their target price on shares of Canadian National Railway from $130.00 to $125.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Stifel Nicolaus upped their price target on shares of Canadian National Railway from $130.00 to $132.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. Finally, Sanford C. Bernstein cut their price objective on shares of Canadian National Railway from $130.67 to $126.29 and set a “market perform” rating on the stock in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $125.48. Canadian National Railway Trading Up 1.9 % Shares of NYSE:CNI opened at $111.24 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.64 and a quick ratio of 0.49. The firm has a market capitalization of $70.06 billion, a P/E ratio of 17.83, a P/E/G ratio of 2.41 and a beta of 0.89. The business’s 50-day moving average is $113.14 and its 200 day moving average is $117.23. Canadian National Railway has a 1 year low of $105.28 and a 1 year high of $134.02. Canadian National Railway ( NYSE:CNI – Get Free Report ) (TSE:CNR) last issued its quarterly earnings data on Tuesday, October 22nd. The transportation company reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. Canadian National Railway had a net margin of 31.65% and a return on equity of 23.62%. The business had revenue of $4.11 billion for the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter last year, the company earned $1.26 EPS. The business’s revenue was up 3.1% on a year-over-year basis. On average, research analysts predict that Canadian National Railway will post 5.49 earnings per share for the current fiscal year. Canadian National Railway Cuts Dividend The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be paid a $0.6108 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Monday, December 9th. Canadian National Railway’s dividend payout ratio is currently 39.26%. Canadian National Railway Company Profile ( Free Report ) Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks. Recommended Stories Receive News & Ratings for Canadian National Railway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway and related companies with MarketBeat.com's FREE daily email newsletter .
How much political donors will be able to contribute to campaigns will be capped but the finer details of electoral laws remain elusive despite a rush to pass them. or signup to continue reading Individuals would only be able to donate $20,000 and donations above $1000 will have to be disclosed in near real time. But the thresholds aren't set in stone. The Liberals, Nationals and some teal independents are negotiating to increase the donation cap by tens of thousands of dollars - potentially as high as $50,000 - and increase the disclosure limit, with one suggestion to double it to $2000. Increasing the total election spending cap - set at $90 million for political parties and $11 million for special interest groups such as unions and Climate 200 - is also featuring in negotiations ahead of the bill coming before the Senate on Monday. In principle, Labor's legislation is what transparency and reform advocates called for but it's struggling to find friends outside the major parties with independents accusing the government and coalition of a political stitch-up. It's revitalised grassroots supporters with 100 volunteers signing up for independent ACT senator David Pocock's re-election campaign in a single night after the proposed reforms were announced. Extra public cash for candidates to run elections will disproportionately benefit major parties and boost their coffers by millions of dollars not available to independents, crossbenchers argue. Liberals have privately raised concerns about an $800,000 cap per electorate exceeding the $90 million federal cap when all 150 seats are accounted for, meaning the full amount couldn't be spent on each campaign. Despite not all electorates drawing the same expenditure, with major parties putting minimal resources into near-unwinnable seats, there were concerns this could hamper Liberals facing well-resourced independents. Half a dozen Liberals were unseated by teals in 2022. Independents only need to focus on a single seat and can spend up to the cap without worrying about breaching it elsewhere, one Liberal MP said. And while groups such as Climate 200 can spend a lot less than political parties federally, they were targeting fewer seats where advertising could be concentrated, they said. The same argument is being made behind the scenes about minor parties such as the Greens following outcry about the reforms stacking the field for major parties, which Labor disagrees with. But Senator Pocock still questioned whether his history-making victory at the 2022 election could have happened under the reforms due to a mismatch in funds major parties would have had against him. While caps for all Senate candidates are the same - $200,000 per electorate in the state - political parties had their federal war chests they could use to broadly advertise in key seats or states while he would be limited to $600,000. "That's not a level playing field," he said. Senator Pocock and the Greens are likely to vote against the bill in its entirety, arguing there's a lack of scrutiny in the rush to pass a bill that disproportionately helps majors despite it not taking effect until mid-2026, after the next election. The laws are set to start in mid-2026, which would capture the election slated for 2028. Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . AdvertisementPARIS — Notre Dame Cathedral , its air thick with the smell of incense, hosted its first Mass on Sunday since the catastrophic fire of 2019, a moment that transcended religious significance to become a powerful symbol of Paris’ resilience. Beneath the glow of traditional chandeliers and modern spotlights, which illuminated its intricately carved stonework , the cathedral emerged reborn, its grandeur restored after five years of reconstruction. For Catholics, it marks the revival of the city’s spiritual heart, a place where faith has been nurtured for centuries. For the world, it signals the rebirth of one of global heritage's most famous landmarks. The event was both solemn and historic. Archbishop Laurent Ulrich presided over the morning Mass, including the consecration of a new bronze altar. The liturgy was attended by 2,500 people, including French President Emmanuel Macron — enjoying a brief respite from France's political tumult and economic troubles — clergy, dignitaries and a few lucky members of the general public who stood in long lines to enter. Nearly 170 bishops from France and around the world took part, along with one priest from each of the 113 parishes in the Paris diocese, accompanied by worshippers from these communities. Macron, in line with France’s strict division of state and church, did not take communion. Notre Dame’s journey from ruin to resurrection was defined by extraordinary craftsmanship, nearly $1 billion in global donations and a collective, unyielding determination to rebuild. After the Mass, faithful attendees, priests, nuns, and other guests lingered in the cathedral, their awe evident. Many took pictures and selfies in front of the altar, the baptistery, and vibrant rose windows, their joy mingling with reverence. Others knelt to pray at chapels dedicated to saints, savoring a spiritual intimacy many had not experienced since the fire. Later Sunday, the cathedral opened its doors to members of the public who secured reservations last week for the first fully public Mass. The Associated Press learned that tickets for this service were claimed within 25 minutes, underscoring Notre Dame’s enduring appeal. What’s more extraordinary is that this is taking place in a country with a strong emphasis on secularism and a low rate of church attendance. The public watches on — from a distance Public viewing areas along the Seine on Sunday morning drew hundreds of people who wished to witness the historic moment from afar, although their numbers were likely subdued by rainy and miserably cold weather conditions. Retired engineer Claude Lancrenon, watching from a viewing area, expressed both awe and disappointment. “There is so much security,” he said, gesturing toward the barriers. “Yesterday, that seemed appropriate. But today, I had hoped it would be more open so we could approach the cathedral. I still hope we’ll be able to get closer.” Tight security — akin to that of the Paris Olympic Games — reflected the importance of the occasion, ensuring the safety of dignitaries and the public alike. Nathalie Martino, a retired event organizer visiting Paris, recalled the anguish of watching the cathedral burn. “I cried so much that day,” she said. “And now, here I am. I had to come. It was something I needed to do.” A sacred space reborn Sunday’s Masses follow Saturday evening’s ceremonies in which Ulrich symbolically reopened the cathedral’s massive wooden doors by striking them three times with a crosier crafted from charred beams salvaged from the fire. As the doors swung open, choirs filled the air with song and the cathedral’s great organ — silent since the fire — resounded with majestic melodies. Inside, the restoration reveals a cathedral transformed with now-gleaming limestone walls cleaned of centuries of grime. The restored stained-glass windows project dazzling patterns of color across the nave. “No one alive has seen the cathedral like this,” said the Rev. Olivier Ribadeau Dumas, Notre Dame’s rector. "It is more than restored — it is reborn.” The consecration of the new altar was a pivotal moment in Notre Dame’s return to full liturgical life. The altar houses relics of five saints tied to Paris, including St. Catherine Labouré and St. Charles de Foucauld, continuing a centuries-old tradition of embedding sacred artifacts at the heart of worship spaces. The consecration, involving holy water, chrism oil, incense and prayer, transforms the altar into a sacred centerpiece of the cathedral. That was the most moving moment of the day for Marie Capucine, 37, a consecrated virgin representing her Parisian parish of Saint Germain des Prés at the reopening. She recalled the day the fire raged, and the ‘’communion in prayer all over the world'' for the cathedral to be saved. “That shows that the Church gathers, no matter whether people are believers or not, it says something to the world, something beautiful,” she concluded. A moment of unity The reopening of Notre Dame is also a moment of cultural and national unity. Macron, who vowed to restore the cathedral within five years after the fire, called the project “a jolt of hope” for France, a nation often divided by political crises. The Sunday Masses underscore Notre Dame’s dual role as a place of worship and a symbol of communal resilience. They also ensure that members of the broader Catholic community can partake in the cathedral’s spiritual revival. Challenges overcome The path to restoration was fraught with challenges. Lead contamination forced work to pause, and the COVID-19 pandemic added delays. Yet the project, overseen by architect Philippe Villeneuve, has been hailed as a triumph of human ingenuity and collective resolve. Cutting-edge fire prevention systems, including thermal cameras and a misting system, have been installed to safeguard the cathedral’s future. Villeneuve described the effort as “restoring not just a building but the soul of a nation,” emphasizing the personal and national significance of the work. A sacred future and an ‘octave’ With its spire once again piercing the Parisian sky, Notre Dame is poised to reclaim its role as a global beacon of faith and art. The cathedral, which previously welcomed 12 million annual visitors, is expected to draw 15 million in its new chapter. This monumental revival is not confined to a single day. Ulrich has announced an “octave” of celebrations — eight days of special religious services, each with its own theme, running through Dec. 15. These daily liturgies, open to diverse groups from local parishioners to international pilgrims, emphasize Notre Dame’s role as a unifying spiritual hub. Stay Informed: Subscribe to Our Newsletter Today
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Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutionsIn letters sent by Chief Secretary to the Treasury Darren Jones, departments will be told ‘difficult’ spending decisions will be required. Cabinet ministers have been warned they must find more savings in their departments as the Chancellor said “every pound” of Government spending will be scrutinised in a major budget review. Secretaries of State are being told that any outgoings which are not contributing towards one of Labour’s “priorities” must be cut as Rachel Reeves vows to wield “an iron fist against waste.” In letters sent by Chief Secretary to the Treasury Darren Jones, departments will be told to brace for “difficult” spending decisions in order to restore trust in the Government’s handling of the public finances. Every pound of departmental spending will be face a “line-by-line review” involving external finance experts from banks and think tanks in order to ensure it represents value for money, the Treasury said. The Chancellor will on Tuesday launch the next round of Government spending, and is expected to warn departments that they “cannot operate in a business-as-usual way when reviewing their budgets for the coming years”. She will insist that areas focused on Prime Minister Sir Keir Starmer’s “plan for change”, which includes targets to improve living standards across the country and build 1.5 million homes, must be prioritised. Ms Reeves said: “By totally rewiring how the Government spends money we will be able to deliver our plan for change and focus on what matters for working people. “The previous government allowed millions of pounds of taxpayers’ money to go to waste on poor value for money projects. We will not tolerate it; I said I would have an iron grip on the public finances and that means taking an iron fist against waste. “By reforming our public services, we will ensure they are up to scratch for modern day demands, saving money and delivering better services for people across the country. That’s why we will inspect every pound of Government spend, so that it goes to the right places and we put an end to all waste.” Under the Treasury’s plans, departments will ensure budgets are scrutinised by “challenge panels” of external experts including former senior management of Lloyd’s Banking Group, Barclays Bank and the Co-operative Group. These panels, which will also involve think tanks, academics and the private sector, will advise on which spending “is or isn’t necessary”, the ministry said. The Treasury said work has already begun, with an evaluation of the £6.5 million spent on a scheme that placed social workers in schools finding “no evidence of positive impact on social care outcomes”. “Departments will be advised that where spending is not contributing to a priority, it should be stopped,” it said. “Although some of these decisions will be difficult, the Chancellor is clear that the public must have trust in the Government that it is rooting out waste and that their taxes are being spent on their priorities.” Ms Reeves had already announced efficiency and productivity savings of 2% across departments in her autumn budget as she seeks to put the public finances on a firmer footing. In a speech in east London, Chancellor of the Duchy of Lancaster Pat McFadden hinted at a further squeeze. “At the Budget the Chancellor demanded efficiency and productivity savings of 2% across departments – and there will be more to come,” he said. “As we launch the next phase of the spending review at its heart must be reform of the state in order to do a better job for the public.”
Germany has vowed to strengthen its laws to make it easy to prosecute people-smugglers enabling small-boat crossings to Britain , with the two nations signing a new agreement targeting immigration crime. Berlin confirmed plans to reform its legal framework make it a clear criminal offence to “facilitate the smuggling of migrants to the UK” as part of the agreement, the Home Office said. The Home Office said the move would give German prosecutors more tools to tackle the supply and storage of dangerous small boats. Both countries will also commit to exchange information that may help to remove migrant-smuggling content from social media platforms and tackle end-to-end routes of criminal smuggling networks as part of the deal. It comes ahead of the UK and Germany hosting the so-called Calais Group in London, which sees ministers and police from the two countries, alongside France, Belgium and the Netherlands, gather to discuss migration in Europe. Delegates are expected to agree a detailed plan to tackle people-smuggling gangs in 2025 at the meeting on Tuesday. Home Secretary Yvette Cooper said: “For too long organised criminal gangs have been exploiting vulnerable people, undermining border security in the UK and across Europe while putting thousands of lives at risk. “We are clear that this cannot go on. “Germany is already a key partner in our efforts to crack down on migrant smuggling, but there is always more we can do together. “Our new joint action plan with deliver a strengthened partnership with Germany, boosting our respective border security as we work to fix the foundations, and ultimately saving lives.” Nancy Faeser, German federal minister of the interior said: “We are now stepping up our joint action to fight the brutal activities of international smugglers. “This is at the core of our joint action plan that we have agreed in London. “I am very grateful to my British counterpart Yvette Cooper that we were able to reach this important agreement. “It will help us end the inhumane activities of criminal migrant smuggling organisations. “By cramming people into inflatable boats under threats of violence and sending them across the Channel, these organisations put human lives at risk. “Many of these crimes are planned in Germany. “Together, we are now countering this unscrupulous business with even more resolve. “This includes maintaining a high investigative pressure, exchanging information between our security authorities as best as possible, and persistently investigating financial flows to identify the criminals operating behind the scenes.”
India’s brand has transformed over the last decade, with a focus on ease of doing business, infrastructure development, and digital technologies, noted External Affairs minister S Jaishankar. Speaking at an event organised by the India Foundation, he said, “When we speak about the size of our digital transactions or the magnitude of our socio-economic schemes, the world truly stands up and takes notice,” he said. He added that India’s advancements in infrastructure and manufacturing, exemplified by the Make in India initiative, have further strengthened the nation’s image. He highighted the role of India’s talent pool in addressing global challenges. “In an era where demographic shortages are beginning to bite, the value of talented Indians is ever more widely recognized. Many nations are now willing to partner with us in imparting skills and expanding education,” Jaishankar noted, pointing to increased international interest in Indian professionals. Reflecting on India’s vaccine diplomacy during the Covid-19 pandemic, Jaishankar said, “India’s willingness to share vaccines when more developed nations did not left a deep impression, reflecting both respect for our industry and our willingness to act in global solidarity.” He also noted that ‘immediate regions’ have valued India’s contribution. “Democracies appreciate a confident partner whose choices have helped universalize shared attributes. The immediate region values our emerging first responder posture and our contribution to global goods,” he said. “”Bharat is a statement of authenticity, a reflection of being more comfortable in our own skin, drawing on our past while fashioning our future,” he added. Comments