3h ago
Canadian National Railway posts $4.8 billion Q2 2026 revenue, lifts dividend to $0.92 a share
Canadian National Railway reported second-quarter 2026 revenue of $4.8 billion, up 11% from a year earlier. Adjusted diluted EPS rose 11% to $2.08, while revenue ton miles increased 5%. The company declared a quarterly dividend of $0.92 per share, or $3.66 annually, implying a yield of about 2.2%, and lifted the payout by 3% again in 2026. Shares trade around $169.60, valuing the stock at roughly 22 times earnings.
3h ago
4h ago
U.S. 10-year Treasury yield hits 5.041% peak as oil climbs and stocks extend losses
Selling in U.S. Treasuries continued on Tuesday, pushing the 10-year yield to an intraday high of 5.041%, its highest level since 2007, before it ended at 5.006%. Rate-hike expectations stayed elevated ahead of the policy decision, with the CME Group’s FedWatch tool putting the probability of an increase at 92.3%. U.S. equities fell again, with the S&P 500 down 0.45%, the Dow off 0.63%, and the Nasdaq down 0.78%. Yields kept rising even after Treasury Secretary Scott Bessent said last week the department will buy back $6 billion of longer-dated debt and as the Treasury was said to be able to tap its $1 trillion General Account (TGA) to help fund expanded buybacks.
4h ago
4h ago
Ford refreshes 2027 F-150 with hands-free towing and first Carhartt edition
Ford Motor Company has unveiled a refreshed 2027 F-150 featuring hands-free towing via BlueCruise, usable across more than 130,000 miles of compatible highways while pulling trailers up to 10,000 pounds. The update also introduces the first-ever F-150 Carhartt package in partnership with the Michigan-based workwear brand. Ford said the lineup receives styling and powertrain revisions shaped by customer feedback and real-world truck use.
4h ago
4h ago
Enbridge shares fall 16% from 2026 high to $67 as dividend yield reaches 5.8%
Enbridge shares have retreated 16% from a 2026 peak to $67, lifting the dividend yield to 5.8%. The company recently announced two U.S. acquisitions, including a $600 million purchase of Permian Basin crude gathering infrastructure and a $2.6 billion deal for oil pipeline, storage and marketing assets. It also formed a joint venture with KKR and Apollo last month to help fund a $2.7 billion expansion of the Westcoast natural gas pipeline system.
4h ago
5h ago
Williams Sonoma and TJX channel portions of tariff refunds into employee bonuses and 401(k) contributions
Williams Sonoma and TJX are using portions of their tariff refunds to bolster employee compensation and benefits. Williams Sonoma said it will set aside $10 million for one-time payments into eligible employees’ 401(k) accounts. TJX said it accrued incremental expenses of $112 million for year-end incentive compensation and discretionary bonuses after receiving $331 million in refunds.
5h ago