Canadian National Railway cuts profit guidance due to strike by Teamsters

MONTREAL -- Canadian National Railway Co. is cutting its profit guidance in the wake of an eight-day strike by 3,200 workers that brought the railway to a near halt.

The railway says it is now targeting 2019 adjusted diluted earnings per share growth in the low to mid single-digit range compared with last year's adjusted diluted earnings per share of $5.50.

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