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7/22/2014 - 10:36 AM EST - Canadian National Railway Company : reported its financial and operating results for the second quarter and six-month period ended June 30, 2014. Net income was $847 million, or $1.03 per diluted share, compared with net income of $717 million, or $0.84 per diluted share, for the year-earlier quarter. The Q2-2013 results included a net gain of $13 million ($0.01 per diluted share) resulting from a gain on a non-monetary transaction with another railway that was partly offset by the effect of the enactment of higher provincial corporate income tax rates. Canadian National Railway Company shares T.CNR are trading up $1.59 at $74.54.