Talisman Energy, Yamana Gold: Canadian Equity Preview
(Corrects currency in Talisman item.)
Shares of the following companies may have unusual moves in Canadian trading.
CML HealthCare Inc. (CLC CN): The owner of medical-imaging centers and laboratories said its chief executive officer, Paul J. Bristow, and chief operating officer, Kent Nicholson, have left the company.
Kinross Gold Corp. (K) : The country’s third-biggest gold producer said it earned 16 cents a share in the first quarter, surpassing the average of 16 analyst estimates by 19 percent, excluding certain items.
MacDonald, Dettwiler & Associates Ltd. (MDA CN): The aerospace and defense contractor reported first-quarter profit of 69 Canadian cents a share, beating the average of seven analyst estimates by 23 percent, excluding certain items.
Mullen Group Ltd. (MTL) : The oilfield-services and trucking company said it has agreed to buy Drumheller, Alberta- based trucking company Hi-Way 9 Express Ltd. and associated companies. Mullen Group forecast the purchase will add about C$50 million ($52 million) to its revenue.
Talisman Energy Inc. (TLM) : The oil and gas producer with operations in North America, the North Sea and Indonesia reported first-quarter profit of 15 cents a share, excluding certain items, missing the average of 12 analyst estimates by 50 percent.
Torstar Corp. (TS/B) (TS/B CN): The owner of the Toronto Star raised its quarterly dividend 35 percent to 12.5 Canadian cents a share, as of the dividend payable June 30.
Yamana Gold Inc. (YRI) : Canada’s fourth-largest gold producer said it earned 21 cents a share in the first quarter, missing the average of 14 analyst forecasts by 5.4 percent, excluding certain items.
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