Imax, Research In Motion, Sun Life: Canadian Equity Preview
Stock Chart for Imax Corp (IMAX)
Shares of the following companies may have unusual moves in Canadian trading. Canadian markets were closed July 1 for the Canada Day holiday.
Canadian Overseas Petroleum Ltd. (XOP) : The oil and gas explorer said it expects Liberia to approve its proposed $85 million purchase of an offshore block in the third quarter. The company said in May that the acquisition should close around June 30.
Imax Corp. (IMX) : The maker of giant-screen movie- projection systems may move after the movie “Transformers: Dark of the Moon” set a July 4 weekend record with $97.4 million in U.S. and Canadian ticket sales. The film was shown on 146 U.S. Imax screens and at least 117 Imax screens elsewhere.
Research In Motion Ltd. (RIM) : The BlackBerry maker said a committee of independent directors will study the company’s corporate governance structure. Northwest & Ethical Investments LP will withdraw a proposal to separate the roles of chairman and chief executive officer from RIM’s annual meeting agenda.
Sun Life Financial Inc. (SLF) : The country’s third- biggest insurer said Chief Executive Officer Donald Stewart will retire on Nov. 30 and be replaced by Chief Operating Officer Dean Connor.
Wi-LAN Inc. (WIN) : The technology-patent owner said it reached an agreement with Texas Instruments Inc. to end Wi-LAN’s lawsuit against the company.
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