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Fort Chicago, Magna, OceanaGold, Teck: Canadian Equity Preview

Sept. 8 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading.

Fort Chicago Energy Partners LP (FCE-U CT): The owner of natural gas interests agreed to buy stakes in three hydroelectric power plants and one hydroelectric project in British Columbia from Enmax Corp. for a total of C$114.9 million ($109.6 million).

Forzani Group Ltd. (FGL CT): The sporting-goods retailer said it had a loss of 6 cents a share in the second quarter. Analysts had forecast a loss of 3 cents a share, according to the average of five estimates in a Bloomberg survey.

Magna International Inc. (MG CT): Canada’s largest auto-parts maker had its rating cut to “neutral” from “overweight” by Himanshu Patel, an analyst at JPMorgan Chase & Co.

OceanaGold Corp. (OGC CT): The gold producer with operations in New Zealand said its chief executive officer, Paul Bibby, has resigned for personal reasons, according to a filing with Canadian regulators.

Teck Resources Ltd. (TCK/B CT): The country’s biggest base-metals and coal producer received an “outperform” rating in new coverage from Duncan McKeen, an analyst at Macquarie Group Ltd.

Transcontinental Inc. (TCL/A CT): Canada’s largest commercial printer is scheduled to release third-quarter financial results. The average profit estimate among seven analysts in a Bloomberg survey is 37 cents a share, excluding certain items.

To contact the reporters on this story; Matt Walcoff in Toronto at mwalcoff1@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

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