Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Nexen, Pembina Pipeline, Potash Corp.: Canadian Equity Preview

Nov. 16 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading.

Alliance Grain Traders Inc. (AGT CT): The company, which calls itself the world’s largest lentil and pea splitter, had its rating raised to “sector outperform” from “sector perform” by Christine Healy, an analyst at Bank of Nova Scotia.

Centerra Gold Inc. (CG CN): The company, which mines in Kyrgyzstan and Mongolia, decided to exercise an option to increase its interest in the Kara Beldyr joint venture in Russia to 70 percent by spending a further $4 million on exploration on the property over a two-year period.

Farallon Mining Ltd. (FAN CT): The zinc producer with operations in Mexico said Nyrstar NV has agreed to offer 80 cents a share in cash for the company in a friendly takeover bid. Farallon shares closed unchanged at 65 cents a share before the announcement.

Great Basin Gold Ltd. (GBG CN): The company, which explores for gold in South Africa and the U.S., posted a third-quarter loss excluding some items that was wider than the average analyst estimate.

Magma Energy Corp. (MXY CT): The geothermal energy producer said it earned 5 cents a share in the first quarter. Steven Li, an analyst at Raymond James Financial Inc., and Jeremy Mersereau, an analyst at National Bank of Canada, had estimated the company would earn 1 cent a share, excluding certain items.

Nexen Inc. (NXY CT): Executives from the oil and gas company with operations on five continents are making presentations to investors beginning at in Calgary.

Pembina Pipeline Corp. (PPL CT): The transporter of oil and gas in western Canada said it will sell at least C$250 million ($248 million) of debt that can be converted into stock.

Potash Corp. of Saskatchewan Inc. (POT CT): The world’s largest fertilizer producer by market value may move after OAO PhosAgro of Moscow said it is seeking talks with the Canadian government about a potential bid for the company. The government rejected BHP Billiton Ltd.’s $40 billion bid as not having a net benefit to Canada.

To contact the reporter on this story; Matt Walcoff in Toronto at

To contact the editor responsible for this story: Nick Baker at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.