Centerra Gold, Research In Motion: Canadian Equity Preview
Shares of the following companies may have unusual moves in Canadian trading.
Centerra Gold Inc. (CG) : The gold producer with operations in Kyrgyzstan and Mongolia had its rating raised to “buy” from “hold” by Steven Butler, an analyst at Canaccord Financial Inc.
Cott Corp. (BCB) : The maker of non-alcoholic drinks was raised to “buy” from “hold” at Stifel Financial Corp.
Research In Motion Ltd. (RIM) : The BlackBerry maker said it will cut 2,000 jobs, or about a tenth of its workforce, as sales slow amid market share losses to Apple Inc.’s iPhone.
Yamana Gold Inc. (YRI) : Canada’s fourth-largest gold producer had its rating cut to “neutral” from “overweight” by Patrick Chidley, an analyst at HSBC Holdings Plc.
To contact the reporters responsible for this story: Matt Walcoff in Toronto at mwalcoff1@bloomberg.net
To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net