(Bloomberg) -- Canada's main stock index fell the most
in more than three years, after Canadian Pacific Railway Ltd.
followed larger rival Canadian National Railway Co. in reporting a
drop in profit, and said the rising Canadian dollar poses a
challenge to earnings.
Crude oil and natural-gas prices slid, dragging down energy
companies including EnCana Corp., and stoking speculation that such
gas-producing energy royalty trusts as Advantage Energy Income Fund
may cut their dividends.
Read more at Bloomberg Stocks News
in more than three years, after Canadian Pacific Railway Ltd.
followed larger rival Canadian National Railway Co. in reporting a
drop in profit, and said the rising Canadian dollar poses a
challenge to earnings.
Crude oil and natural-gas prices slid, dragging down energy
companies including EnCana Corp., and stoking speculation that such
gas-producing energy royalty trusts as Advantage Energy Income Fund
may cut their dividends.
Read more at Bloomberg Stocks News
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