DJ Canada Hot Stocks To Watch: Patheon, Inmet, 20-20, Pengrowth
PNHNF | Quote | Chart | News | PowerRating -- Listed below are the stocks expected to move during Monday's trading session. They are listed with Friday's closing prices.
Patheon Inc. (PTI.T, C$2.99, -C$0.04, -1.3%) posted a third-quarter loss of 11 cents a share compared with a loss of 15 cents a year earlier. Revenue fell to $164.4 million from $195 million.
Inmet Mining Corp. (IMN.T, C$58.68, C$2.15, 3.8%) said it has terminated talks concerning a potential transaction involving Korea Resources Corp. and another party. Under the potential deal, the third party had planned to acquire a minority stake in Inmet with the financial support of Korea Resources.
20-20 Technologies Inc. (TWT.T, C$2.47, C$0.03, 1.0%) posted a third-quarter profit of 6 cents a share compared with a loss of 8 cents a year earlier. Revenue fell to $16.1 million from $20.4 million.
Pengrowth Energy Trust (PGH, C$9.67, C$0.07, 0.7%) said founder, chairman and chief executive James Kinnear will retire from day-to-day operations of the fund. Pengrowth has named Derek Evans as president and chief executive.
(END) Dow Jones Newswires
09-14-09 0924ET
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