Economic Calendar

Tuesday, July 15, 2008

Alimentation Couche-Tard, Scotiabank: Canadian Equity Preview

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By John Kipphoff

July 15 (Bloomberg) -- The following companies may have unusual price changes in Canada trading. Stock symbols are in parentheses, and share prices are from the previous close.

The Standard & Poor's/TSX Composite Index rose 0.2 percent to 13,741.29.

Alimentation Couche-Tard Inc. (ATD/B CN): The second-biggest North American convenience-store operator may report fourth- quarter profit of 13 cents a share before some items, the average estimate of nine analysts in a Bloomberg survey. The shares fell 0.8 percent to C$11.80.

Bank of Nova Scotia (BNS CN): Canada's third-biggest bank agreed to pay $442 million for E*Trade Financial Corp.'s (ETFC US) Canadian unit to double its online-brokerage business. The shares fell 3.6 percent to C$43.82.

To contact the reporter on this story: John Kipphoff in Toronto at jkipphoff@bloomberg.net.


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