ARIUS Research, Suncor Energy, Zarlink: Canadian Equity Preview

By Katherine Greene

July 23 (Bloomberg) -- The following companies may have unusual price changes in Canadian trading. Stock symbols are in parentheses, and share prices are as of the last close.

The Standard & Poor's/TSX Composite Index fell 0.3 percent to 13,643.19.

ARIUS Research Inc. (ARI CN): Roche Holding AG, the world's biggest maker of cancer drugs, agreed to pay C$191 million ($189 million) in cash for the company to gain technology used to develop tumor and inflammatory disease treatments. ARIUS investors will get C$2.44 a share, 15 percent more than the Toronto-based company's closing price yesterday. The shares gained 7.6 percent to C$2.13.

Cargojet Income Fund (CJT-U CN): The overnight cargo service said second-quarter results were worse than forecast because of a delay in a plane's release and a slower economy. The shares were unchanged at C$9.75.

Lockerbie & Hole, Inc. (LH CN): The construction company said it won a C$53 million contract to build eight oil stations in Saskatchewan and Manitoba. The shares retreated 1.3 percent to C$12.90.

Liquor Stores Income Fund (LIQ-U CN): The operator of liquor stores in Alberta and British Columbia said it would enter the U.S. market by buying 19 stores from Brown Jug Inc., the largest independent chain of liquor stores in Anchorage, Alaska. Liquor Stores shares increased 83 cents to C$15.73.

Niko Resources Ltd. (NKO CN): The oil and natural gas exploration and development company will fund a project with EnerMad Corp. to explore in the Mozambique Channel. Niko shares fell 66 cents to C$81.52.

Suncor Energy Inc. (SU CN): The world's second-largest oil- sands producer received government approval to remove restrictions that curtailed output at one of its projects.

Suncor was also raised to ``sector perform'' at Canadian Imperial Bank of Commerce. The shares fell 2.2 percent to C$54.80.

TMX Group Inc. (X CN): Dundee Securities Corp. analyst John Aiken lowered his second-quarter profit estimates for the owner of the Toronto Stock Exchange to 74 cents on an adjusted basis from 77 cents, citing lower trading volumes. He maintained his ``buy'' rating on the company. TMX gained 3.3 percent to C$37.20.

Zarlink Semiconductor Inc. (ZL CN): The wireless- communications chipmaker reported first-quarter revenue of $60.5 million, more than the $59.5 million average analyst estimate, according to Bloomberg data. The shares fell 4.4 percent to 86 cents.

To contact the reporter on this story: Katherine Greene in New York at kgreene8@bloomberg.net.