Celestica, Thomson Reuters, Teck Cominco: Canada Equity Preview

By Katherine Greene and Lynn Thomasson

July 25 (Bloomberg) -- The following companies may have unusual price changes in Canadian trading. Stock symbols are in parentheses, and share prices are from the last close in Toronto.

The Standard & Poor's/TSX Composite Index fell the most in two weeks, losing 2.3 percent to 13,206.14.

Celestica Inc. (CLS CN): The maker of electrical parts said third-quarter profit may be 17 cents to 23 cents a share, compared with the 20-cent estimate from analysts in a Bloomberg survey. The stock rose 2.6 percent to C$8.63.

CE Franklin Ltd. (CFT CN): The maker of oil drilling equipment reported second-quarter profit of 5 cents a share. Analysts at Capstone Investments predicted the company would post earnings of 2 cents a share. CE Franklin shares dropped 1.2 percent to C$9.93.

Thomson Reuters Corp. (TRI CN): The news and data company formed by Thomson Corp.'s $15.9 billion purchase of Reuters Group Plc opened a television studio to bolster its multimedia operations. The shares fell 2.8 percent to C$31.66.

Teck Cominco Ltd. (TCK/B CN): Canada's largest diversified mining company may use wind or natural gas to power its biggest zinc facility, located in Alaska, as rising diesel costs curb profit from the unit. The shares fell 1.3 percent to C$38.66, their lowest value since March.

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