Jean Coutu, Sandvine, Whitemud Resources: Canada Equity Preview

By John Kipphoff

July 7 (Bloomberg) -- The following companies may have unusual price changes in Canadian trading tomorrow. Stock symbols are in parentheses, and share prices are from the last close in Toronto.

The Standard & Poor's/TSX Composite Index fell 2.1 percent to 13,712.80.

Jean Coutu Group Inc. (PJC/A CN): The Canadian pharmacy chain that sold its U.S. stores to Rite Aid Corp. (RAD US) last year may report second-quarter earnings before one-time items of 14 cents a share, the average estimate of four analysts in a Bloomberg survey. The shares dropped 5.3 percent to C$7.94.

Sandvine Corp. (SVC CN): The developer of broadband-network gear may say that fiscal fourth-quarter profit before items was 3 cents a share, the average estimate of six analysts polled by Bloomberg. Sandvine fell 5.8 percent to C$1.45.

Whitemud Resources Inc. (WMK CN): The developer of kaolin deposits in Canada was rated ``buy'' in new coverage by Pierre Lacroix at Desjardins Securities. The Montreal-based analyst set a share-price target of C$11.50. Whitemud rose 0.7 percent to C$6.95.

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