Chemtrade, Harry Winston May Move: Canadian Equity Preview

By John Kipphoff

Sept. 10 (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 3.9 percent to 12,146.76.

Chemtrade Logistics Income Fund (CHE-U CN): The provider of industrial chemicals said that it expects its Beaumont, Texas, plant to resume production by mid-November, after being shut down on Aug. 21 because of an explosion. The company hasn't determined the amount of any insurance claim it will make, Toronto-based Chemtrade said in a statement on Canada NewsWire. The units dropped 11 percent to C$10.70.


Harry Winston Diamond Corp. (HW CN): The co-owner of the Diavik mine in northern Canada said second-quarter profit more than doubled to $49.9 million (C$53.5 million) from $20.1 million. Per-share net income of 81 cents a share topped the 44- cent average estimate of four analysts surveyed by Bloomberg. The shares fell 8.5 percent to C$17.38.

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