Tuesday, July 24, 2007

Canadian Stocks Fall a Third Day on Railroad Profits, Crude Oil Prices

(Bloomberg) -- Canadian stocks fell the most in more
than a month after Canadian Pacific Railway Ltd. followed rival
Canadian National Railway Co. in reporting a drop in profit.

Crude oil and natural-gas prices slid, dragging down energy
companies including EnCana Corp., and stoking speculation that such
gas-producing energy royalty trusts as Advantage Energy Income Fund
may cut their dividends.


Read more at Bloomberg Stocks News

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