Monday, April 23, 2007

Canadian Stocks May Fall on Earnings Concern; CN Rail, Alcan May Decline

(Bloomberg) -- Canadian stocks may fall on concern that earnings don't justify share prices that lifted the Standard & Poor's/TSX Composite Index to a record last week.

Canadian National Railway Co. may report later today that profit declined because of bad weather and a strike. Alcan Inc. is scheduled to release results tomorrow, and energy companies EnCana Corp. and Suncor Energy Inc. are due to publish earnings on April 25 and April 26.


Read more at Bloomberg Stocks News

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