BELLUS Health Inc. (BLUSF)

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Canada Hot Stocks To Watch: MPX.UN.T MBT.T NRMX SWS.UN.T -2-

Dec 7, 2007 09:07:36 (ET)

TORONTO (Dow Jones)--Below are the stocks expected to move during Friday's trading session. They are listed with Thursday's closing prices.

EXFO Electro-Optical Engineering Inc. (EXFO, C$5.50, C$0.23, 4.4%) expects 1Q GAAP EPS of nil a share, below its guidance for earnings of 1-4c. Gross margin is expected to fall below expectations. Desjardins and RBC cut their target prices on the stock following the news.

Le Chateau Inc. (CTU.A.T, C$13.50, C$0.50, 3.8%) said 3Q net rose to C$0.39 a share from C$0.34 and sales rose 5.5% to C$82.1M. Same-store sales increased 0.4%. Versant raised its rating to strong buy from buy and boosted its target price to C$19.75 from C$16.50.

Gildan Activewear Inc. (GIL, $39.35, $1.95, 5.2%) said 4Q net jumped to 34c a share from 14c. Adjusted earnings were 38c versus 30c. It confirmed fiscal 2008 earnings guidance of $1.85 a share.

IMAX Corp. (IMAX, $4.64, C$0.01, 0.2%) has signed a 100-theater deal with AMC Entertainment for the installation of digital projection systems at AMC locations in 33 major U.S. markets.

Impax Energy Services Income Trust (MPX.UN.T, C$2.30, C$0.08, 3.6%) is suspending its monthly cash distributions and reviewing further alternatives to reduce costs.

Manitoba Telecom Services Inc. (MBT.T, C$45.00, C$0.25, 0.6%) projects 2008 EPS of C$2.95-C$3.15 a share and revenue of C$1.92B-C$1.98B. Also sees EBITDA up 1-3%.

Neurochem Inc. (NRMX, C$2.78, -C$0.04, -1.4%) said the U.S. FDA has acknowledged that its response to the July 2007 approvable letter for the NDA for eprodisate (KIACTA) for the treatment of Amyloid A amyloidosis is a complete, Class 2 response.

Swiss Water Decaffeinated Coffee Income Fund (SWS.UN.T, C$7.00, C$0.25, 3.7%) said a key customer is continuing to experience significant delays in receiving its 4Q contracted Colombian coffees from a key supplier. Swiss Water said this will reduce its projected 4Q process volumes.

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December 07, 2007 09:07 ET (14:07 GMT)