The Standard & Poor's/TSX Composite Index rose 312.92, or 2.2 percent, to 14,625 in Toronto.
Barrick Gold Corp. (ABX CN): The world's largest gold producer had third-quarter profit before one-time items of 39 cents a share, less than the average 40-cent estimate of 17 analysts surveyed by Bloomberg. Sales rose 7.8 percent to $1.68 billion, Toronto-based Barrick said in a statement distributed by Marketwire. The shares gained C$1.63, or 4 percent, to C$42.
Brick Brewing Co. (BRB CN): The beer maker abandoned plans to sell itself and Chief Executive Officer Doug Berchtold resigned effective Nov. 2, the Waterloo, Ontario-based company said in a statement. Executive Chairman Jim Brickman will take over until a successor is found. The shares added 1 cent, or 0.7 percent, to C$1.36. They're down 42 percent in 2007.
Noront Resources Ltd. (NOT CN) shares were halted on Toronto's TSX Venture Exchange by Canada's market regulator after the mining-exploration company surged 65 cents, or 12 percent, to C$5.93. Trading was halted ``pending news,'' Market Regulation Services Inc. said in a statement released by Canada NewsWire. Noront Chief Executive Officer Richard Nemis wasn't immediately available to comment.
Rogers Communications Inc. (RCI/B CN): Canada's biggest mobile-phone company may say that third-quarter earnings were 40 cents a share before one-time items, on sales of C$2.68 billion, according to the average estimate in a Bloomberg survey of analyst. On that basis, Rogers earned 43 cents a share on sales of C$2.53 billion in the year-ago quarter.
Silver Wheaton Corp. (SLW CN): The silver miner said that third-quarter profit fell to $19.2 million, or 8 cents a share, from $22.5 million, or 9 cents a share. Earnings before one-time items were 8 cents a share, beating the 7 cents average estimate of six analysts in a Bloomberg survey. The shares gained 84 cents, or 5.5 percent, to C$15.99
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