West Fraser Timber Co. (WFT.T, C$50.93, -C$0.52, -1.0%) posted improved sales and earnings from continuing operations in the second quarter, helped by higher lumber prices. Analysts said the results exceeded expectations.
Canada's labor minister named William Kaplan as the arbitrator in a labor dispute between Canadian Pacific Railway Ltd. (CP, C$76.47, C$0.72, 1.0%) and the Teamsters Canada union, which represents some workers at the railroad. The government passed a bill to end a strike at CP in late May.
Antrim Energy Inc. (AEN.T, C$0.69, unchanged) got a rating boost to speculative buy from hold by Salman.