Canadian Pacific Railway, Quebecor: Canadian Equity Preview

The following is a list of companies whose shares may have unusual price changes in Canadian markets. Symbols are in parentheses after company names and prices are from the last close.

The Standard & Poor's/TSX Composite Index rose 263.03, or 2 percent, to 13,632.15.

Canadian Pacific Railway Ltd. (CP CN): Debt for the country's second-largest railroad was cut to the lowest investment-grade rating by Moody's Investors Service, which cited the carrier's pending purchase of the Dakota, Minnesota & Eastern Railroad Corp. Canadian Pacific added $1.50 to $64.75.

Quebecor Inc. (QBR/B CN): Canada's government will block the country's largest phone companies from buying some airwaves in a planned auction next year, setting them aside for new wireless carriers to foster competition. The government will permit Quebecor Inc. and companies that have less than 10 percent of the national wireless market to bid on an exclusive 40-megahertz block of airwaves. Quebecor added 12 cents to C$37.06.
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