“It’s getting a little, shall we say, probably a little bitstretched,” said Masionis. He said a pullback is probably duebut that the TSX is not likely to return to its March lows. That sentiment was echoed by Steve Ibel, an institutionalequities trader at Beacon Securities in Halifax, Nova Scotia,who expects a “fairly aggressive” selloff in the next fewweeks. “As we go into May we’ll face some pretty harshresistance,” he said.Ibel said he will be eyeing the results of U.S. bankstress tests, which may set the direction for stock markets.The U.S. government is due to release details on Friday of howit is conducting stress tests, and some banks may also startreceiving the results of the tests.[ID:nN23327632] In corporate news, Potash Corp of Saskatchewan(POT.TO)(POT.N), the world’s biggest fertilizer company,reported a 46 percent drop in first-quarter profit and loweredits full-year outlook as it anticipates a slow recovery for thesector. Potash was the biggest drag on the index, with itsshares dropping nearly 3 percent to C$97.49.
Contract electronics maker Celestica (CLS.TO) gained 13percent to C$6.42 as its quarterly profit topped expectations[ID:nN22546115]. ($1=$1.22 Canadian) (Reporting by Ka Yan Ng; editing by Peter Galloway) Stocks Global Markets. As first reported by TSN this morning, the Chicago Blackhawks will host the Detroit Red Wings in next season’s NHL Winter Classic.Since the success of last January’s game between the Sabres and the Penguins, rumours have been swirling as to where the event may be held next.Although no site is confirmed, rumoured venues include Wrigley Field, home of the Cubs or Soldier Field which is the stadium for the Chicago Bears.An outdoor game is always exciting. Factor in the Windy City, Patrick Kane, Jonathan Toews and the exciting young Blackhawks taking on the Western Conference, and possibly Stanley Cup champion Red Wings, and this years Winter Classic will be another fantastic game.No date has been set but the game will take place in January, likely again on New Years Day.. (Refiles to attach headline) Stocks | Global Markets * Q1 EPS $0.40 vs.
est $0.37 last year * Q1 revenue up 12 percent to $163.5 mln * Maintains 2009 view April 23 (Reuters) – Outpatient surgery-center operatorAmSurg Corp (AMSG.O) reported an 8 percent rise infirst-quarter profit, driven by the addition of new centers,and the company reaffirmed its 2009 forecast. The company also sees second-quarter profit in the range of40 cents to 42 cents per share. Analysts on average expected 41cents, before special items, according to Reuters Estimates. For the first quarter, the company earned $12.6 million, or40 cents per share, from continuing operations attributable tocommon shareholders, compared with $11.6 million, or 37 cents ashare, last year Revenue rose 12 percent to $163.5 million. Analysts on average had expected 39 cents a share, beforeitems, on revenue of $159.9 million. The addition of 21 new centers since the first quarter oflast year primarily drove a 13 percent rise in total proceduresfor the latest quarter, the company said.