Molson shares down slightly after profit warning; CEO upbeat on merger

Other author's news:

• Pipeline owner Enbridge Income Fund earns $2.4 million in fourth quarter - CALGARY (CP) - The Enbridge Income Fund reported a quarterly profit of $2.4 million on Monday, down from the same 2003 period on lower earnings at the Alliance Canada gas line.
• Sun Life's MFS U.S. mutual fund unit struggles to recover from scandal - TORONTO (CP) - The hedge fund fad is "going to blow up" while the mutual funds of Sun Life Financial's disgraced MFS Investment Management subsidiary are returning to favour, the head of the Canadian insurer's Boston-based fund unit said Tuesday.
• Technicoil Corp. Q4 earnings rise to $1.6M from $587,747 on revenue hike - CALGARY (CP) - Oilfield services company Technicoil Corp. says its fourth-quarter profit rose to $1.6 million, from $587,747, on record-high revenue - while full-year earnings more than tripled.

Similar news:

• Oracle Upbeat Despite Sector's Profit Warnings - At the annual meeting, executives point to the company's growth. CEO Larry Ellison makes the case for consolidation.
• Molson issues earnings warning: slow sales in Canada, weak profit in Brazil, - MONTREAL (CP) - Molson Inc. has served up a warning of disappointing summer-quarter earnings, saying sales have been slow in Canada and profitability has been squeezed in Brazil.
• Stocks End Lower After Profit Warnings - NEW YORK (Reuters) - US stocks sagged on Thursday as a warning from Pfizer Inc. hit the blue-chip Dow and nagging worries about slowing growth in corporate profits and the economy kept the market under pressure.

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