(Bloomberg) -- Canadian stocks declined for a third day, led by Research In Motion Ltd., whose shares plunged after its profit forecast fell short of analysts' estimates.
Also weighing on the market was speculation that inflation may prompt the Federal Reserve to increase borrowing costs in the U.S., Canada's biggest trading partner. A report showed that U.S. import prices rose more than twice as much as forecast in March.
Read more at Bloomberg Stocks News
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