09:58 AM EST - Canexus Income Fund : said Friday third-quarter profit at operating division Canexus LP dropped to $11 million from a year-earlier $23.8 million. The fund indirectly owns 38.6 percent of Canexus LP, a chemicals spinoff of oil producer Nexen Inc. The fund declared cash distributions of $6.9 million during the quarter, for a payout ratio of 83 percent. Canexus Income Fund
T.CUS.UN are trading unchanged at $7.70.