Stocks in Play

Royal Bank of Canada

09:59 AM EST - Royal Bank of Canada : said on Thursday third-quarter profit fell 10 percent after $498 million in writedowns, but charges were lower than many had feared and underlying profit beat market expectations. Canada's largest bank reported net income of $1.26 billion, or 92 cents per share, in the three months ended July 31. That compared with a profit of $1.39 billion, or $1.06 per share, in the same 2007 period. Royal Bank of Canada shares T.RY are trading up $1.54 at $46.84.