10:00 AM EST - EnCana Corp. : said on Wednesday its second-quarter profit fell 33 percent due to large non-operating gains in the year-ago period, but the company raised its annual outlook on strength at its oilsands business. Canada's biggest oil and gas producer said net income fell to $1.45 billion, or $1.89 a share for the quarter ended June 30, from $2.16 billion, or $2.55 a share, for the same time a year earlier. EnCana Corp.
shares T.ECA are trading up $1.61 at $64.33.
