Canadian Oil Sands shares halted, news pending

Thu Jan 29, 2015 3:56pm EST
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TORONTO Jan 29 (Reuters) - Shares in Canadian Oil Sands were halted on the Toronto Stock Exchange on Thursday, pending a news announcement.

Analysts expected the energy company, which is set to report quarterly results after market close on Thursday, to announce a sizable dividend cut in the face of the slump in oil prices.

The company could not be immediately reached for comment. (Reporting by Euan Rocha; Editing by Meredith Mazzilli)