Friday, 11 May 2007

Canadian Stocks Rise, Led by Energy Shares; Thomson Advances on Unit Sale

(Bloomberg) -- Canada's main stock index rose a record, led by commodity producers including EnCana Corp. and Alcan Inc., as rising materials prices spurred speculation there will be more asset sales and takeovers.

Shares of Thomson Corp. rose after it realized a greater-than- expected $7.75 billion in an asset sale, adding muscle to its takeover bid for Reuters Group Plc.


Read more at Bloomberg Stocks News

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