(Bloomberg) -- Canadian stocks rose for a third day,
erasing an early decline as metals producers including First
Quantum Minerals Ltd. climbed after Xstrata Plc said it's ready
to spend ``several billion'' dollars on acquisitions.
``The largest contributor in the market has been M&A,'' said
Michael Sprung, who overseas about $50 million as president of
Sprung & Co. Investment Counsel in Toronto. ``That continues to
create a lot of excitement in the mining industry.''
Read more at Bloomberg Stocks News
erasing an early decline as metals producers including First
Quantum Minerals Ltd. climbed after Xstrata Plc said it's ready
to spend ``several billion'' dollars on acquisitions.
``The largest contributor in the market has been M&A,'' said
Michael Sprung, who overseas about $50 million as president of
Sprung & Co. Investment Counsel in Toronto. ``That continues to
create a lot of excitement in the mining industry.''
Read more at Bloomberg Stocks News
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