Monday, 16 July 2007

Australia's S&P/ASX 200 Is Little Changed; Paladin Gains, Woodside Drops

(Bloomberg) -- Australia's S&P/ASX 200 Index was
little changed. Paladin Resources Ltd. rose after the Australian
Financial Review reported the uranium explorer may be the subject
of a takeover bid from Canadian rival Cameco Corp.

Woodside Petroleum Ltd. and Santos Ltd. led energy shares
lower on concerns recent gains have outstripped earnings.


Read more at Bloomberg Stocks News

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