(Bloomberg) -- Canadian stocks may rise for a third
day, led by shares of such raw-materials producers as Barrick Gold
Corp., on optimism earnings will increase as prices for gold and
copper rise. Takeovers may also propel the market.
Shares of Alcan Inc., Canada's biggest aluminum producer, may
be active on reports that Alcoa Inc.'s hostile takeover bid, which
expires tomorrow, may be topped by Rio Tinto Group. Alcoa is
scheduled to report second-quarter earnings today.
Read more at Bloomberg Stocks News
day, led by shares of such raw-materials producers as Barrick Gold
Corp., on optimism earnings will increase as prices for gold and
copper rise. Takeovers may also propel the market.
Shares of Alcan Inc., Canada's biggest aluminum producer, may
be active on reports that Alcoa Inc.'s hostile takeover bid, which
expires tomorrow, may be topped by Rio Tinto Group. Alcoa is
scheduled to report second-quarter earnings today.
Read more at Bloomberg Stocks News
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