Tuesday, April 17, 2007

Canadian Stocks Advance on BCE Takeover Talks; Telus, Rovers Shares Rise

(Bloomberg) -- Canadian stocks rose for a fourth day on merger speculation, after BCE Inc. said it's in talks with Kohlberg Kravis Roberts & Co. and three Canadian pension funds about a sale, which would be the country's biggest buyout ever.

Gains in the market were limited after a report showed a decline last month in industrial production in the U.S., Canada's biggest export market.


Read more at Bloomberg Stocks News

No comments: