Thursday, May 17, 2007

Canadian Stocks Notch 7th Record This Month as Energy Producers Advance

(Bloomberg) -- Canadian stocks rose, lifting the main stock benchmark to its seventh record this month, as energy companies including EnCana Corp. climbed along with oil prices.

BCE Inc. gained on a report that there may be another bidder for Canada's biggest phone company. The takeover speculation overshadowed a decline in raw-materials shares as lower gold and copper prices sent companies such as Barrick Gold Corp. lower.


Read more at Bloomberg Stocks News

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