(Bloomberg) -- Canadian stocks rose for a third time in
four days and headed for a weekly gain, as takeover speculation
lifted shares of raw-materials producers and telephone companies.
Alcan Inc. advanced on a report that Rio Tinto Group hired
bankers to help it consider a bid for the aluminum maker. Telus
Corp. extended gains made following BCE Inc.'s takeover last week
in the biggest buyout. Research in Motion Ltd. fell after reaching
a record yesterday.
Read more at Bloomberg Stocks News
four days and headed for a weekly gain, as takeover speculation
lifted shares of raw-materials producers and telephone companies.
Alcan Inc. advanced on a report that Rio Tinto Group hired
bankers to help it consider a bid for the aluminum maker. Telus
Corp. extended gains made following BCE Inc.'s takeover last week
in the biggest buyout. Research in Motion Ltd. fell after reaching
a record yesterday.
Read more at Bloomberg Stocks News
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