Energy

Bloomberg.com reports that Canadian stocks were up today, driven in part by natural-resource stocks on news of acquisitions

Bloomberg.com reports that Canadian stocks were up today, driven in part by natural-resource stocks on news of acquisitions.

The story is quoted as saying:

The Talisman deal “is positive for Canadian stocks,” said Mathieu Roy, who helps manage C$1.5 billion ($1.47 billion) as a money manager at Louisbourg Investments Inc. in Moncton, New Brunswick. “It suggests the money’s there to develop. A lot of Canadian companies with North American resources can grow them more quickly because they won’t have any trouble finding partners.”

To access the whole story, click here.

MARKETS

Markets
TSX19545.94+40.61
TSXV655.20+0.44
DOW32812.50+416.33
S&P 5004155.17+63.98
NASD12668.16+319.40
ASX6975.90-22.20

COMMODITIES

Commodities
Gold1783.36+19.74
Silver20.32+0.33
Copper3.45-0.02
Palladium2059.00+64.00
Platinum910.50+13.50
Oil91.03+0.37
Heating Oil3.43+0.01
Natural Gas8.36+0.09

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