Canadian Stocks: Cameco Shares Fall on NUKEM Announcement

Globe and Mail reported on stocks in Canada noting the market largely fell on slowing demand in China affecting metals prices.

As quoted in the market news:

Canadian uranium producer Cameco Inc. said Monday it will pay about $136-million (U.S.) cash plus assumed debt to acquire Nukem Energy, a German company that trades nuclear fuel products and services. Its shares fell 39 cents to $21.20.

Click here to read the full Globe and Mail report.