Showing posts with label Canadian stocks. Show all posts
Showing posts with label Canadian stocks. Show all posts

Monday, July 30, 2007

Canadian Stocks Rebound From Biggest Weekly Loss in 6 Years; Barrick Gains

(Bloomberg) -- Canadian stocks rose after investors
speculated that the biggest weekly sell-off in almost six years
was overdone given that demand for commodities may keep boosting
prices and earnings, and trigger more takeovers.

Barrick Gold Corp. paced gains in raw-material shares, which
had among the biggest declines last week, on higher prices for
bullion and natural gas. Canadian Pacific Railway Ltd. led
industrial companies higher.


Read more at Bloomberg Stocks News

Canadian Stocks Rebound From Biggest Weekly Loss in 6 Years; EnCana Gains

(Bloomberg) -- Canadian stocks rose after investors
speculated that the steepest weekly sell-off in almost six years
was overdone.

EnCana Corp. paced gains in energy and raw-material stocks,
which had among the biggest declines last week, on higher prices
for natural gas.


Read more at Bloomberg Stocks News

Friday, July 20, 2007

Canada Stocks May Fall on Slowing Chinese Demand; Barrick, Inmet May Fall

(Bloomberg) -- Canadian stocks may fall after China
raised interest rates and U.S. companies, including Google Inc. and
Caterpillar Inc., reported profit below analysts' estimates.

Gold prices in London declined on speculation that the three-
week rally was overdone, given expectations for increased sales
from central-bank reserves. Barrick Gold Corp., the world's biggest
gold producer, and Inmet Mining Corp. may decline, based on bids
submitted to the Toronto Stock Exchange.


Read more at Bloomberg Stocks News

Wednesday, July 18, 2007

Canada Stocks May Rise on Canadian Pacific Buyout Talk, Slower Inflation

(Bloomberg) -- Canadian stocks may rise for a second
day after a report said Canadian Pacific Railway Ltd. may receive a
takeover bid and inflation unexpectedly fell.

Canadian Pacific, the nation's second-largest railroad, may be
bought by a group led by Brookfield Asset Management Inc., the
Globe and Mail said, citing unidentified people familiar with the
matter. The first decline in inflation in eight months could boost
shares of financial companies as pressure subsides for the Bank of
Canada to raise interest rates.


Read more at Bloomberg Stocks News