Wednesday, July 18, 2007

Canadian Stocks Rise on Takeover Speculation; Canadian Pacific Advances

(Bloomberg) -- Canadian stocks rose for a second day,
after a report that the nation's second-largest railroad, Canadian
Pacific Railway Ltd., may receive a takeover bid.

The S&P/TSX Composite Index gained 45.61, or 0.3 percent, to
14,427.62, led by Canadian Pacific and Canadian National Railway
Co., the country's largest rail company.


Read more at Bloomberg Stocks News

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