(Bloomberg) -- Canadian stocks may rise on takeover
speculation after BCE Inc., Canada's largest phone company, said
it's in talks about a possible sale to Telus Corp., the fourth
party to consider what would be the country's biggest buyout.
Canadian Natural Resources Ltd. may lead energy shares higher,
after crude oil prices approached $70 a barrel. Gains in the market
may be limited as interest-rate sensitive financial shares decline
on rising bond yields in the U.S., the world's largest economy.
Read more at Bloomberg Stocks News
speculation after BCE Inc., Canada's largest phone company, said
it's in talks about a possible sale to Telus Corp., the fourth
party to consider what would be the country's biggest buyout.
Canadian Natural Resources Ltd. may lead energy shares higher,
after crude oil prices approached $70 a barrel. Gains in the market
may be limited as interest-rate sensitive financial shares decline
on rising bond yields in the U.S., the world's largest economy.
Read more at Bloomberg Stocks News
No comments:
Post a Comment