Friday, June 22, 2007

Canadian Stocks Slip as Investors Await Merger Developments: Encana Falls

(Bloomberg) -- Canadian stocks fell as investors
awaited further developments on the potential takeovers of two of
the nation's biggest companies, Alcan Inc. and BCE Inc. Such energy
companies as EnCana Corp., among the biggest advancers yesterday,
declined.

Investors may decide to lock in gains today, said Fred
Ketchen, managing director of equity trading at Scotia McLeod Inc.
in Toronto.


Read more at Bloomberg Stocks News

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