(Bloomberg) -- Canadian railroad stocks rose on
takeover speculation, pushing an index of the country's industrial
shares to its biggest gain in almost five years, as Canadian
Pacific Railway Ltd. said it received a bid earlier this year.
The S&P/TSX Composite Index gained 81.15, or 0.6 percent, to
14,463.16, led by Canadian Pacific, the country's second-biggest
rail company, and Canadian National Railway Co., the largest.
Read more at Bloomberg Stocks News
takeover speculation, pushing an index of the country's industrial
shares to its biggest gain in almost five years, as Canadian
Pacific Railway Ltd. said it received a bid earlier this year.
The S&P/TSX Composite Index gained 81.15, or 0.6 percent, to
14,463.16, led by Canadian Pacific, the country's second-biggest
rail company, and Canadian National Railway Co., the largest.
Read more at Bloomberg Stocks News
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