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CP outlook, Valeant deal inject cheer into TSX

Started by riky, April 23, 2014, 09:00:22 AM

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riky

CP outlook, Valeant deal inject cheer into TSX

<p><a href="http://news.yahoo.com/tsx-set-open-higher-focus-earnings-113923486--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/RgiUNJRMEV8mnrkW73XH2Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-22T113923Z_1_CBREA3L0WDP00_RTROPTP_2_CBUSINESS-US-MARKETS-CANADA-STOCKS.JPG" width="130" height="86" alt="Toronto Stock Exchange logo is seen in Toronto" align="left" title="Toronto Stock Exchange logo is seen in Toronto" border="0" /></a>By Alastair Sharp TORONTO (Reuters) - Canada's main stock index notched a solid gain on Tuesday, helped by a surge in Valeant Pharmaceuticals International Inc after it said it planned to buy Botox maker Allergan Inc and an upbeat outlook from Canadian Pacific Railway Ltd . Valeant is not the only acquisition story bubbling in Canada, with major gold miner Barrick Gold Corp looking to snap up a smaller producer and its rival Goldcorp Inc having just walked away from another deal. &quot;There's nothing like acquisitions to get everybody's juices going,&quot; said John Ing, president of Maison Placements Canada.</p><br clear="all"/>

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