Canadian stocks fell for a third day, to the lowest close in more than two weeks, as consumer staples and gold producers declined and investors considered mixed trade data and prospects for Federal Reserve stimulus.
Alimentation Couche-Tard Inc. lost 1.5 percent after Seven & I Holdings Co., operator of 7-Eleven convenience stores, said it may more than double its North American outlets. Canadian Pacific Railway Ltd. fell 2.8 percent as Pershing Square Capital Management LP said it will sell part of its stake. Barrick (ABX) Gold Corp. retreated 1.7 percent after saying production at its Pascua-Lama project will be delayed.
Read more...
No comments:
Post a Comment