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Canadian Stocks Drop, Led by Banks, on Bear Stearns Fire Sale (Bloomberg.com)

admin March 17, 2008 Royal Mail Leave a comment 283 Views

March 17 (Bloomberg) — Canadian stocks dropped, led by Royal Bank of Canada and other financial companies, on concern mortgage- related losses will mount after U.S. bank Bear Stearns Cos. was sold over the weekend for a 10th of its market value.

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