Novelis Has Talks That May Lead to Sale; Shares Soar (Update2) (Aluminum Cast Patio Furniture)
Novelis Has Talks That May Lead to Sale; Shares Soar (Update2)
Jan. 26 (Bloomberg) -- Novelis Inc., the aluminum-sheet maker spun off from Alcan Inc., said it is in talks that may lead to the sale of the company. The stock soared as much as 39 percent.
Canadian Stocks Rise, Led by Energy Producers; Suncor Gains
Jan. 26 (Bloomberg) -- Canadian stocks rose, heading for a third straight weekly gain, as energy producers including EnCana Corp. and Suncor Energy Inc. advanced on higher crude prices. Novelis Inc. surged after the aluminum-sheet maker said it may be sold.
