TSX Stocks to Watch; Monday's Trading Leaders: (TSX: HAT), (TSX: EME), (TSX: BBD.B), (TSX: TXG)
November 15, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 14, 2011. The Standard & Poor's/TSX Composite Index ended lower by 52.66 (-0.43%) to close the day at 12,224.19.
Emerge Oil & Gas Inc (TSX:EME) ended higher by 0.20 (20.20%) to end at $1.19 after the company reached an agreement to be acquired by Twin Butte for about C$170 million, consisting of about 54 million Twin Butte shares and about C$63 million in debt. Twin Butte is offering 0.585 of a share for each Emerge share.
Bombardier, Inc. (TSX: BBD.B ) gained 0.14 (3.30%) to C$4.38 on over 7.34 million shares. Today, Turkey's Atlasjet Havacilik has is looking to buy 10 Bombardier CS300 jetliners at a list price of $776 million, the planemaker said on Tuesday.
Torex Gold Resources Inc (TSX: TXG) shares added 0.09 (5.42%) to end at C$1.75 on over 2.59 million shares, compared to its average volume of 1.91 million shares. Torex Gold Resources Inc, formerly Gleichen Resources Ltd., is a development-stage company. It is a gold exploration company engaged in the acquisition, exploration and development of mineral property interests.
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