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Business Headlines Late-day bargain hunters send TSX soaring The sense of confidence that has been slowly building on the SandP/TSX exploded into a frenzy of buying yesterday afternoon, with opportunistic investors taking advantage of a rare imbalance of buyers and sellers to snap up beaten down shares just as the market closed. FIVE THINGS: THE BCE DEAL KPMG this week said BCE is unlikely to meet the solvency tests required to conclude the largest leveraged buy out in history. That leaves the $35-billion deal, set to expire Dec. 11, on the verge of collapse. Simon Avery writes Extreme prudence for extreme times The way Jowdat Waheed looks at it, when you can't see the road any more, you better pull the bus over and take the time to figure out just how you are going to get to your destination. |
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