The Successful Investor Hotline – Friday, March 27, 2009

PETRO-CANADA, $34.68, Toronto symbol PCA, jumped 17% this week after it accepted a friendly takeover offer from Suncor Energy Inc. ($29.36, Toronto symbol SU). (Suncor is not related to Philadelphia-based refiner Sunoco Inc., New York symbol SUN.)

Under the terms of the deal, Petro-Canada shareholders will… Read More