Canadian Stocks Eke Out Modest Gains -- Canadian Commentary

(RTTNews) - Canadian stocks crept higher Monday, extending a run of choppy trading as gains among banks offset weaker energy and health care stocks.

The S&P.TSX Composite Index was up 42.13 points, or 0.29 percent, to 14,682.01.

In corporate news, a Barron's report said Goldcorp (G.TO) shares may surge 40 percent as the company's cost-cutting benefits the bottom line. Shares rose 1 percent.

Valeant (VRX.TO) has been sued by drug buyers over Philidor ties and alleged racketeering. Shares fell 1.9 percent.

Logan International Inc. (LII.TO) it will be acquired by Rubicon Oilfield for C$1.49 per share. Shares surged 90 percent.

Vena Resources (VEM.TO) appointed Bill Williams As CEO.

The target price on Blackberry (BB.TO) shares was lifted to $8 from $7 at JP Morgan. The stock was down fractionally.