Wednesday, January 24, 2007

Nexen (NXY) Mentioned As Takeover Target

Nexen (NYSE: NXY) : NXY, a Canadian based, global energy company, has been mentioned as a potential acquisitions target of TOT. NXY option volume has been heavy over the last two days. NXY February option implied volatility of 44 is above its 6-month average of 40 according to Track Data. Paul Foster

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