Nexen (NXY) shares -10% premarket following Canada's decision to nix the Petronas/Progress...

|By:, SA News Editor

Nexen (NXY) shares -10% premarket following Canada's decision to nix the Petronas/Progress Energy deal over the weekend. Opportunity? "You've got to look at each deal on its own," writes Michael Babad, suggesting the government could see the Cnoonc/Nexen takeover in a different light than other recent high-profile rejections.