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Scotiabank goes buying, hits 52-week high

Bank of Nova Scotia (T.BNS) hit a new 52-week high of $56.08 Monday; Scotiabank today announced a transaction to acquire 100% of the common shares in Nuevo Banco Comercial, Uruguay's fourth-largest private bank in terms of loans and deposits, as well as Pronto!, the country's third-largest consumer finance company.

Terms of the agreement with an investor group led by global private equity firm Advent International are not financially material to Scotiabank Group and were not disclosed. The transactions are subject to regulatory approvals. Scotiabank would be the first Canadian bank with a retail network in Uruguay.

C&C Energia Ltd. (T.CZE) hit a new 52-week high of $12.30 Monday; no news announcements today

Mercator Minerals Ltd. (T.ML) hit a new 52-week high of $3.80 Monday; no news announcements today

Twin Butte Energy Ltd. (T.TBE) hit a new 52-week high of $2.19 Monday; no news announcements today

New Gold Inc. (T.NGD hit a new 52-week high of $10.30 Monday; no news announcements today

Descartes Systems Group Inc. (T.DSG) hit a new 52-week high of $7.25 Monday; no news announcements today

Valeant Pharmaceuticals International, Inc. (T.VRX) hit a new 52-week high of $28.76 Monday; no news announcements today

Goodfellow Inc. (T.GDL) hit a new 52-week high of $11.99 Monday; no news announcements today

SXC Health Solutions Corp. (T.SXC) hit a new 52-week high of $46.06 Monday; no news announcements today

Mainstreet Equity Corp. (T.MEQ) hit a new 52-week high of $15.05 Monday; no news announcements today