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Husky shares rise 3 pct after Reuters breaks news of spin-off plan

Husky shares rise 3 pct after Reuters breaks news of spin-off plan

Husky Energy Inc shares rose more than 3 percent, in the 30 minutes after Reuters broke news on April 21 that the Canadian oil company was planning to spin off its oil and natural gas fields in Southeast Asia into a separate company. Bloomberg followed up with a story nearly half an hour later crediting Reuters for its information and Dow Jones ended up following the piece nearly two hours later, when Husky released the CEO`s statement through an email.

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