BNN.ca staff and Reuters
11:33 AM, E.T. | July 4, 2011
Energy & Resources
Shares of Sino-Forest (TRE-T 4.91 1.71 53.44%) are rising after Wellington Management Company disclosed an 11.52 percent stake in the Toronto-listed Chinese timber firm. Wellington Management is a Boston-based investment firm with more than $600 billion US under management.