Stock futures pointed to a higher opening for Canada's main stock index on Tuesday, ahead of U.S. inflation data.
The S&P/TSX composite index gained 34.23 points to close Monday at 15,338.47. Futures were up 0.2% Tuesday.
The Canadian dollar trailed 0.17 cents to 91.69 cents U.S. early Tuesday
Alimentation Couche-Tard and China's Tencent Holdings are among suitors shortlisted to buy a $16-billion minority stake in China's Sinopec Sales, the world's largest fuel retail network.
BlackBerry said on Monday it had created a new unit to house what many consider to be among its most promising assets - cryptographic applications, its QNX embedded software and Project Ion platform for connecting devices.
British Columbia said on Monday it had ordered an independent review of all tailings ponds at every permitted mine in the province in the wake of a major spill at Imperial Metals Corp's Mount Polley mine.
CIBC cut the price target on Amica Mature Lifestyles to $8 from $8.50
ON BAYSTREET
The TSX Venture Exchange dipped 5.28 points Monday to 990.62
ON WALLSTREET
U.S. stock futures were in positive territory and markets across Europe and Asia were all rising. Worries about the crises in Ukraine and Iraq continue to fade
Ahead of the opening bell, futures for the Dow Jones Industrials gained 47 points, or 0.3%, to 16,840. Futures for the S&P 500 took on 3.75 points, or 0.5%, to 1,971.25, and futures for the NASDAQ added 10 points, or 0.3%, to 4,023.25.
Shares in BHP Billiton were falling by nearly 5% pre-market after the giant global mining group said it was splitting into two separate companies.
The company's website was overwhelmed as investors rushed to read all the details. BHP Billiton was formed through a $30 billion U.S. mega-mergerin 2001, and the upcoming split will essentially undo the combination.
On the earnings front, Dick's Sporting Goods, Home Depot and TJX will report before the opening bell
Monthly inflation figures were to be released at 8:30 a.m. ET. At the same time, the U.S. Census Bureau posted data on July housing starts and building permits.
The Chinese media sector was on a tear Tuesday after China's President Xi Jinping announced plans to strengthen the industry and create credible companies. In Shanghai, shares in Shanghai Xinhua Media and People.cn both rallied by 10%, the maximum allowed in a single day.
Oil prices gained 35 cents to $96.76 U.S. a barrel
Gold prices picked up $2.80 to $1,302.10 U.S. an ounce.
Related Stories
