Stock futures pointed to a lower opening for Canada's main stock index on Tuesday.
The S&P/TSX composite index added 36.29 points to conclude the week at 15,264.81. March futures were down 0.2% Tuesday morning. Markets were closed Monday for Family Day.
The Canadian dollar gained 0.58 cents to 80.8 cents U.S. early Tuesday.
Restaurant Brands International Inc, formed out of Burger King's takeover of Canadian coffee and doughnut chain Tim Hortons last year, reported a net loss in its first quarterly results after the merger.
Fairfax Financial Holdings said it would buy Brit Plc for about $1.88 billion U.S. to become one of the top five underwriters on the Lloyd's of London market.
Canadian Pacific Railway and Teamsters Canada have agreed to seek mediated arbitration, ending a one-day strike at the country's number-two railway, Labour Minister Kellie Leitch said on Monday.
Barclays Capital initiated coverage on Hudson's Bay Co. with an equal weight rating, and $27.00 price target
RBC Capital Markets cut the rating on IGM Financial to sector perform from outperform
CIBC World Markets raised the target price on to $33.00 from $30.00
Economically speaking, Statistics Canada reported that foreign investors cut their holdings of Canadian securities by $13.5 billion in December, mostly due to huge divestments in bonds and equities. Meanwhile, Canadian investors acquired $13.9 billion of foreign securities, mostly in U.S. instruments.
Elsewhere, the Canadian Real Estate Association was due out this morning with national home sales figures.
ON BAYSTREET
The TSX Venture Exchange added 4.07 points Friday to 696.51
ON WALLSTREET
U.S. stock futures are looking relatively stable.
Ahead of the opening bell, futures for the Dow Jones Industrials dipped 26 points, or 0.1%, to 17,956. Futures for the S&P 500 stepped back 4.5 points, or 0.2%, to 2,089, and futures for the NASDAQ eked ahead 1.5 points to 4,378.50.
Investors are being urged to watch trading in oil services company Transocean Tuesday. Trading volume could be higher than normal after the company announced its CEO is leaving and it's planning to slash its dividend payments.
Goodyear Tire is reporting earnings before the opening bell. Retailer Fossil and restaurant chain Potbelly will report after the close.
European stock markets are mixed in afternoon trading. Greek stock markets took a dive but then recovered most of their losses.
Greece has to figure out a plan to pay its bills and debts in the coming months and years, but the country's prospects are looking increasingly grim.
Greece's €240-billion ($273.1-billion U.S.) bailout program -- which is keeping it afloat -- is set to expire at the end of February. Without a new agreement with creditors, Greek banks could lose access to cash from the European Central Bank, and Greece could be ultimately forced out of the euro-zone.
Asian markets were mixed, though indexes in Hong Kong and Shanghai were solidly up.
Oil prices eased 0.3% to $52.63 U.S. a barrel
Gold prices slipped 0.4% to $1,222.60 U.S. an ounce.
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