Stock futures pointed to a slightly lower opening for equities in Toronto on Wednesday.
The S&P/TSX composite index zoomed 124.05 points to close Tuesday at 15,081.26, with June futures down 0.1% Wednesday.
The Canadian dollar fell 0.08 cents to 79.92 cents U.S. early Wednesday.
Senior engineers at Canada's energy regulator are under investigation by their professional association over their probe of alleged safety code violations at TransCanada Corp., Canada's second largest pipeline operator.
One top official said an unusually harsh winter is one of the reasons Canadian National Railway suffered a sharp increase in the number of train accidents in 2014.
RBC raised the rating on Bombardier to outperform from sector perform
Morgan Stanley raised the target price on Semafo to $5.00 from $4.75
BMO cut the price target on Canadian Utilities to $41.50 from $42.50
ON BAYSTREET
The TSX Venture Exchange moved higher 3.64 points Wednesday to 674.20
ON WALLSTREET
U.S. stock futures are looking relatively placid Wednesday, except for Kraft. European stock markets are mixed in early trading. Asian markets ended with mixed results.
Ahead of the opening bell, futures for the Dow Jones Industrials settled 15 points, or 0.1%, to 17,934. Futures for the S&P 500 were unchanged at 2,085, and futures for the NASDAQ hiked 2.75 points, or 0.1%, to 4,431.75.
Shares in Kraft have shot up by about 18% pre-market after it announced plans to combine with Heinz to create a food giant called
The Kraft Heinz Company. The merger is expected to create the third largest food and beverage company in North America.
Kraft shareholders will receive stock in the new group, plus a special dividend of $16.50 U.S. per share funded by a $10-billion U.S. cash injection by Heinz owners 3G Capital and Warren Buffett's Berkshire Hathaway.
Once the deal is done, Heinz shareholders will own 51% of the combined firm while Kraft shareholders will get a 49% stake.
One of Asia's richest men -- Li Ka-shing -- has sealed a deal for his conglomerate Hutchison Whampoa to buy British mobile operator O2 UK.
The group, which already owns another U.K. mobile company called Three, has agreed to pay roughly £10.3 billion ($15.2 billion U.S.) for O2. Then it plans to combine the two firms. The deal will create the leading mobile operator in the U.K., with almost 33 million customers.
Shares in Lufthansa and Airbus are both declining by about 1% in Europe following the crash of Germanwings Flight 9525 in the French Alps on Tuesday. Germanwings is Lufthansa's low-cost carrier.
Oil prices gained 24 cents to $47.75 U.S. a barrel
Gold prices picked up $4.60 to $1,196 U.S. an ounce.
Related Stories
