Stock futures pointed to a higher opening for Canada's main stock index on Wednesday
The S&P/TSX composite index moved up 27.42 points to close Tuesday at 15,536.81. September futures were up 0.1%.
The Canadian dollar sawed off 0.09 cents to 90.96 cents U.S. early Wednesday.
Canada's telecommunications regulator should ease restrictions on domestic television providers because of the competitive threat they face from online services like Netflix Inc, Quebecor Inc Chief Executive Pierre Dion told a hearing on Tuesday.
After months of staying largely silent on a deal he is trying to broker, billionaire William Ackman on Tuesday criticized Allergan Inc 's board of directors, urging them to "wake up" and at least listen to what potential purchaser Valeant Pharmaceuticals has to offer the Botox maker.
Canadian Tire Corp said on Tuesday it will take the store's famous paper "money" into the digital era as it looks to better compete with deep-pocketed U.S. chains expanding their presence in Canada.
Raymond James started coverage on Chinook Energy with an "outperform" rating.
ON BAYSTREET
The TSX Venture Exchange strengthened 3.49 points Tuesday to 988.69.
ON WALLSTREET
Apple aftershocks were reverberating through the pre-markets Wednesday.
Ahead of the opening bell, futures for the Dow Jones Industrials dropped four points to 17,030. Futures for the S&P 500 fell one point to 1,988.75, and futures for the NASDAQ subtracted 1.75 points to 4,064.25
Shares in Apple were volatile pre-market as investors consider how the latest Apple products, including the iPhone 6 and Apple Watch, will be received.
Shares in the company swung around wildly Tuesday as Apple held its highly-anticipated product launch, rallying almost 5% before finishing slightly lower.
A move down isn't unusual. Research from Piper Jaffray shows Apple shares drop by 1.2%, on average, on product launch days.
Shares in Family Dollar Stores were rising by 5% pre-market after Dollar General announced a $9.1-billion U.S. hostile bid for the company. The offer is higher than the $8.5-billion U.S. bid that Family Dollar had already accepted from Dollar Tree.
McDonald's said third-quarter earnings will take a hit after a food scandal in China scared away diners in Asia last month.
Yum! Brands has also seen sales slide after it was revealed that a major Chinese meat supplier for both companies was selling products that were past their expiry date.
Vera Bradley and Manchester United will post quarterly earnings before the opening bell.
Men's Wearhouse will report after the close. In June, the clothing retailer bought smaller rival Jos. A. Bank after enduring a turbulent takeover battle.
In Europe, Germany's DAX index was slightly weaker in early trading. The pound was weaker against the dollar on continuing uncertainty over the implications of a vote in favour of Scottish independence next week.
Asian stocks were mostly negative Wednesday.
Oil prices slid 30 cents to $92.45 U.S. a barrel
Gold prices gained $3.10 to $1,256.80 U.S. an ounce.
