CANADA STOCKS-Futures point to lower open for TSX

Tue Sep 16, 2014 7:33am EDT
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Sept 16 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Tuesday with September futures on the S&P TSX index <0#SXF:> down 0.19 percent at 0720 ET.

Manufacturing sales data for July is due at 0830 ET .

Canada's main stock index fell on Monday as weakness in commodity prices and worries about the pace of growth in China's economy weighed on sentiment, pulling down shares in every major sector.

Dow Jones Industrial Average e-mini futures were down 0.09 percent at 0720 ET, while S&P 500 e-mini futures were down 0.08 percent. Nasdaq 100 e-mini futures were down 0.15 percent. (Morning News Call newsletter; The Day Ahead newsletter


Allergan Inc and its suitors, Pershing Square Capital Management and Valeant Pharmaceuticals Inc, settled their pending litigation before the Delaware Court of Chancery and agreed to hold a special shareholder meeting on the originally scheduled date, Dec. 18.

Global mobile operator Vimpelcom and Egypt's Global Telecom have agreed to sell their stake in Wind Canada for 135 million Canadian dollars ($122.05 million) to a Canadian investment firm, Globalive Capital, the two companies said.

Barrick Gold Corp has appointed well-known Canadian lawyer and long-time Barrick advisor Kevin Thomson to help with its strategy, the latest appointment by Executive Chairman John Thornton in a wide-ranging executive overhaul.   Continued...