CANADA STOCKS-Futures indicate positive start to the week

Mon Jan 12, 2015 7:32am EST
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Jan 12 (Reuters) - Canadian stocks were set to open higher on Monday after March futures on the S&P TSX index rose 0.28 percent.

No economic data is due on Monday.

Canada's main stock index declined on Friday as a mixed U.S. payrolls report weighed on investor sentiment and sent shares in the financial and industrial sectors lower. [ID: nL1N0UO2EI]

Dow Jones Industrial Average e-mini futures were up 0.46 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were up 0.48 percent and Nasdaq 100 e-mini futures were up 0.49 percent. (Morning News Call newsletter; The Day Ahead newsletter


Canadian Natural Resources Ltd, the country's largest independent oil producer, cut its 2015 capital expenditure and production forecast as global oil prices continue to slump.

Canadian private equity firm Onex has bought UK safety and survival equipment maker Survitec from Warburg Pincus for 450 million pounds ($679.7 million), Warburg Pincus said on Monday.

Canada's Tekmira Pharmaceuticals Corp agreed to buy Pennsylvania-based OnCore Biopharma Inc to focus on developing hepatitis B virus treatment by combining multiple therapeutic methods.   Continued...