TSX Could Open Higher As Commodities Firm
Toronto's main stock index looked set to open higher today, taking cues from its U.S. and European counterparts and helped by firmer commodity prices, according to Reuters.
Stocks to watch:
Ivanhoe Mines (IVN.TO): Anglo-Australian miner Rio Tinto confirmed that an independent arbitrator had cleared the way for it to bid for Ivanhoe but said it had no current intention of making an offer.
Connacher Oil & Gas Ltd. (CLL.TO): Investors in the oil sands producer are turning up the pressure on the company to begin a formal sales process, saying plans to find a partner to keep operating as a stand-alone enterprise won't add enough value.
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