CSIQ

TSX Could Open Up As Strong German Data Lifts Commodities

An image of stock prices rising and declining in value Credit: Shutterstock photo

Toronto's main stock index looked set to open higher today, as upbeat German data and a weak U.S. dollar lifted commodity prices, according to a Reuters report.

Stocks to watch:

Royal Bank of Canada (RY.TO): The U.S. Federal Reserve Board said on Monday it approved PNC Financial Services Group's application to buy the U.S. retail and credit card operations of RBC, one of the year's largest bank deals.

TransCanada Corp. (TRP.TO) said it agreed to buy 86 megawatt of solar power projects in Ontario from a unit of panel maker Canadian Solar Inc ( CSIQ ) for $470 million.

Athabasca Oil Sands (ATH.TO) set its capital budget for 2012 at C$1.02 billion, its highest ever, as the company looks to bring its projects to the production stage.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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