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.
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