TSX Could Open Under Pressure As ECB Lending Optimism Fades: report

Toronto's main stock index looked set to open lower on Wednesday, as the initial enthusiasm faded about strong demand at European Central Bank's three-year tender, according to Reuters.

Stocks to watch:

Research In Motion Ltd. (RIM.TO) has turned down overtures from Amazon.com Inc and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, according to people with knowledge of the situation.

TMX Group Inc. (X.TO) said it bought a 16% stake in the Bermuda Stock Exchange for an undisclosed amount.

Enbridge Inc. (ENB.TO): Enterprise Products and Enbridge are seeking to expand their U.S. Seaway pipeline network in the race to ease a crude oil supply glut in the Midwest by shipping it to the Gulf Coast refining hub.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.