Markets

TSX May Get a Lift from Stronger Commodities After Euro Zone Hopes

Toronto's main stock index looked set to open higher today, as commodity prices rose on hopes that Europe will unveil fresh measures to tackle the region's growing debt crisis, according to Reuters.

Stocks to watch:

Cameco Corp (CCO.TO) said it is backing out of a bidding war for Hathor Exploration (HAT.TO) after Anglo-Australian miner Rio Tinto sweetened its bid to C$654 million.

Cominar Real Estate Investment Trust (CUF-UN.TO) plans to buy units of Canmarc REIT (CMQ-UN.TO) it does not already own, in a deal that values the latter at C$1.07 billion.

Bombardier Inc.'s (BBD-B.TO) train unit received a contract to make railway equipment for India's Mumbai Railway Vikas Corp.

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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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