Toronto's main stock index is likely to open lower on Thursday morning, as commodity prices declined on heightened worries about sluggish global economic recovery, prompting investors to cut exposure to riskier assets, according to Reuters.
Stocks to watch:
Thomson Reuters Corp. (TRI.TO) bought Chicago-based crop forecaster Lanworth Inc., expanding its commodity analytics group with a company that was an early leader in the use of satellite imagery to predict crop size.
JDS Uniphase Corp. (JDU.TO) forecast weak first quarter revenue on macro-economic challenges and inventory corrections but said booking trends were encouraging.
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.
