April 19 (Reuters) - Canadian stock futures opened higher on
Tuesday, helped by a 2 percent rise in oil prices partly due to
a workers' strike in Kuwait.
June futures on the S&P TSX index SXFc1 were up 0.47
percent at 7:15 a.m. ET.
No major economic releases are scheduled for the day.
Canada's main stock index rose to a five-month high on
Monday as energy stocks rallied after oil pared losses, while
mining and financial sector stocks also advanced.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
1.4 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1
were up 1.8 percent and Nasdaq 100 e-mini futures NQc1 were up
0.7 percent.
TOP STORIES
As Valeant Pharmaceuticals (NYSE:VRX) considers a multibillion-dollar
auction to pare down $30 billion in debt, its challenge will be
choosing which assets to sell without compromising any of its
key businesses, analysts and investment bankers said.
Rogers Communications Inc RCIb.TO spent heavily to get
smartphones to its wireless customers and could not add enough
Internet business to offset shrinkage of its television and
landline phone business, contributing to a slip in earnings
reported on Monday.
Tech companies should comply with lawful requests to access
protected data, BlackBerry BB.TO Chief Executive John Chen
said on Monday, in thinly veiled criticism of rival Apple Inc
AAPL.O for its recent standoff with the FBI.
AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,242; +0.68 pct GOL/
US crude CLc1 : $40.34; +1.41 pct O/R
Brent crude LCOc1 : $43.68; +1.75 pct O/R
LME 3-month copper CMCU3 : $4,793.50; -0.69 pct MET/L
ANALYST RESEARCH HIGHLIGHTS
Teck Resources Ltd TCKb.TO : CLSA cuts to sell from
underperform
Rogers Communications Inc RCIb.TO : CIBC cuts target price
to C$53 from C$54
U.S. ECONOMIC DATA DUE ON TUESDAY
0830 Building permits for Mar: Expected 1.200 mln; Prior
1.177 mln
0830 Build permits: change mm for Mar: Prior -2.2 pct
0830 Housing starts mm for Mar: Expected 1.170 mln; Prior
1.178 mln
0830 House starts mm: change for Mar: Prior 5.2 pct
0855 Redbook mm : Prior -2.8 pct
0855 Redbook yy: Prior 1.1 pct
($1 = C$1.27)