Nov 6 Canadian stock futures rose on Tuesday, tracking global markets, but Toronto shares were seen holding to a narrow range ahead of a U.S. presidential election that will shape the fate of the world's largest economy.
* After a long and bitter White House campaign, Americans began casting their votes on Tuesday with polls showing President Barack Obama and Republican challenger Mitt Romney neck-and-neck in an election that will be decided in a handful of states.
* Hundreds of thousands of Greeks began a crippling 48-hour strike to protest against a new round of wage and pension cuts that parliament is expected to approve narrowly a day later.
* The European Commission has set dire economic forecasts for Spain until 2014, a newspaper reported, shooting down the targets set out by Madrid and potentially pushing it closer to seeking euro zone aid.
* NYSE is hoping ambitious cost cuts will help offset lower trading levels, in the latest sign of growing pressure on the world's top trading firms.
* Canada stock futures traded up 0.23 percent
* U.S. stock futures , , were up around 0.14 percent to 0.36 percent
* European shares, were up
COMMODITY PRICE MOVES
* Thomson Reuters-Jefferies CRB Index < .TRJCRBTR>: 293.45; rose 0.25 percent
* Gold futures : $1,690.1; rose 0.47 percent
* US crude : $85.9; rose 0.29 percent
* Brent crude : $108.28; rose 0.51 percent
* LME 3-month copper : $7,666.5; rose 0.22 percent
CANADIAN STOCKS TO WATCH
* MacDonald, Dettwiler and Associates Ltd. : The Canadian satellite maker reported a slight decrease in third-quarter earnings from operations on Monday, as revenue declined due to lower levels of space robotics activity.
* Niko Resources Ltd. : The oil and gas producer said one more of its wells in Trinidad turned out to be dry, adding to its recent disappointments in India and Indonesia.
* Potash Corp. : Israeli officials plan to meet executives of Potash Corp in the next week before deciding on whether to allow the fertiliser producer's proposed $13.5 billion takeover of Israel Chemicals to move forward.
* Yellow Media Inc. : The telephone directory publisher reported a third-quarter profit, but lower print segment sales hurt revenue.
Following is a summary of research actions on Canadian companies reported by Reuters.
* Churchill Corp. : CIBC cuts target price to C$8 from C$9 citing the company's revised expectations for revenues and margins in 2013 given market uncertainty, competition, project delays, and margin pressures.
* Fortress Paper Ltd. : Canaccord Genuity cuts target price to C$9 from C$13 on the company's weak third-quarter results, operational challenges and weak dissolving pulp prices.
* TVA Group Inc. : RBC raises price target to C$9 from C$8 after the company reported better-than-expected third-quarter results.
ON THE CALENDAR
* Major Canadian economic data includes Ivey PMI
* Major U.S. events and data includes Redbook
UPDATE 1-Fed's Kaplan would support more rate hikes if progress continues
COLLEGE STATION, Texas, March 27 Dallas Federal Reserve Bank President Robert Kaplan said on Monday that he would support further interest rate hikes if the U.S. economy takes more steps toward reaching the Fed's goals of full employment and 2 percent inflation.