AT&T cuts price of unlimited mobile data plan
Feb 27 AT&T Inc said on Monday that it would lower the price of its unlimited mobile data plan, as the price war among the four biggest U.S. wireless carriers gains steam.
May 5 Canadian stocks looked set to open lower on Monday with soft Chinese manufacturing data and simmering tensions in Ukraine weighing on investor sentiment.
June futures on the S&P TSX index <0#SXF:> were down 0.12 percent at 0715 ET.
The index climbed to its highest in almost six years on Friday after higher commodity prices drove strong advances in natural resource shares, offsetting mixed U.S. jobs data.
Dow Jones Industrial Average futures were down 0.43 percent at 0715 ET while, S&P 500 futures were down 0.43 percent and Nasdaq 100 futures were down 0.38 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)
Michigan state prosecutors plan to call a former Encana Corp executive to testify on behalf of the state, at a multi-day hearing in their criminal antitrust case against oil and gas companies Chesapeake Energy Corp and Encana Corp that begins Monday.
Regulators on Friday gave Augusta Resources Corp more time to find a white knight, ruling that the miner's shareholder rights plan could stay in place until at least July 15 despite a challenge by hostile bidder Hudbay Minerals Inc .
COMMODITIES AT 0715 ET
Gold futures : $1,308.5; +0.45 pct
US crude : $100.19; +0.43pct
Brent crude : $108.53; -0.06 pct
LME 3-month copper : $6,718.85; +1.11 pct
ANALYST RESEARCH HIGHLIGHTS
SNC-Lavalin Group : CIBC cuts rating to sector performer from sector outperformer
Canadian Tire : RBC raises target price to C$126 from C$120; rating outperform
Shawcor Ltd : RBC raises target price to C$55 from C$48; rating sector perform
Vermilion Energy : National Bank Financial raises price target to C$80 from C$72
U.S. ECONOMIC DATA DUE ON MONDAY
0945 Markit Services PMI Final for April: Prior +54.2
1000 Employment Trends for April: Prior +117.5
1000 ISM N-Manufacturing PMI for April: Expected +54.1 prior +53.1
1000 ISM N-Manufacturing Bussiness Act for April: Expected +54.4 prior +53.4
1000 ISM N-Manufacturing Employment Index for April: Prior +53.6
1000 ISM N-Manufacturing New Orders Index for April: Prior +53.4
1000 ISM N-Manufacturing Price Paid Index for April: Prior +58.3
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory
($1= $1.10 Canadian) (Reporting by Mononshila Deka in Banagalore) ))
Feb 27 Goldman Sachs Group Inc is building a 1.1 million square foot office in London with initial occupancy slated for 2019, it said in a regulatory filing on Monday, even as global banks grapple with risks around Brexit.
TORONTO, Feb 27 Canada's main stock index was barely lower in morning trade on Monday, with investors pulling back from major banks ahead of their earnings later in the week, while gold miners and energy stocks gained with higher commodity prices.