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LUMI - Lundin Mining News Story

SEK103.9 -0.4  -0.4%

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Sector
Basic Materials
Size
Large Cap
Market Cap £6.52bn
Enterprise Value £6.91bn
Revenue £1.69bn
Position in Universe 116th / 1836

CANADA STOCKS-TSX futures little changed as gold steadies

Thu 25th July, 2019 12:19pm
July 25 (Reuters) - Canada's main stock index futures were
little changed on Thursday, as gold prices steadied ahead of the
European Central Bank's meeting on easing monetary policy. 
    September futures on the S&P/TSX index  SXFc1  were down
0.03% at 7:00 a.m. ET.
    Canada's average weekly earnings data for May is due at 8:30
a.m. ET. 
    The Toronto Stock Exchange's S&P/TSX  .GSPTSE  rose 39.16
points, or 0.24%, to 16,611.84 on Wednesday. urn:newsml:reuters.com:*:nL8N24P7RI
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.16% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1  were
down 0.06% and Nasdaq 100 e-mini futures  NQc1  were down 0.06%.
 .N 
    
    TOP STORIES  TOP/CAN 
    Canadian miner Teck Resources Ltd  TECKb.TO  reported a
quarterly profit slightly below analyst estimates, hurt by lower
copper and zinc prices. urn:newsml:reuters.com:*:nL4N24Q1MY
    Oil and gas producer Cenovus Energy  CVE.TO  missed
quarterly profit estimates as the production cuts ordered by
Alberta's provincial government in Canada hit output and higher
Canadian crude prices hurt refining margins. urn:newsml:reuters.com:*:nL4N24Q2YV
    Suncor Energy Inc  SU.TO , Canada's second-largest oil and
gas producer, on Wednesday reported a 5% rise in second-quarter
operating profit and higher upstream production. urn:newsml:reuters.com:*:nL4N24P59B
    The UK Competition and Markets Authority (CMA) said it had
found provisionally that sellers of antibiotic Nitrofurantoin
broke competition law by "arranging to carve up the market
between them". The watchdog said from 2014 to at least October
2017, two suppliers, Advanz Pharma Corp  ADVZ.TO  and
Morningside, and a wholesaler, Alliance Healthcare, entered into
arrangements under which Alliance would buy equal volumes of the
drug from each of the suppliers so that they would not compete.
 urn:newsml:reuters.com:*:nL4N24Q1WF
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Celestica Inc  CLS.TO : Canaccord Genuity cuts price target
to $7 from $8
    Loblaw Companies Ltd  L.TO : CIBC raises price target to
C$77 from C$76
    Lundin Mining Corp  LUN.TO : Credit Suisse cuts price target
to C$8.25 from C$9.00 
    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1,426.7; +0.22%  GOL/ 
    US crude  CLc1 : $56.5; +1.11%  O/R 
    Brent crude  LCOc1 : $63.92; +1.17%  O/R 
    
    
    U.S. ECONOMIC DATA DUE ON THURSDAY
    0830 Durable goods for Jun: Expected 0.7%; Prior -1.3%
    0830 Durables goods excluding transportation for Jun:
Expected 0.2%; Prior 0.4%
    0830 Durables goods excluding defense mm for Jun: Prior
-0.5%
    0830 Nondefense Capital goods excluding aircraft for Jun:
Expected 0.2%; Prior 0.5%
    0830 Advance goods trade balance for Jun: Prior -$75.05 bln
    0830 Wholesale inventories advance for Jun: Prior 0.4%
    0830 Retail inventories advance excluding auto for Jun:
Prior 0.3%
    0830 Initial jobless claims: Expected 219,000; Prior 216,000
    0830 Jobless claims 4-week average : Prior 218,750
    0830 Continued jobless claims: Expected 1.688 mln; Prior
1.686 mln
    1100 KC Fed Manufacturing for Jul: Prior -3
    1100 KC Fed Composite Index for Jul: Prior 0
    
    FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
    TSX market report  .TO 
    Canadian dollar and bonds report  CAD/   CA/ 
    Reuters global stocks poll for Canada  EQUITYPOLL1 
 EPOLL/CA 
    Canadian markets directory  CANADA 
    
    ($1 = C$1.32)

 (Reporting by Priyanka Das in Bengaluru; Editing by Maju
Samuel)
 ((Priyanka.das@thomsonreuters.com))
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