- Canadian shares are expected to open mixed as investors await U.S. consumer price inflation data and the Fed’s monetary policy announcement later in the week.
- Fairfax Financial Holdings Inc (FFH.TO) has increased its stake in Ensign Energy Services (ESI.TO) by purchasing 3.79 million shares at $2.34 per share.
- Copperleaf Technologies Inc (CPLF.TO) has signed a deal for Industrial and Financial Systems to acquire all outstanding shares at $12 each.
- Descartes Systems Group (DSG.TO) has acquired BoxTop Technologies Ltd for US$13 million.
- Building permits in Canada increased by 20.5% in April, according to Statistics Canada.
- Asian stocks closed lower as investors await key U.S. inflation data and the Federal Reserve’s policy meeting.
- European stocks are down as investors await U.S. consumer price data and the Federal Reserve interest-rate decision.
- In commodities, WTI Crude oil is down at $77.47 a barrel, while Gold futures are up at $2,333.90 an ounce and Silver futures are down at $29.628 an ounce.
Read more at Nasdaq: Bay Street Likely To Open On Mixed Note