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TSX futures flat as investors await domestic inflation data

Futures for Canada's main stock index were flat on Tuesday as investors remained cautious ahead of key domestic inflation data despite gains in prices of base and precious metals.

Macy's gets director nominations from hedge fund Arkhouse Management

Department store Macy's said on Tuesday hedge fund Arkhouse Management had nominated nine individuals to stand for election as directors at its 2024 annual meeting.

Italy's KME signs deal with US SEDA to list Cunova unit on NYSE

Italian copper and copper alloy producer KME said on Tuesday it had signed an equity transaction deal aimed at listing its Cunova unit on the New York Stock Exchange (NYSE).

Investor names director candidates at Fossil Group after stock price drop

Investment firm Buxton Helmsley Group said it nominated four candidates to the board of directors of Fossil Group , after the fashion design company's stock lost three-quarters of its value over the last year.

Walmart to acquire Vizio for $2.3 billion, sales outlook, dividend lift shares

Walmart forecast fiscal 2025 sales above Wall Street expectations on Tuesday and said it would buy smart-TV maker Vizio for $2.3 billion.

S&P Global to buy Visible Alpha; explores options for Fincentric

Data provider S&P Global said on Tuesday it plans to buy financial technology provider Visible Alpha for an undisclosed sum.

Discover Financial rises on Capital One's $35 bln deal, payment processors fall

Discover Financial shares rose 13% before the bell on Tuesday after U.S. lender Capital One's $35.3 billion deal for the credit card issuer, while top payment processors fell on bets of a shake-up in a sector where they hold big market share.

Aurora Cannabis names former Bristol Myers executive as CFO

Canadian pot firm Aurora Cannabis said on Tuesday it has appointed Simona King, a former executive of Bristol Myers-Squibb, as its Chief Financial Officer.

Brazil miner Vale eyes more battery systems in its operations

Mining giant Vale is looking at expanding the use of industrial batteries to power ports and mining sites, said the firm's Energy and Decarbonization director Ludmila Nascimento, in a move that would boost an industry still in early stages in Brazil.

Eli Lilly, Novo Nordisk get growth stock status on weight-loss drug boost

U.S.-based Eli Lilly and Denmark's Novo Nordisk have struck gold with their weight-loss drugs, sending their shares to stratospheric levels and putting them on par with some high-growth tech stocks.

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