Cenovus Energy
CVE----
TSX Stubs Toes to Start Week
Baystreet·- Canada's main stock index opened lower on Monday, with the TSX Composite Index sliding 132.77 points to 35,369.88, driven largely by declines in energy, gold, and materials. - Suncor Energy agreed to sell its interests in three offshore oil assets to Ithaca Energy for $1.2 billion, while Cenovus Energy announced a deal to acquire Athabasca Oil for an implied enterprise value of $5.7 billion. - On Wall Street, the NASDAQ reached a record high while the Dow fell 101.07 points as traders digested economic data, treasury yields, and a services sector PMI of 54.9% for September.