TSX Slips At Open Tuesday

(RTTNews) - Bay Street stocks moved down at open Tuesday amid marginal selling across a variety of sectors, with the S&P/TSX Composite Index slipping 8.25 points or 0.06 percent to 13,449.81

In the base-metals space, First Quantum Minerals (FM.TO) lost nearly 2 percent, while Teck Resources (TCK_B.TO) was edging up 0.20 percent.

In the oil patch, Coastal Energy (CEN.TO) jumped over 25 percent after announcing that it would be acquired by Compañia Española de Petroleos, S.A.U. for C$19.00 per share cash.

Fertilizer maker Potash Corp. (POT.TO) gained about 1 percent.

Retailer Sears Canada (SCC.TO) rose 12 percent despite reporting wider third quarter net loss.

Bombardier Inc. (BBD_B.TO) moved up nearly 1 percent after it said its unit Bombardier Aerospace received firm orders for Q400 NextGen turboprop airliners from Thai carrier Nok Air for about $63 million.