April 16 (Bloomberg) -- Potash Corp. of Saskatchewan Inc. may gain, based on bids on the Toronto Stock Exchange, after the world's largest maker of crop nutrients increased prices for its Chinese customers.
Agrium Inc., North America's third-largest crop nutrient maker, may also rise, bids show.
Uranium One Inc. may advance after Friedman, Billings, Ramsey & Co. analyst Amir Arif raised his recommendation on the developer of South Africa's largest deposit of the nuclear fuel to ``outperform'' from ``market perform.''
Metro Inc. may drop after Canada's third-biggest supermarket chain said second-quarter net income slipped 6 percent and sales at stores open at least a year grew at a slower pace than a year earlier.
The Standard & Poor's/TSX Composite Index gained 0.8 percent to 13,850.95 yesterday. The Canadian benchmark has increased 0.1 percent this year.
Potash, which has risen for the past 11 days, may add 2.1 percent to C$192, bids already submitted in Toronto indicated. Agrium may advance 3 percent to C$80.50.
Metro may slip 0.8 percent to C$24.30 The company reduced prices to retain customers as Loblaw, the country's largest supermarket chain, tried to match what Wal-Mart charged for food at its supercenters.
Uranium One may increase 3 cents to C$4.28, according to bids. Shares of the Toronto-based company have tumbled 52 percent this year.
U.S. stock-index futures rose after Intel Corp.'s sales forecast and Coca-Cola Co.'s earnings topped analysts' estimates, easing concern an economic slowdown will drag down profits.
Standard & Poor's 500 Index futures expiring in June added 10.4, or 0.8 percent, to 1,346.3 at 8:58 a.m. in New York. Dow Jones Industrial Average futures rallied 81 to 12,435 and Nasdaq- 100 Index futures increased 27.25 to 1,824. Stocks rose in Europe and Asia for a second day.
