CANADA STOCKS-TSX may open lower, markets pause after 10-month high

Fri Jan 11, 2013 8:08am EST
 
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Jan 11 (Reuters) - Canada's main stock index looked set to open lower on Friday, mirroring Wall Street losses, as investors book profits after the index hit a 10-month high in the previous session.

TOP STORIES

* Germany's economic performance declined in the fourth quarter as industry reduced its production in line with weak European demand, the country's Economy Ministry said.

* Mobile operator Vodafone said some customers were not receiving emails via their Blackberry phones, and it was working with handset maker Research in Motion to rectify the problem.

* Japanese Prime Minister Shinzo Abe made his biggest push yet to make jobs growth part of the Bank of Japan's mandate as his government approved $117 billion of spending to revive the economy in the biggest stimulus since the financial crisis.

* Credit card company American Express Co said it would cut about 5,400 jobs, or 8.5 percent of its workforce, as it restructures its business and pays legal bills.

MARKET SNAPSHOT

* Canada stock futures traded down 0.8 percent

* U.S. stock futures , , were mixed in the range of 0.01 percent and -0.05 percent   Continued...