CANADA STOCKS-TSX set to open higher after North American jobs data
Feb 7 (Reuters) - Canadian stock index futures pointed to a higher open on Friday after North American jobs data showed higher-than-expected gains in Canada, but softer-than-expected U.S. numbers.
* U.S. employers hired far fewer workers than expected in January and job gains for the prior month were barely revised up, suggesting a loss of momentum in the economy, even as the unemployment rate hit a new five-year low of 6.6 percent.
* The Canadian economy in January recouped 29,400 of the 44,000 jobs lost in December, registering an even larger jump in full-time positions, while the unemployment rate fell to 7.0 percent from 7.2 percent, Statistics Canada said on Friday.
* Baytex Energy Corp has agreed to buy Aurora Oil & Gas Ltd for C$2.6 billion including debt, targeting the Australian company's Texas shale oil assets and driving its shares to a 15-month high.
* An east-west struggle over Ukraine turned nastier as Moscow accused the United States of fomenting a coup and Washington pointed a finger at Russia for leaking a recording of U.S. diplomats discussing how to shape a new government in Kiev.
* LinkedIn Corp delivered revenue forecasts that fell short of Wall Street's expectations, deflating hopes that the high-flying professional social network can sustain its growth streak and sending its stock 8 percent lower.
MARKET SNAPSHOT Continued...