CANADA STOCKS-TSX may open higher ahead of Bernanke's testimony
July 17 (Reuters) - Canada's main stock index looked set to open higher on Wednesday as investors await clues on the life of the U.S. central bank's $85-billion-a-month bond-buying program from Federal Reserve Chairman Ben Bernanke when he testifies to a congressional panel later in the day.
* Bank of England Governor Mark Carney and fellow policymakers voted unanimously against more bond purchases earlier this month, surprisingly setting aside their differences ahead of a review on giving guidance about future interest rates.
* Bank of America Corp reported a 70 percent rise in second-quarter profit, helped partly by lower operating expenses.
* BNY Mellon Corp said second-quarter revenue and profit surged on a $184 million pre-tax gain from an equity investment.
* Mattel reported a far weaker-than-expected profit as sales of Barbie dolls fell again, highlighting the iconic brand's struggle to stay relevant.
* Yahoo Inc trimmed its outlook for 2013 revenue after revealing a sharp 12 percent slide in ad prices in the second quarter, signs that CEO Marissa Mayer's attempts to revive the struggling Internet giant may not produce quick results.
* Canada stock futures traded up 0.06 percent Continued...