CANADA STOCKS-TSX may open lower, U.S. Federal Reserve meeting eyed

Fri Jul 26, 2013 8:31am EDT
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July 26 (Reuters) - Canada's main stock index futures pointed to a lower open on Friday as investors turned wary about the U.S. Federal Reserve's message at next week's monetary policy meeting.


* Vivendi plans to sell the bulk of its stake in Activision Blizzard Inc to the video games maker and its management for $8.2 billion, the French conglomerate's second blockbuster deal in a week.

* Samsung Electronics Co Ltd announced a $1 billion increase in investment, hoping a strong recovery in semiconductors will make up for weakening smartphone growth as it faces mounting pressure to produce eye-catching new gadgets.

* French oil group Total reported a drop in second-quarter profits, hit by a fall in oil prices that offset its first rise in output in three years.

* Contract electronics manufacturer Celestica Inc reported a 19 percent rise in second-quarter profit, driven mainly by growth at its communications business.

* Pipeline company Enbridge Inc will build a $1.3 billion extension to its Woodland crude line in northern Alberta to serve Imperial Oil's Kearl oil sands project.


* Canada stock futures traded down 0.04 percent   Continued...