CANADA STOCKS - Factors to watch on Sept 18

Thu Sep 18, 2008 8:39am EDT
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TORONTO, Sept 18 (Reuters) - Canada's S&P/TSX composite index .GSPTSE may open higher on Thursday after diving into bear market territory and touching its lowest level in almost two years in the previous session. Here is some of the news that could influence the market.


Central banks around the globe say they will pump $180 billion in extra dollar funds into roiled money markets, in a move to ease a credit squeeze prompted by the mayhem on Wall Street. [ID:nSP129521]


Production resumed at the Maple Leaf Foods deli meat plant at the center of this summer's deadly outbreak of listeriosis food poisoning in Canada. The company's chief executive said on Wednesday it would probably be reasonable to expect product on the shelves in the middle or toward the end of next week. [ID:N17293557]


Cameco Corp, the world's largest uranium producer, cut its uranium production outlook for 2008 from the combined McArthur River/Key Lake operations, citing a delay in restarting the Key Lake mill due to challenges related to equipment upgrades. [ID:nBNG351737]


The chief executive of Research in Motion Ltd RIM.TO says the company that makes the BlackBerry will add carriers in rapidly growing emerging markets, and does not yet see a negative impact from a widening global financial crisis. [ID:nBOM349730]   Continued...