RPT-CANADA STOCKS-TSX eyes rise as resources climb; RIM falls

Fri Sep 25, 2009 9:22am EDT
 
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TORONTO, Sept 25 (Reuters) - Toronto's main stock index could get off to a higher start on Friday as firm oil, gold and base metals prices lift the resource-laden market.

But any gains could be hindered by a dip in world stocks [MKTS/GLOB] and disappointing results from BlackBerry maker Research in Motion RIM.TO RIMM.O.

On Thursday, the S&P/TSX composite index .GSPTSE closed down 231.78 points, or 2 percent, at 11,285.76, pulled down by falling oil and metals prices, as caution returned to the market.

Here is some news that could affect the market:

RESEARCH IN MOTION RIM.TO RIMM.O

Shares of Research In Motion fell more than 11 percent on Friday after the BlackBerry maker reported a lower profit and gave an outlook that fell short of analysts' expectations. [ID:nN25259661] [ID:nN24466680] [ID:nN25259661]

VIEW ON RIM

Goldman Sachs cuts Research in Motion to neutral from buy; removes from Americas conviction buy list.   Continued...