CANADA STOCKS-TSX may open lower, ECB caution drags

Tue Nov 5, 2013 8:11am EST
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Nov 5 (Reuters) - Canada's main stock index futures pointed to a lower open on Tuesday, tracking the U.S. market, as investors turned wary ahead of a European Central Bank meeting where most layers expect the central bank to signal an easing of monetary policy.


* Vivendi has agreed terms to sell its 53 percent stake in Maroc Telecom to the UAE's Etisalat for 4.2 billion euros, the latest step in the French conglomerate's drive to become more media focused.

* Natural gas procucer Encana Corp will cut about 20 percent of its workforce, slash its dividend and invest nearly three-quarters of its 2014 capital spending budget in more lucrative oil and liquid gas assets.

* BlackBerry Ltd abandoned its plan to sell itself and said its CEO is stepping down, raising fears the struggling smartphone maker is running out of options.

* U.S. fertilizer company Mosaic Co reported sharply lower quarterly earnings as prices of potash and phosphate fell and buyers were cautious.


* Canada stock futures traded down 0.14 percent

* U.S. stock futures , , were down around 0.26 and 0.35 percent   Continued...