CANADA STOCKS-TSX may open higher; potential Fed taper in focus

Fri Dec 13, 2013 8:19am EST
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Dec 13 (Reuters) - Canada's main stock index looked set to open higher on Friday, though gains could be pared as investors speculated about the possibility of an earlier-than-expected wind-down of U.S. Federal Reserve monetary stimulus.


* Three years after going cap in hand to international lenders, Ireland has officially ended its bailout, providing a landmark for euro zone efforts to resolve its debt crisis, its finance minister.

* Adobe Systems Inc, the maker of Photoshop and Acrobat software, forecast current-quarter results below analysts' estimates but reported a 22 percent jump in the number of subscribers to its Creative Cloud suite from the preceding quarter.

* Shares in French carmaker PSA Peugeot Citroen fell a further 11.6 percent, making for a 23 percent fall in just four days, after U.S. alliance partner General Motors sold its stake ahead of a possible new share issue by the struggling French carmaker.

* RSA Insurance CEO Simon Lee resigned after the insurer issued a third profit warning and flagged a possible hit to its dividend from a capital hole at its Irish business.MARKET SNAPSHOT

* Canada stock futures traded up 0.07 percent

* U.S. stock futures , , were up around 0.04 percent to 0.41 percent   Continued...