CANADA STOCKS-TSX may open higher, China worries ease

Tue Jan 21, 2014 8:23am EST
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Jan 21 (Reuters) - Canada's main stock index futures rose on Tuesday, with help from the Chinese central bank's 255 billion yuan injection into the market that calmed investor worries about a credit crunch in its economy.


* China's central bank moved to head off another destabilising cash squeeze with a big injection of cash - flagged in advance in a surprising act of transparency to relieve anxious markets.

* Halliburton Co reported a 31 percent rise in quarterly profit as the world's second-largest oilfield services company's push into global markets more than made up for weakness in North America.

* U.S. insurer Travelers Cos Inc reported a much better-than-expected three-fold rise in quarterly profit as the company earned higher premiums and disaster losses declined.

* Baker Hughes Inc, the world's third-largest oilfield services company, reported a slightly higher-than-expected quarterly profit, helped by a rise in revenue from the Middle East and Africa.

* Fertilizer company Agrium Inc said its fourth-quarter earnings from continuing operations will be at the lower end of its guidance due to lower sales prices.


* Canada stock futures traded up 0.06 percent   Continued...