CANADA STOCKS-TSX may open higher; Fed policy meet eyed

Tue Jan 28, 2014 8:16am EST
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Jan 28 (Reuters) - Canada's main stock index pointed to a higher open on Tuesday ahead of a U.S. central bank policy meeting to decide further stimulus cuts.


* Turkey's central bank governor raised expectations for an emergency interest rate hike, denying he was hostage to political pressures and vowing decisive action to fight rising inflation and a tumbling lira.

* Lower-than-expected holiday iPhone sales and a weak revenue forecast by Apple renewed fears about Chinese demand and a tepid global market, wiping 8 percent off company stock.

* DuPont's fourth-quarter profit doubled, driven by strong insecticide sales in Latin America and earlier seed shipments in North America, and the company announced a new $5 billion share buy-back program.

* Bank of Montreal has reached a deal to buy UK-based F&C Asset Management Plc for 708 million pounds just a day after first announcing an offer, saying the move would help expand its wealth management arm.

* Ford Motor Co posted a stronger-than-expected quarterly profit as higher earnings in the No. 2 U.S. automaker's core North American market offset losses in Europe and South America.MARKET SNAPSHOT

* Canada stock futures traded up 0.45 percent   Continued...