CANADA STOCKS-TSX may open lower, index near 18-month high

Wed Jan 23, 2013 8:16am EST
 
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Jan 23 (Reuters) - Canada's main stock index looked set to open lower on Wednesday, after closing near an 18-month high in the previous session as investors await results from key U.S. companies to find further trading cues.

TOP STORIES

* The White House welcomed signals by Republican leaders in the House of Representatives that they aim to extend the U.S. debt limit by almost four months, saying the move defuses fears of a damaging U.S. debt default.

* Research In Motion has released a new system to allow its biggest customers to use its new line of BlackBerry 10 smartphones on their own networks, paving the way for the Jan. 30 launch of the make-or-break devices.

* Aurizon Mines Ltd advised shareholders to reject an unsolicited C$780 million takeover offer from rival gold miner Alamos Gold Inc, saying the proposal was inadequate and opportunistic.

* Spain's economy shrank in the final months of 2012 at the fastest pace since its recession began, data showed, pummeled by falling domestic demand and with no return to growth on the horizon.

* Unilever reported 2012 underlying sales growth of 6.9 percent, beating forecasts of 6.5 percent, propelled by double digit growth in emerging markets.

MARKET SNAPSHOT

* Canada stock futures traded down 0.11 percent   Continued...