Tuesday, October 14, 2014


TSX Canada set to open lower on global economy worries

Stock futures pointed to a lower opening for Canada's main stock index on Tuesday as deepening worries about the health of the global economy unnerved investors.

December futures on the S&P TSX index SXFc1 were down 1.61 percent at 0720 ET.

No major economic events are scheduled for Tuesday ECONCA.

The country's main stock index .GSPTSE recorded its biggest drop in more than a year and hit a six-month low on Friday as worries about global economic growth hit shares in every major market sector.

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.10 percent at 0720 ET on Tuesday, S&P 500 e-mini futures ESc1 were up 0.16 percent and Nasdaq 100 e-mini futures NQc1 were up 0.18 percent. [.N]

(Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)


Canadian Pacific Railway Ltd (CP.TO: Quote) has approached CSX Corp (CSX.N: Quote) about merging the two North American railroad operators to create a transcontinental carrier worth more than $60 billion, according to the Wall Street Journal.


Gold futures GCc2: $1,235.90; +0.54 pct [GOL/]

US crude CLc1: $84.79; -1.11 pct [O/R]

Brent crude LCOc1: $87.79; -1.24 pct [O/R]

LME 3-month copper CMCU3: $6,754.75; +0.67 pct [MET/L]


Canadian Pacific Railway Ltd (CP.TO: Quote): UBS starts with "buy" rating; price target C$263

Canadian Tire Corp (CTCa.TO: Quote): Canaccord Genuity raises target to C$138 from C$123; rating "buy"

Lumenpulse Inc LMP.TO: National Bank Financial resumes coverage with "outperform rating"


No major economic events are scheduled.


TSX market report [.TO]

Canadian dollar and bonds report [CAD/] [CA/]

Reuters global stocks poll for Canada EQUITYPOLL1 <EPOLL/CA>

Canadian markets directory CANADA

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The idea behind the text.
Respect for the truth is almost the basis of all morality.
Nothing can come from nothing.

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Well, the way they make shows is, they make one show. That show's called a pilot. Then they show that show to the people who make shows, and on the strength of that one show they decide if they're going to make more shows.

Like you, I used to think the world was this great place where everybody lived by the same standards I did, then some kid with a nail showed me I was living in his world, a world where chaos rules not order, a world where righteousness is not rewarded. That's Cesar's world, and if you're not willing to play by his rules, then you're gonna have to pay the price.

You think water moves fast? You should see ice. It moves like it has a mind. Like it knows it killed the world once and got a taste for murder. After the avalanche, it took us a week to climb out. Now, I don't know exactly when we turned on each other, but I know that seven of us survived the slide... and only five made it out. Now we took an oath, that I'm breaking now. We said we'd say it was the snow that killed the other two, but it wasn't. Nature is lethal but it doesn't hold a candle to man.

You see? It's curious. Ted did figure it out - time travel. And when we get back, we gonna tell everyone. How it's possible, how it's done, what the dangers are. But then why fifty years in the future when the spacecraft encounters a black hole does the computer call it an 'unknown entry event'? Why don't they know? If they don't know, that means we never told anyone. And if we never told anyone it means we never made it back. Hence we die down here. Just as a matter of deductive logic.