April 13 (Reuters) - Stock futures pointed to a slightly lower opening for Canada's main stock index on Monday ahead of busy week of corporate results.
June futures on the S&P TSX index SXFc1 were down 0.03 percent at 7:15 a.m. ET.
No major economic events are scheduled. ECONCA
Canada's main stock index finished broadly higher on Friday, for a seventh straight day of gains, buoyed in part by resource stocks that benefited from higher commodity prices. ID:nL2N0X71M7
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.12 percent at 7:15 a.m. ET, S&P 500 e-mini futures ESc1 were down 0.14 percent and Nasdaq 100 e-mini futures NQc1 were down 0.03 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s; The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Canadian gold producers Alamos Gold Inc AGI.TO and AuRico Gold Inc AUQ.TO said they would merge in a deal valued at about $1.5 billion.
Bombardier Inc BBDb.TO is exploring a possible sale of all or part of its railway business, which bankers value at up to $5 billion, among options to pay for huge cost overruns in its aircraft business, sources familiar with the matter said. ID:nL5N0X73UD
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,199; -0.49 pct GOL/
US crude CLc1 : $52.22; +1.12 pct O/R
Brent crude LCOc1 : $58.38; +0.88 pct O/R
LME 3-month copper CMCU3 : $6,010; -0.48 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Sirius XM Canada Holdings Inc XSR.TO : CIBC cuts price target to C$7.50 from C$8
West Fraser Timber Co Ltd WFT.TO : RBC raises rating to "outperform" from "sector perform"
U.S. ECONOMIC DATA DUE ON MONDAY
1400 Federal budget,$ for Mar: Expected -43.0 bln; Prior -192.0 bln
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($1= C$1.26)