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Canadian markets news

TSX ends lower as resource stocks weigh
TORONTO (Reuters) - Canada's main stock index ended lower on Tuesday, weighed down by a retreat in energy and other resource stocks as well as slips in the two main railway companies as oil and copper prices retreated and Chinese data disappointed.
TSX lower to start holiday-shortened week  CTV News
TSX lower to start holiday-shortened week; Dow also down, snaps 7-day rally  Montreal Gazette  
Beer mega merger could be good for Molson Coors
Molson Coors Brewing Co. is poised to become an unintentional beneficiary of the potential merger of two of its biggest rivals. Anheuser Busch InBev announced Tuesday it has reached a tentative agreement with British-based SABMiller with a sixth ...
AB InBev Will Take Over SABMiller—and Much of the Beer World  Wall Street Journal
Anheuser-Busch Deal for SABMIller Comes at Rich Price  New York Times
Stephen Poloz says Bank of Canada not responsible for record debt
It's not the Bank of Canada's job to fix bad decisions consumers make with regards to debt loads in the current low rate environment, Stephen Poloz says.
Stephen Poloz Says He's Not Responsible For Your 'Bad Choices' ...  Huffington Post Canada
Not my job to protect borrowers from 'bad choices,' Stephen Poloz says  The Globe and Mail
US Steel cleared to split with Canadian unit, leaving thousands of pensioners ...
The court decision is the latest in a highly controversial battle between government, industry and workers. PHOTO U.S. Steel. TORONTO—The Ontario Superior Court of Justice has approved U.S.
Stock in Focus - United States Steel Corporation (NYSE:X)  Vanguard Tribune
Mix Wondering Stocks: United States Steel (NYSE:X), Ford Motor (NYSE:F ...  JBH News
Saudi-Bunge Venture to Build Grain Terminal in Southern Ontario
G3 Canada, the venture between Saudi Arabia and Bunge Ltd., plans to spend at least C$50 million ($38 million) to build a grain terminal in southern Ontario to boost exports from the East Coast.
Former Canada Wheat Board to open shipping terminal in Hamilton  The Globe and Mail
Bunge-Saudi JV to build C$50M Ontario grain terminal  Seeking Alpha
Alberta receives hundreds of submissions on climate change policy
Alberta's climate change advisory panel asked - and energy companies, trade associations, unions, think tanks and everyday Albertans answered.
Big Oil in Alberta supports carbon tax, panel submissions show  Yahoo News Canada (blog)
Sharing the global burden of climate policy  Business Spectator
US Stocks Slip Ahead of Earnings
U.S. stocks ended lower Tuesday, snapping a seven-session winning streak for the Dow Jones Industrial Average. The blue-chip index fell 49.97 points, or 0.3%, to 17081.89, snapping a stretch of gains that had been its longest since December.
Wall St. falls on worries about China growth, earnings  Reuters
Dow's win streak snapped at 7 days as stocks slump
CSX quarterly profit dips, but EPS above Wall St consensus
CHICAGO Oct 13 No. 3 U.S. railroad CSX Corp on Tuesday reported a slightly lower quarterly net profit as revenues were driven down primarily by slumping coal volumes, but its earnings beat expectations thanks in part to cost-reduction initiatives.
CSX Profit Beats Estimates as Cost Cuts Make Up for Coal Decline  Bloomberg
CSX Beats on Earnings, Misses on Revenues
China trade data: Beijing shows new signs of weakness
China's official growth target for 2015 could be at risk, after the world's second largest economy's imports slumped in September and export growth improved but remained in negative territory.
China's economy weak but hard landing unlikely: Trade report  TODAYonline
China's imports slide further, exports stay weak  The Straits Times
New hand-held launcher allows soldiers to program grenades for detonation
The maker of a new grenade launcher that can fire rounds that explode when they pass walls or barriers is “finalizing development” of a weapon it believes will give soldiers a serious edge, writes Kyle Jahner of Defense News.
Check Out The Army's New Toy: A Smart-Grenade Launcher  Daily Caller
US Army will test a smart grenade launcher that hits hidden targets  Engadget