Friday, February 28, 2014

TSX may open higher, helped by data, Mega Brands

Toronto Stock Exchange logo is seen in Toronto (Reuters) - Canada's main stock index looked set to open higher on Friday following slightly stronger than expected quarterly growth data, which helped offset worries surrounding Ukraine's political situation. Shares of Mega Brands Inc were also expected to rise after Toymaker Mattel Inc said it agreed to buy Mega Brands for about $460 million, including debt, to expand its construction and arts and crafts offerings. (Reporting by Mononshila Deka in Banagalore and Jeffrey Hodgson in Toronto; Editing by Chizu Nomiyama)








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