Canada Stock TSX Open Litle and Higher by Mining Shares and Mixed Commodities

Canada main stock index in Toronto can open little changed on Monday as copper and oil prices and increased Gold slipped on a day when U.S. markets will remain closed for Independence Day.

The Toronto Stock Exchange S & P / TSX composite index . GSPTSE lost 4.4 percent last week, hitting the lowest in more than four months as resource issues, particularly gold miners, stumbled heavily.

OIL slightly higher

U.S. crude oil climbed above $ 72 a barrel on Monday,

breakage of a five-day losing streak, but gains were limited due

concerns that slowing growth in the global economy could reduce demand.

[O / R] [ID: nSGE66405P]

COPPER rises

Copper prices rose on the back of the weak U.S. dollar and

Buy arbitration in Shanghai. [MET / L]

Gold Prices Dip

Gold prices lower sharp edges below $ 1,210 per ounce at

Monday as risk aversion that drove prices to record highs

last month declined with caution during the American Revolutionary War

Day holiday also keep a lid on profits. [GOL /]

Sino-Forest SIGNS FINANCING DEAL

Forest plantation operator Sino Forest Corp. (TRE.TO: Quote) said:

Monday at the Sino-Panel Investments Ltd. unit has entered

a financing agreement for up to 10 billion RMB ($ 1.5 billion)

with China Development Bank Corp. for projects in China.

[ID: nSGE6610KA]

VALE Deal reached in Sudbury

Vale (VALE5.SA: Quote) said on Sunday reached a preliminary

contract agreement with workers at the Sudbury, Ontario, nickel

and copper mining operation, signaling the end of a bitter,

year-long strike. [ID: nN04213666]

NORD RESOURCES fired

Nord Resources Corp said on Monday it was NRD.TO

temporary suspension of mining and crushing of ore in the

Johnson Camp Mine and was laying off 43 people on the copper

mine for cost reduction purposes.

Canadian dollar slips

The Canadian dollar fell against its U.S. counterpart on

Monday morning, as investor demand disappeared in favor of the euro.

[ID: nN05235183]

RESEARCH ROUNDUP

Following is a summary of research actions on Canadian

companies reported by Reuters. [RCH / CA]

* Raymond James cuts Cervus Equipment (CVL.V: Quote) target

to EUR 13 from EUR 14, outperform rating

* Raymond James cuts Rocky Mountain dealers (RME.TO: Quote)

target price to C $ 10.50 C $ 13; outperform rating

* CIBC does Angle Energy (NGL.TO: Quote) price target from C $ 10.25

C $ 9.50, rating outperform

Taseko Mines Ltd. * Paradigm cuts (TKO.TO: Quote) price target to

C $ 6.50 from $ 7.75 C; buy rating

($ 1 = $ 1.07 Canadian)

The main stock index could increase Toronto?s opening on Thursday, led by mining shares after China reported a rise in exports, raising the demand outlook. Data released on Thursday morning provided a mixed reading on the Canadian economy. Canada posted a smaller than excepted trade surplus in April as the value of both exports and imports fell. Statistics Canada also reported that new home in Canada, prices rose for the 10th consecutive Mon

Stocks rose in Europe after the European Central Bank and the Bank of England kept their key interest rates unchanged, as widely expected, and as the head of the national pension fund of China said that the euro, Europe?s debt crisis again.

Here?s some news that could affect share prices:

OIL UP

Oil climbed above $ 74 a barrel Thursday after data showed an increase in Chinese exports in May and as the IEA revised upwards estimates of global oil demand growth this year. [O / R]

COPPER steady

Copper stabilized on Thursday, supported by a stronger euro and equity markets, while a decline in copper imports from China, the world?s largest consumer capped further gains. [MET / L]

GOLD DIPS

Gold eased below $ 1,225 an ounce in Europe on Thursday as equity markets rose and the euro climbed against the dollar resulting from increased appetite for assets considered a higher risk at the expense of precious metal?s. [GOL /]

LULU LEMON PROFIT jumps

Lulu Lemon Athletica Inc. (LLL.TO) (LULU.O) said on Thursday its fiscal first-quarter profit more than tripled as demand for yoga and workout wear increased significantly. [ID: nN10186339]

TRANSAT PROFIT DROPS

Transat AT Inc. (TRZb.TO) on Thursday reported a 85 percent drop in quarterly profit as lower selling prices and the strengthening Canadian dollar hurt the leisure travel company. [ID: nSGE6590GK]

DOLLARAMA PROFIT doubles

Dollarama Inc?s (DOL.TO) quarterly earnings more than doubled on Thursday, helped by the addition of new stores. [ID: nSGE6590GI]

ARC Energy to BUY STORM EXPLORATION

ARC Energy Trust (AET_u.TO) on Thursday said it agreed to pay about C $ 680,000,000 ($ 652,000,000) to acquire Storm Exploration Inc. (SEO.TO), what assets near Dawson ARC?s field, identified as the lowest cost unconventional gas play in Canada. [ID: nSGE65904D]

RESEARCH ROUNDUP

Following is a summary of research actions on Canadian companies reported by Reuters. [RCH / CA]

Note: All values in RESEARCH ROUNDUP in Canadian dollars, unless otherwise indicated.

* Grif Interactive Media (MDF.TO) increased to $ 9.70 from $ 8; rating buy Acumen Capital

* ADF Group Inc. (DRX.TO) reduced to $ 3 to $ 3.50, to outperform rating at Raymond James

* Forzani Group (FGL.TO) increased to $ 20 from $ 19, rated outperform at RBC

* Kirkland Lake Gold Inc. (KGI.TO) started to market perform rating, price target $ 9 at Raymond James

* Le Chateau Inc. (CTUa.TO) reduced to $ 17 from $ 18; rating to buy from Versant

* Viterra Inc. (VT.TO) raised to outperform the market by BMO ($ 1 = $ 1043 Canadian run).

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Canadian Bank BMO Financial Group says it agreed to buy Marshall & Ilsley Corp. for $4.1 billion in stock in an effort to expand its North American business. Under terms of the deal, each share of Marshall & Ilsley, based in Milwaukee, Wis., will be exchanged for 0.1257 of BMO Financial shares. BMO plans to raise an additional $800 million Canadian dollars ($795 million) in equity before the deal closes.

BMO says the deal will help its earnings in 2013, excluding one-time acquisition costs of CA$540 million ($536 million).

BMO, based in Toronto, is buying Marshall & Ilsley's Troubled Asset Relief Program preferred shares and will repay them in full before the acquisition closes. The deal is expected to close by July 31.