CANADA STOCKS-TSX may open higher despite the U.S. shutdown


Oct 1 (Reuters) - Canada's main stock index looked set toopen higher on Tuesday as investors remained calm despite thefirst U.S. government shutdown in 17 years.


* The U.S. government began a partial shutdown for the firsttime in 17 years, potentially putting up to 1 million workers onunpaid leave, closing national parks and stalling medicalresearch projects.

* Silvio Berlusconi on Monday faced dissent within hisPeople of Freedom Party, complicating his plans to bring downPrime Minister Enrico Letta's coalition government.

* Euro zone factory activity grew for the third monthrunning in September as stronger demand enabled manufacturers toraise prices for the first time since mid-2012, a survey showed.

* JPMorgan Chase & Co's possible $11 billion settlement ofgovernment mortgage probes has been complicated by a disputewith the Federal Deposit Insurance Corp over responsibility forlosses at the former Washington Mutual Inc, said people familiarwith the matter.

* Warren Buffett's Berkshire Hathaway Inc will receiveGoldman Sachs Inc stock worth nearly $2.15 billion on Tuesdaythrough warrants acquired as part of a deal originally signedduring the depths of the 2008 financial crisis.


* Canada stock futures traded up 0.19 percent

* U.S. stock futures , , were uparound 0.26 percent to 0.29 percent

* European shares, were up


* Thomson Reuters-Jefferies CRB Index : 285.3334;fell 0.27 percent

* Gold futures : $1,317.1; fell 0.71 percent

* US crude : $102.21; fell 0.12 percent

* Brent crude : $108.04; fell 0.3 percent

* LME 3-month copper : $7,215.75; fell 1.18 percent


* Intact Financial Corp : The property and casualtyinsurer said it will take catastrophe losses of C$199 million inthe third quarter due mainly to a series of bad weather eventsand a fiery train derailment that devastated the town ofLac-Megantic, Quebec in early July.


Following is a summary of research actions on Canadiancompanies reported by Reuters.

* Brookfield Office Properties Inc : CIBC cuts torating sector performer from sector outperformer afterBrookfield Property Partners announced a proposal toacquire "any or all" Brookfield Office Properties sharesoutstanding.

* Genivar Inc : Raymond James raises price target toC$30 from C$27 following a slew of positive data points for thecompany and the engineering services industry.

* Niko Resources Ltd : Canaccord Genuity cuts ratingto hold from buy and target price to C$6 from C$13.50 onfinancing concerns which were recently highlighted by thecompany's delinquency on rig payments.

* Primero Mining Corp : Cantor raises price target toC$7.05 from C$6.45 on increased confidence in the management'sability to ramp its San Dimas project according to plan.

* Twin Butte Energy Ltd : CIBC raises target priceto C$2.50 from C$2.25 after the company announced the sale of anon-core gas asset.


* Major Canadian economic data includes RBC ManufacturingPMI

* Major U.S. events and data includes Markit manufacturingPMI, construction spending and the ISM manufacturing employment

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