CANADA STOCKS-TSX may open lower after hitting two-week high Friday

Feb 10 (Reuters) - Canadian stock index futures pointed to a lower open on Monday after hitting a two-week high on Friday in the wake of North American jobs data.

TOP STORIES

* An index measuring optimism among British businesses hit its highest for 22 years in January, providing more evidence of a rebound in the UK economy. News Search ID:nL5N0LE0JZ

* Cameco CCO.TO on Friday scrapped its lofty production target for uranium due to excess global supply in an uncertain market. News Search ID:nL2N0LD02K

* Loews Corp, controlled by the billionaire Tisch family, reported a bigger quarterly loss, hurt by impairment charges.

News Search ID:nL3N0LF3M8

* Barclays Plc said its 2013 underlying earnings dropped by a quarter from the year before to 5.2 billion pounds, below expectations. News Search ID:nL5N0LF1EH

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MARKET SNAPSHOT

* Canada stock futures 0#SXF: traded down 0.22 percent

* U.S. stock futures 0#SP: , 0#DJ: , 0#ND: were down modestly Href="NewsSearch">.N

* European shares .FTEU3 , .STOXX were up Href="NewsSearch">.EU

COMMODITY PRICE MOVES

* Thomson Reuters-Jefferies CRB Index .TRJCRBTR : 289.7936; fell 0.21 percent

* Gold futures GCc1 : $1,273.4; rose 0.8 percent Href="NewsSearch">GOL/

* US crude CLc1 : $99.52; fell 0.36 percent Href="NewsSearch">O/R

* Brent crude LCOc1 : $109.35; fell 0.2 percent Href="NewsSearch">O/R

* LME 3-month copper CMCU3 : $7,144; rose 0.04 percent

Href="NewsSearch">MET/L

CANADIAN STOCKS TO WATCH

* HudBay Minerals Inc HBM.TO : The company has offered to buy shares of Augusta Resource Corp AZC.TO it does not already own for C$2.96 per share in stock, to gain access to Augusta's Rosemont copper deposit in Arizona. News Search ID:nL3N0LF1I3

ANALYSTS' RECOMMENDATIONS

Following is a summary of research actions on Canadian companies reported by Reuters. Href="NewsSearch">RCH/CA

* Dorel Industries Inc DIIb.TO : CIBC cuts target price to C$39 from C$41 after the company announced earnings would be low, sees results strained through the forecast period

* Firstservice Corp FSV.TO : CIBC raises target price to C$50 from C$40 ahead of the company's results, sees increase in revenue and says global industry volumes increased 22 percent

* Gluskin Sheff + Associates Inc GS.TO : CIBC raises target price to C$31.50 from C$24 based on strong investment performance and improving net flows

ON THE CALENDAR

* Major Canadian data includes housing starts ECONCA

* No major economic events scheduled in the day

($1= $1.10 Canadian)

(Reporting by Mononshila Deka in Bangalore and Jeffrey Hodgson in Toronto; Editing by Bernadette Baum)

((mononshila.deka@thomsonreuters.com)(91 80 6749 3006)(Reuters Messaging:)(mononshila.deka.thomsonreuters.com@reuters.net))

Keywords: MARKETS CANADA/STOCKS