TSX opens lower - Bankers Pet, Raymond James Target $18.00

BANKERS PETROLEUM LTD. (Toronto:BNK.TO) Delayed quote data

Last Trade: 6.94 CAD Trade Time: 10:24AM EST Change: 0.16 (2.25%) Prev Close: 7.10 Open: 7.02 Bid: 6.93 Ask: 6.94 1y Target Est: N/A

Day's Range: 6.91 - 7.05 52wk Range: 4.42 - 9.74 Volume: 1,898,627 Avg Vol (3m): 2,700,930 Market Cap: N/A P/E (ttm): N/A EPS (ttm): N/A Div & Yield: N/A (N/A%)

CANADA STOCKS-TSX set to open lower on weak jobs data

09:01 EDT Friday, October 08, 2010

Oct 8 (Reuters) - Toronto's main stock index looked set to open lower on Friday, hurt by reports showing unexpected job losses in the United States and Canada.

FACTORS TO WATCH

* Canadian equity futures > pointed to a lower open.

* Canadian dollar touched a session low against the U.S. currency after the domestic economy unexpectedly lost 6,600 jobs in September. [CAD/] [ID:nN08200558]

* U.S. stock index futures rose on Friday as investors took a worse-than-expected jobs report as a sign the Federal Reserve would take more action to spur an economic recovery. [.N]

* European shares slipped, with Barclays leading the banking sector lower as a key investor effectively further cut his stake. [.EU]

* Markets in Asia were mostly down as investors took profits, but Shanghai bucked the trend to gain 3.1 percent, its highest level since early May as local markets caught up with a global rally after a week-long National Day holiday.

COMMODITY PRICE MOVES

* The Thomson Reuters-Jefferies CRB index <.CRB>, a global commodities benchmark, rose 0.07 percent in early trade.

* Oil prices slipped towards $80 a barrel, with some wary that the dollar-fuelled rally may have run ahead of supply and demand fundamentals. [O/R]

* Gold fell from Thursday's record high after a Federal Reserve official was quoted as saying the pursuit of further U.S. monetary easing was a "tough call". [GOL/]

* Copper on Friday fell further away from the week's two-year highs as cautious investors awaited clues on economic recovery and possible further monetary easing in the world's largest economy. [MET/L]

CANADIAN STOCKS TO WATCH

* Research in Motion : The United Arab Emirates will not suspend BlackBerry services on Oct. 11 after resolving a dispute with RIM over access to email and other data, state news WAM agency said on Friday. [ID:nLDE6970AM]

* TransCanada Corp : The Ontario government said on Thursday it no longer sees a need for Canada's largest pipeline company to build a C$1.2 billion ($1.18 billion) natural gas-fired power plant in the suburbs of Toronto because the region now has adequate power supplies. [ID:nN07214679]

* DragonWave Inc : The telecom equipment maker eked out a second-quarter profit on Thursday despite a fall-off in business from major customer Clearwire, as it looks ahead to booming interest in high-speed wireless networks. [ID:nN07167366]

ANALYST RECOMMENDATIONS

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

* Bankers Petroleum target price cut to C$18 from C$20; rating strong buy at Raymond James

* DragonWave target price raised to C$5.75 from C$4.75; rating underperform at Raymond James

* Kiska Metals coverage started with outperform rating; target price of C$1.70 at Raymond James

* Precision Drilling Corp. target price raised to C$9.25 from C$8.25; rating outperform at Raymond James

($1=$1.02 Canadian) (Reporting by Bangalore newsroom; editing by Jeffrey Hodgson)

©2010 CTVglobemedia Publishing Inc. All rights reserved.

VOLUME LEADERS

Symbol Name Last Trade Change Volume Related Info ARE-DBA.TO AECON GROUP INC 6.25% CV DEB 103.49 10:23AM EST 0.49 (0.48%) 6,464,000 More HNU.TO HORIZONS BETA PRO NYMEX NAT GAS 3.26 10:23AM EST 0.04 (1.24%) 2,773,828 More ELR.TO EASTERN PLATINUM LIMITED 1.49 10:20AM EST 0.03 (2.05%) 2,461,052 Reports, More AND.TO ANDEAN RESOURCES LIMITED 6.28 10:23AM EST 0.07 (1.13%) 2,262,704 Reports, More K.TO KINROSS GOLD CORP. 19.19 10:24AM EST 0.04 (0.21%) 2,099,193 Reports, More BBD-B.TO BOMBARDIER INC., CL. B, SV 5.25 10:23AM EST 0.02 (0.38%) 1,977,500 Reports, More WTN.TO WESTERN COAL CORP 6.80 10:23AM EST 0.11 (1.64%) 1,901,970 Reports, More BNK.TO BANKERS PETROLEUM LTD. 6.92 10:24AM EST 0.18 (2.54%) 1,894,427 Reports, More SUE.TO SULLIDEN GOLD CORPORATION LTD 1.25 10:24AM EST 0.05 (4.17%) 1,372,250 Reports, More GTE.TO GRAN TIERRA ENERGY INC. 7.71 10:21AM EST 0.21 (2.80%) 1,241,779 Reports, More CNL.TO CONTINENTAL GOLD LTD 6.90 10:08AM EST 0.21 (3.14%) 1,231,676 More HOU.TO HORIZON BETAPRO NYMEX CRDE OIL 6.74 10:24AM EST 0.09 (1.35%) 1,157,778 More MFC.TO MANULIFE FIN 12.43 10:24AM EST 0.16 (1.27%) 1,151,803 Reports, More CLQ.TO CANADA LITHIUM CORP 0.78 10:23AM EST 0.03 (4.00%) 1,116,241 More TCK-B.TO Teck Resources Limited 44.84 10:23AM EST 0.94 (2.14%) 1,052,115 Reports, More XIU.TO iSHARES SP TSX 60 INDEX FUND 18.13 10:20AM EST 0.06 (0.33%) 1,016,147 More LUN.TO LUNDIN MINING CORP. 5.40 10:23AM EST 0.10 (1.89%) 1,011,377 Reports, More AGU.TO AGRIUM INC 81.06 10:24AM EST 4.37 (5.70%) 976,897 Reports, More MAI.TO MINERA ANDES INC. 2.06 10:20AM EST 0.02 (0.98%) 883,737 Reports, More IAU.TO INTREPID MINES LTD. 1.59 10:23AM EST 0.04 (2.58%) 776,262 Reports, More YRI.TO YAMANA GOLD INC 11.69 10:24AM EST 0.03 (0.26%) 771,206 Reports, More HOD.TO HORIZON BETA PRO NYMEX CRDE OIL 9.19 10:22AM EST 0.13 (1.39%) 759,203 Reports, More RCI-B.TO ROGERS COMMUNICATIONS INC. CL B 39.87 10:23AM EST 0.03 (0.08%) 755,668 Reports, More HGU.TO HORIZONS BETAPRO S&P/TSX GLOBAL 16.43 10:24AM EST 0.13 (0.80%) 718,481 More G.TO GOLDCORP INC 44.72 10:24AM EST 0.31 (0.70%) 703,333 Reports, More

Yamana Gold Runs Up And Down - Time To Buy Gold!

Yamana Gold

YRI-T

1:25pm = $11.56

Has Dipped

After Gold Pulls Back After It Hits Record High Today

of $1360.00

We think that Yamana is

heading back thru $12.24 by Tuesday

YAMANA GOLD INC (Toronto:YRI.TO) Delayed quote data

Last Trade: 11.56 CAD Trade Time: 1:06PM EST Change: 0.37 (3.10%) Prev Close: 11.93 Open: 12.03 Bid: 11.55 Ask: 11.56 1y Target Est: N/A

Day's Range: 11.45 - 12.05 52wk Range: 9.47 - 15.00 Volume: 5,336,857 Avg Vol (3m): 3,586,550 Market Cap: N/A P/E (ttm): N/A EPS (ttm): N/A Div & Yield: 0.056 (0.47%)

1d 5d 3m 6m 1y 2y 5y max

YAMANA GOLD THIRD QUARTER FINANCIAL RESULTS RELEASE NOTIFICATION AND CONFERENCE CALL

Mon Oct 4, 8:00 AM

TORONTO, Oct. 4 /PRNewswire-FirstCall/ - YAMANA GOLD INC. (TSX: YRI; NYSE: AUY; LSE: YAU) today announced that its third quarter results will be released after market close on November 3, 2010 followed by a conference call on November 4, 2010 at 11:00 a.m. ET.

    Q3 Conference Call Information:     Toll Free (North America):                                  888-231-8191     International:                                              647-427-7450     Participant Audio Webcast:                                www.yamana.com      Q3 Conference Call REPLAY:     --------------------------      Toll Free Replay Call (North America):   800-642-1687, Passcode 14351681                                                  followed by the number sign      Replay Call:                             416-849-0833, Passcode 14351681                                                  followed by the number sign 

The conference call replay will be available from 2:45 p.m. ET on November 4, 2010 until 11:59 p.m. ET on November 18, 2010.

About Yamana

Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. Yamana plans to continue to build on this base through existing operating mine expansions, throughput increases, development of new mines, the advancement of its exploration properties and by targeting other gold consolidation opportunities with a primary focus in the Americas.

SOURCE Yamana Gold Inc.

House Positions for C:YRI from 20101007 to 20101007

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
7 TD Sec	362,717	4,263,511	11.754	143,947	1,692,360	11.757	218,770	-2,571,151
11 MacQuarie	846,300	9,961,695	11.771	677,000	7,985,072	11.795	169,300	-1,976,623
79 CIBC	1,462,340	17,087,099	11.685	1,320,401	15,442,460	11.695	141,939	-1,644,639
123 Citigroup	81,998	963,772	11.754	16,400	189,675	11.566	65,598	-774,097
2 RBC	160,007	1,874,658	11.716	95,432	1,116,911	11.704	64,575	-757,747
65 Goldman	111,771	1,306,046	11.685	56,350	659,486	11.703	55,421	-646,560
9 BMO Nesbitt	110,595	1,289,606	11.661	64,313	760,460	11.824	46,282	-529,146
80 National Bank	322,900	3,773,787	11.687	281,950	3,294,897	11.686	40,950	-478,890
20 Stonecap	133,600	1,599,158	11.97	100,000	1,197,000	11.97	33,600	-402,158
15 UBS	232,700	2,721,637	11.696	213,700	2,501,081	11.704	19,000	-220,556
81 HSBC	15,870	183,972	11.592	2,000	23,210	11.605	13,870	-160,762
124 Questrade	13,980	162,788	11.644	4,300	50,200	11.674	9,680	-112,588
25 Odlum	5,000	57,580	11.516	0			5,000	-57,580
26 Commission Direct	2,017	23,263	11.533	0			2,017	-23,263
83 Mackie	4,000	46,960	11.74	2,400	28,128	11.72	1,600	-18,832
19 Desjardins	48,615	568,903	11.702	47,900	560,297	11.697	715	-8,606
89 Raymond James	2,250	26,231	11.658	1,600	19,086	11.929	650	-7,145
74 GMP	475	5,487	11.552	0			475	-5,487
36 Latimer	7,100	83,219	11.721	6,800	79,273	11.658	300	-3,946
37 MacDougall	200	2,348	11.74	0			200	-2,348
92 Pollitt	0			5	59	11.80	-5	59
13 Instinet	82	962	11.732	300	3,609	12.03	-218	2,647
60 MF Global Can	63,700	742,858	11.662	64,300	749,047	11.649	-600	6,189
121 Jennings	0			1,000	11,750	11.75	-1,000	11,750
63 Byron	14,484	170,142	11.747	16,073	189,288	11.777	-1,589	19,146
58 Qtrade	1,770	21,002	11.866	3,600	42,279	11.744	-1,830	21,277
33 Canaccord	28,600	336,625	11.77	30,803	362,659	11.773	-2,203	26,034
52 NCP	4,000	48,120	12.03	10,000	116,750	11.675	-6,000	68,630
39 Merrill Lynch	11,300	132,080	11.688	26,702	312,859	11.717	-15,402	180,779
31 Dominick	35,100	410,549	11.697	53,100	619,990	11.676	-18,000	209,441
250 Infinium Capital	3,700	43,397	11.729	24,425	292,193	11.963	-20,725	248,796
5 Penson	89,400	1,045,209	11.691	110,900	1,293,795	11.666	-21,500	248,586
16 Paradigm	0			27,600	317,400	11.50	-27,600	317,400
53 Morgan Stanley	372	4,475	12.03	39,795	467,155	11.739	-39,423	462,680
14 ITG	4,200	48,923	11.648	69,045	813,030	11.775	-64,845	764,107
101 Newedge	36,900	430,642	11.671	122,900	1,452,573	11.819	-86,000	1,021,931
1 Anonymous	507,800	5,937,539	11.693	609,200	7,123,488	11.693	-101,400	1,185,949
99 Jitney	196,600	2,290,878	11.652	315,500	3,678,328	11.659	-118,900	1,387,450
72 Credit Suisse	5,950	69,224	11.634	147,817	1,731,852	11.716	-141,867	1,662,628
85 Scotia	412,664	4,816,856	11.673	633,499	7,373,501	11.639	-220,835	2,556,645
TOTAL	5,341,057	62,551,201	11.711	5,341,057	62,551,201	11.711	0	0