August 29, 2014 - 2:09 PM
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,625.73, up 67.56 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Down 12 cents, or 3.17 per cent, to $3.66 on 9.6 million shares. Swedish company Braathens Aviation says it no longer wants to be the formal launch operator or first recipient of Bombardier's new CSeries commercial passenger jet because of uncertainty surrounding the program.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Up 33 cents, or 4.35 per cent, to $7.92 on 7.8 million shares. A big weight has been lifted off the company with the sale of its Dover oilsands stake finally closing. The sale, to a Canadian unit of PetroChina, will bring in proceeds of $1.184 billion, $600 million of which has already been paid in cash.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 85 cents, or 1.78 per cent, to $48.62 on 3.2 million shares.
Manulife Financial Corp. (TSX:MFC). Up four cents, or 0.18 per cent, to $21.95 on 3.2 million shares.
Toronto-Dominion Bank (TSX:TD). Bank. Down 13 cents, or 0.23 per cent, to $57.25 on 3.2 million shares
Canexus Corp. (TSX:CUS). Chemicals. Up two cents, or 0.38 per cent, to $5.35 on 2.9 million shares.
Companies reporting major news:
Canadian Energy Services and Technology Corp. (TSX:CEU). Oil and gas. Up 26 cents, or 2.46 per cent, to $10.82 on 344,138 shares. The company has signed a deal to buy U.S. company Southwest Treating Products LLC. The provider of specialty chemicals for the oil and gas industry said the deal will speed the expansion of its operations in the west Texas Permian Basin and the Eagle Ford shale region in south Texas.
Osisko Gold Royalties Ltd. (TSX:OR). Miner. Up four cents, or 0.27 per cent, to $15.04 on 136,932 shares. The royalty company has increased its stake in NioGold Mining Corp. to 19.5 per cent. The company said it paid $4.9 million for 14 million flow-through shares of NioGold at a price of 35 cents per share.
News from © The Canadian Press, 2014