September 27, 2017 - 1:41 PM
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,609.66, up 135.54 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 17 cents, or 7.49 per cent, to $2.10 on 24.7 million shares. Investors in the Montreal-based company weighed the prospect of a 219 per cent duty on U.S. sales of its flagship CSeries passenger jets and the European merger of its railway rivals Siemens and Alstom.
Encana Corp. (TSX:ECA). Oil and gas. Up 44 cents, or 3.08 per cent, to $14.73 on 6.4 million shares.
Manulife Financial Corp. (TSX:MFC). Financial Services. Up 59 cents, or 2.38 per cent, to $25.36 on 5.3 million shares.
Toronto-Dominion Bank (TSX:TD). Bank. Up 91 cents, or 1.31 per cent, to $70.29 on 4.8 million shares.
Tahoe Resources Inc. (TSX:THO). Miner. Down 80 cents, or 11.35 per cent, to $6.25 on 3.9 million shares.
Titan Medical Inc. (TSX:TMD). Health care. Up 4.5 cents, or 18.37 per cent, to 29 cents on 3.7 million shares.
Companies reporting major news:
Metro Inc. (TSX:MRU). Grocer. Up $3.52, or 8.78 per cent, to $43.61 on 1.7 million shares. The Montreal-based grocery and drugstore operator says it is in exclusive discussions regarding a merger with Quebec-based pharmacy chain Jean Coutu Group (TSX:PJC.A) (Up $1.45, or 6.28 per cent, to $24.54 on 767,349 shares). Metro would acquire Jean Coutu at a price of $24.50 per share, to be paid 75 per cent in cash and 25 per cent in shares. Jean Coutu has more than 400 stores in Quebec, New Brunswick and Ontario, while Metro has more than 600 stores in Quebec and Ontario.
News from © The Canadian Press, 2017