January 07, 2019 - 2:16 PM
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,504.13 up 77.51 points).
ClearStream Energy Services Inc. (TSX:CSM). Energy. Unchanged at 7.5 cents on 16.2 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Up three cents, or 0.68 per cent, to $4.41 on 11.9 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 86 cents, or 1.97 per cent, to $44.58 on 9.6 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent, or 0.45 per cent to $2.21 on 6.9 million shares.
Encana Corp. (TSX:ECA). Energy. Unchanged at $8.33 on 6.8 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Down three cents, or 0.43 per cent, to $6.99 on 6.8 million shares.
Companies reporting:
Quebecor Inc. (TSX:QBR.B). Up 69 cents or 2.4 per cent to $29.62. Quebecor's chief financial officer Jean-Francois Pruneau has been appointed to head the company's Videotron business after the departure of its previous CEO. The company's new chief financial officer is Hugues Simard, who had been with the company from 1998 to 2017, while Marc Tremblay has been promoted to Quebecor's chief operating officer.
Bausch Health Companies Inc. (TSX:BHC). Up $1.26 or 4.4 per cent to $29.75. Bausch Health is predicting revenue growth this year as the drug maker emerges from a mountain of debt and lawsuits. CEO Joseph Papa said Monday he expects Bausch — formerly known as Valeant Pharmaceuticals — will double revenue from its seven major products to between US$150 million and US$300 million, driving overall sales growth. Papa, in presentation notes ahead of a health-care conference in San Francisco, said he aims to put another US$1 billion-plus toward debt reduction and "bolt-on" acquisitions in 2019.
News from © The Canadian Press, 2019