March 12, 2020 - 1:38 PM
TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (12,508.45 points, down 1,761.64 points).
Bombardier Inc. (TSX:BBD.B). Industrials. Down 19 cents, or 22.89 per cent, to $0.64 on 29.83 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $3.30, or 15.90 per cent, to$17.46 on 26.04 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 21 cents, or 17.95 per cent, to $0.96 on 18.17 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down $5.35, or 20.66 per cent, to $20.55 on 17.86 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Down $6.16, or 10.62 per cent, to $51.84 on 17.54 million shares.
Inter Pipeline Ltd. (TSX:IPL) Energy. Down $3.63, or 27.65 per cent, to $9.50 on 16.33 million shares.
Companies in the news:
Quebecor Inc. (TSX:QBR.B) Down $3.27, or 10.6 per cent, to $27.59. Quebecor Inc.'s quarterly dividend will rise 78 per cent with its next payment to shareholders in April, the company announced Thursday along with a higher fourth-quarter profit and adjusted earnings that beat analyst estimates. The Montreal-based company said its quarterly dividend will rise to 20 cents per share, payable April 21, up from 11.25 cents.
Empire Co. Ltd. (TSX:EMP.A). Down $4.64, or 16.0 per cent, to $24.29. Empire Co. Ltd. has seen a sales bump as Canadians buy more than usual in an effort to prepare amid the growing novel coronavirus outbreak. CEO Michael Medline said customers are preparing in case of an emergency and the company has seen a clear acceleration in certain categories.
Transat AT Inc. (TSX:TRZ). Down $2.16, or 16.9 per cent, to $10.59. Travel company Transat AT Inc. has seen daily bookings drop off since late February, with a steep year-over-year decline this month as travel fears spread with COVID-19. Daily bookings fell 50 per cent year-over-year in the last few days, chief financial officer Denis Petrin told shareholders at their annual meeting in Montreal on Thursday. Transat opted not to provide an outlook for the second quarter or the summer — which now touts lower prices to attract wary travellers.
This report by The Canadian Press was first published March 12, 2020.
News from © The Canadian Press, 2020