December 12, 2022 - 2:21 PM
TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,019.70, up 72.63):
Suncor Energy Inc. (TSX:SU). Energy. Up 97 cents, or 2.40 per cent, to $41.35 on 16 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 44 cents, or 0.59 per cent, to $75.09 on 15.2 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 22 cents, or 0.41 per cent, to $53.61 on 12.8 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 13 cents, or 0.54 per cent, to $24.32 on 12.7 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up 11 cents, or 0.49 per cent, to $22.77 on 9.5 million shares.
Bank of Nova Scotia (TSX:BNS). Financials. Down 47 cents, or 0.69 per cent, to $68.19 on 8.5 million shares.
Companies in the news:
TC Energy Corp. (TSX:TRP). Up 11 cents, or 0.19 per cent, to $57.85. Spills from TC Energy Corp.'s Keystone pipeline have been increasing in severity in recent years, to the point that the pipeline's safety record is now worse than the U.S. average, U.S. government data shows. The 4,324-kilometre pipeline — which is owned by Canada's TC Energy and helps to move Canadian and U.S. crude oil to markets around North America — suffered the worst leak in its history last week, when approximately 14,000 barrels of oil spilled into a creek in Washington County, Kan.
Constellation Software Inc. (TSX:CSU). Up $54.92, or 2.63 per cent, to $2,143.91. Constellation Software Inc. said it will buy U.S. tech company WideOrbit Inc., merge the firm with its subsidiary Lumine Group and then spin them off into a separate business. The Toronto software company said the purchase will involve an undisclosed cash payment, as well as the issuance of a 14 per cent stake in the Lumine Group to WideOrbit shareholders. San Francisco-based WideOrbit develops sales, traffic, billing and broadcast automation software for media companies and has annual gross revenues of roughly US$167 million.
First Capital Real Estate Investment Trust (TSX:FCR.UN). Up eight cents, or 0.48 per cent, to $16.88. Activist investor Sandpiper Group is seeking to replace four of the nine trustees at First Capital Real Estate Investment Trust, including chair Bernard McDonell. Sandpiper chief executive Samir Manji said the incumbent board and management are pursuing strategies that will dismantle First Capital's irreplaceable portfolio. Sandpiper said, together with its joint actor Artis Real Estate Investment Trust, it holds about a nine per cent stake in First Capital.
This report by The Canadian Press was first published Dec. 12, 2022.
News from © The Canadian Press, 2022