Most actively traded companies on the TSX - InfoNews

Current Conditions

Cloudy
-3.2°C

Most actively traded companies on the TSX

February 06, 2019 - 1:58 PM

Some of the most active companies traded Wednesday on the Toronto Stock Exchange:

Toronto Stock Exchange (15,712.31, up 9.62 points).

Aurora Cannabis Inc. (TSX:ACB). Health care. Down 36 cents, or 3.48 per cent, to $9.98 on 19 million shares.

Bombardier Inc. (TSX:BBD.B). Industrials. Up 12 cents, or 6.22 per cent, to $2.05 on 16.4 million shares.

Aphria Inc. (TSX:APHA). Health care. Down $1.27, or 9.03 per cent, to $12.80 on 11.2 million shares.

Baytex Energy Corp. (TSX:BTE). Energy. Down eight cents, or 3.74 per cent, to $2.06 on 7.4 million shares.

Barrick Gold Corp. (TSX:ABX). Materials. Down three cents, or 0.17 per cent, to $17.50 on 6 million shares.

The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down 28 cents, or 7.63 per cent, to $3.39 on 5.2 million shares.

Companies reporting:

Restaurant Brands International Inc. (TSX:QSR). Up $1.09 to $82.66. Tim Hortons and an association representing some of its frustrated franchisees are close to reaching a settlement in two class-action lawsuits the group filed against the coffee-and-doughnut chain. The first lawsuit, filed in June 2017, alleged Restaurant Brands International, the parent company of Tim Hortons, improperly used funds from a national advertising fund. The second lawsuit alleged RBI subverted the franchisees' right to associate. RBI also denied these allegations and they were also not proven in court.

Bombardier Inc. — Bombardier can rest a little easier after European antitrust authorities blocked a plan by manufacturing giants Siemens and Alstom to merge their rail operations, analysts say. The scuppered merger would have given the combined company a "dominant position" in Europe and left Bombardier's passenger rail operations a "distant third" globally, said analyst Cameron Doerksen of National Bank Financial. Bombardier said it was "pleased" with the European Commission ruling on the merger.

Suncor Energy Inc. (TSX:SU). Up 26 cents to $43.76. Suncor is calling on the Alberta government to make an earlier-than-planned exit from the oil curtailment program it enacted on Jan. 1 because of its "unintended consequences." CEO Steve Williams said the program designed to draw down crude storage levels and free up space on export pipelines has worked too well, reducing local price discounts to the point that shipping crude by rail into the United States is no longer financially sustainable. The criticism came as Suncor reported a $280-million net loss in the fourth quarter of 2018, in part due to the very price discounts the curtailments are designed to reduce.

Aphria Inc. (TSX:APHA). — Aphria Inc.'s board has formally rejected a hostile takeover bid by Green Growth Brands Inc., saying it "significantly undervalues" the company and would have "negative repercussions." The all-stock offer of 1.5714 shares of Green Growth Brands (GGB) for each Aphria share is "inadequate" and not in the interest of shareholders, the company's independent board chairman Irwin Simon said. Negative repercussions include a delisting from the Toronto Stock Exchange and the New York Stock Exchange, he added.

News from © The Canadian Press, 2019
The Canadian Press

  • Popular kelowna News
  • Comments
View Site in: Desktop | Mobile