March 01, 2018 - 1:54 PM
Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,393.95, down 48.73 points)
Aurora Cannabis Inc. (TSX:ACB). Health care. Up 38 cents, or 3.65 per cent, to $10.78 on 11.3 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down eight cents, or 1.97 per cent, to $3.98 on 10.1 million shares.
BELLUS Health Inc. (TSX:BLU). Biotechnology. Unchanged at 41 cents on 9.3 million shares.
Canopy Growth Corp. (TSX:WEED). Health care. Up $2.61, or 9.54 per cent, to $29.96 on 6.8 million shares.
Crescent Point Energy (TSX:CPG). Oil and gas. Down 77 cents, or 8.34 per cent, to $8.46 on 6.6 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up six cents, or 0.64 per cent, to $9.40 on 6.5 million shares.
Companies reporting major news:
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Up three cents, or 0.08 per cent, to $39.78 on 4.1 million shares. The oilsands giant says it is moving up planned maintenance shutdowns at its heavy oil projects in northern Alberta and will slow down production from new wells to avoid selling the product at current poor prices. On a conference call to discuss fourth-quarter earnings that beat analyst expectations, the Calgary-based company said Thursday it plans to drill only 59 net Alberta heavy oil wells in the current quarter, down from 116 drilled in the fourth quarter.
Toronto-Dominion Bank (TSX:TD). Bank. Up 92 cents, or 1.24 per cent, to $74.92 on 5.9 million shares. The Toronto-based bank's first-quarter profits surpassed market expectations, despite a hefty charge due to U.S. tax reform, to close out another strong earnings season for Canada's biggest lenders. TD reported first-quarter net income of $2.353 billion, marking a seven per cent drop from the same period in 2017. But after adjusting for one-time items, TD reported adjusted diluted earnings of $2.946 billion or $1.56 per share, a 15 per cent jump from the previous year.
News from © The Canadian Press, 2018