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Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,156.40, down 118.04 points).
Aurora Cannabis Inc. (TSX:ACB). Health care. Down 16 cents, or 1.71 per cent, to $9.20 on 29.3 million shares.
Bombardier Inc. (TSX:BBD.B). Down 15 cents, or 5.66 per cent, to $2.50 on 22.6 million shares.
Aphria Inc. (TSX:APH). Health care. Down $1.57, or 9.5 per cent, to $14.96 on 6.2 million shares
Enbridge Inc. (TSX:ENB). Energy. Up three cents, or 0.07 per cent, to $43.52 on 6.1 million shares
Baytex Energy Corp. (TSX:BTE). Energy. Down 13 cents, or 4.94 per cent, to $2.50 on 5.4 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 16 cents, or 0.72 per cent, to $22.17 on 5 million shares.
Companies reporting major news:
Bombardier Inc. A Bombardier-Alstom consortium has received a $448-million order by Montreal’s transport agency for more Azur metro cars, but that won’t save at least 100 workers from layoffs. The fresh deal for 153 rail cars comprises 17 trains of nine cars each, with deliveries set to start in the spring of 2020, according to the consortium and the Societe de transportation de Montreal (STM). The Montreal-based Bombardier’s share adds up to $281 million, with French rail giant Alstom claiming $167 million.
Hudson’s Bay Co. (TSX:HBC). Down 29 cents, or 3.37 per cent to $8.32. European sports chain Decathlon is replacing Saks Off Fifth in a spot over two floors at the Montreal Eaton Centre. Hudson’s Bay Company says it and mall developer Ivanhoe Cambridge have mutually agreed to no longer open a Saks Off Fifth location. The Toronto-based department store chain owner said plans for the location have been abandoned “due to a number of factors,” but refused to reveal what those factors are. France-based sporting goods store Decathlon will open in the Saks space next fall, the first for a downtown location in Canada.
Aurora Cannabis Inc. (TSX:ACB). The cannabis producer saw “strong demand” for recreational pot during the initial few weeks of legalization in Canada and it expects consumer appetite to continue to outstrip supply for “some time.” The Edmonton-based pot producer said it was able to meet “just about all” of its supply obligations leading up to and after pot for adult use was legalized on Oct. 17, but it will take time to ramp up its cannabis production in the coming quarters. The company delivered revenues of $29.7 million, more than triple the $8.2 million during the same period last year. It also posted a profit of $104.2 million, up from nearly $3.6 million a year ago, boosted by an unrealized non-cash gain on derivatives and marketable securities.
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