Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,382.78, up 80.98 points):
Romarco Minerals Inc. (TSX:R). Miner. Up 12.5 cents, or 31.65 per cent, to 52 cents on 35.4 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 19 cents, or 9.74 per cent, to $1.76 on 24.22 million shares. Bombardier said it will delay the debut of a new business jet it had touted as an example of its forward-thinking as it announced plans Thursday to cut costs amid a drop in profits. After his first full quarter at the helm, CEO Alain Bellemare said he has a better grasp of what the company needs to do to turn around and it is looking to reduce the cost of making its planes and trains.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up $2.19, or 6.33 per cent, to $36.81 on 8.3 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Down $1.18, or 10.44 per cent, to $10.12 on 7.8 million shares.
Ivernia Inc. (IVW:TSX). Miner. Down half-a-cent, or 33.33 per cent, to one cent on 6.1 million shares.
North American Palladium Ltd. (TSX:PDL). Miner. Unchanged at two cents on 5.7 million shares.
Companies reporting major news:
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up 39 cents, or 2.10 per cent, to $19.00 on 3.6 million shares. Cenovus Energy says 300 to 400 workers will be let go from its Calgary office by year end as hopes for a quick recovery in oil prices evaporate. The cuts announced Thursday are on top of 800 positions Cenovus eliminated in February.
Quebecor Inc. (TSX:QBR.B). Media, telecommunications. Down 38 cents, or 1.27 per cent, to $29.60 on 147,812 shares. Quebecor Inc. earned $72.1 million in its latest quarter as growth in its wireless business helped grow its revenue. The media and telecommunications company said the profit amounted to 59 cents per share in the quarter ended June 30, compared with a loss of $54.8 million or 45 cents per share a year ago.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.