TORONTO Some of the most active companies listed on the Toronto Stock Exchange on Friday:
Toronto Stock Exchange (16,438.75, down 62.28 points.)
Toronto-Dominion Bank (TSX: TD). Finances. Down 14 cents, or 0.23%, to $ 60.42 on 6.96 million shares.
BlackBerry Ltd. (TSX: BB). Technology. Down 17 cents, or 2.5%, to $ 6.64 on 6.46 million shares.
Enbridge Inc. (TSX: ENB). Energy. Up 23 cents, or 0.6%, to $ 38.86 on 6.45 million shares.
Suncor Energy Inc. (TSX: SU). Energy. Down 38 cents, or 2.37 percent, to $ 15.67 on 6.34 million shares.
Royal Bank of Canada (TSX: RY). Finances. Up 27 cents, or 0.28%, to $ 97.34 on 6.2 million shares.
Bombardier Inc. (TSX: BBD.B). Industrialists. Down half a cent, or 1.52 percent, to 32.5 cents on 4.25 million shares.
Companies in the news:
Calfrac Well Services Ltd. (TSX: CFW). Up to half a cent, or 2.86 percent, at 18 cents. Shareholders of indebted Calgary-based Calfrac Well Services narrowly approved a management-proposed recapitalization plan, canceling a takeover bid from Texas rival Wilks Brothers, LLC.
Toronto-Dominion Bank. (TSX: TD). Plaid Inc. denies using the TD Banks logo to trick customers into transmitting personal information that the US-based data company could monetize, and says it is disappointed that a TD subsidiary has taken legal action against it . Air Canada. (TSX: AC) Unchanged at $ 15.52. Air Canada CEO Calin Rovinescu will retire next year after leading the company for more than a decade, as the airline’s longtime No.2 will inherit the role as the industry is facing a crisis unique in a generation. Michael Rousseau, Deputy Managing Director and CFO of Air Canada, will take the helm as of February 15, when Rovinescu steps down.
Canadian Pacific Railway Ltd. (TSX: CP). Down $ 1.01, or 0.24%, to $ 428.74. Canadian Pacific Railway will acquire full ownership of a cross-border rail tunnel under the Detroit River through a US $ 312 million agreement with OMERS Infrastructure.
AltaGas Ltd. (TSX: ALA). Up four cents, or 0.24 percent, to $ 16.45. AltaGas said it agreed to pay $ 715 million in cash to private company SAM Holdings Ltd. to double its stake in oil and gas liquids processing company Petrogas Energy Corp. at 74%.
Postmedia Network Canada Corp. (TSX: PNC.A, TSX: PNC.B). Unchanged. The owner of Canada’s largest newspaper group reports that he made a profit of $ 13.5 million in its fourth quarter ended Aug.31, which he attributes to cutting costs and helping government wage subsidies. Postmedia Network Canada Corp. said its net income for the quarter was 14 cents per share, down from $ 7.9 million or eight cents per share a year earlier, despite a 27.8% drop in revenue from advertising, print distribution and digital services.
This report by The Canadian Press was first published on October 16, 2020.
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