Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,955.51, down 139.21 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down $1.34, or 10.34 per cent, to $11.62 on 19.4 million shares. NGEx Resources Inc. (TSX:NGQ). Miner. Up five cents, or 4.55 per cent, to $1.15 on 16.5 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 16 cents, or 4.44 per cent,... Read More

Suncor phasing in 150 autonomous haul trucks, job cuts expected by 2019

Suncor phasing in 150 autonomous haul trucks, job cuts expected by 2019
CALGARY — Suncor Energy Inc. says over the next six years it expects to deploy more than 150 electric autonomous haul trucks at its company operated-mines — a move expected to decrease its equipment operator positions as early as 2019. The Calgary-based oil and gas firm says it will continue to work with the union on strategies to minimize workforce impacts, with... Read More

Thomson Reuters in talks with Blackstone regarding potential partnership

Thomson Reuters in talks with Blackstone regarding potential partnership
TORONTO — Thomson Reuters Corp. is in advanced talks with private equity firm Blackstone regarding a potential partnership in its financial and risk business. However, the company cautioned that the discussions may or may not lead to a definitive agreement. “Thomson Reuters does not expect to comment further on market speculation or disclose any further developments unless and until it... Read More

Loblaw shares downgraded to hold after new generic drug deal reached

Loblaw shares downgraded to hold after new generic drug deal reached
Loblaw Companies Ltd.’s stock has been downgraded after details on a long-awaited deal to reduce generic drug costs emerged. Desjardins Group lowered its target price for the grocery-and-pharmacy retailer to $76 per share, from $84, and cut its recommendation to hold. The change comes after the pan-Canadian Pharmaceutical Alliance, which represents the provinces, territories and federal governments, and the Canadian Generic Pharmaceutical... Read More

Toronto home sales expected to slip, but average prices forecast to climb

Toronto home sales expected to slip, but average prices forecast to climb
TORONTO — Canada’s largest real estate board predicted a slower year ahead for Toronto’s housing market after it overheated in 2017 and sent home prices surging. In a preview of its annual forecast, the Toronto Real Estate Board said it expects home sales this year to slip to somewhere between 85,000 and 95,0000 transactions, slightly lower than 2017 when there... Read More