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 (16,511.79, up 8.44 points). Encana Corp. (TSX:ECA). Energy. Down 13 cents, or 1.98 per cent, to $6.42 on 6.2 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down seven cents, or 3.1 per cent, to $2.19 on 6.2 million shares. Barrick Gold Corp. (TSX:ABX). Materials. Down two... Read More

CannTrust to enter U.S. CBD market via hemp joint-venture in California

CannTrust to enter U.S. CBD market via hemp joint-venture in California
VAUGHAN, Ont. — CannTrust Holdings Inc. says it is entering the U.S. market for CBD, starting with a hemp production joint-venture in California. The Vaughan, Ont.-based licensed producer says it has signed a non-binding letter of intent with Elk Grove Farming Company to secure hemp with high cannabidiol (CBD), the non-intoxicating compound found in cannabis and hemp. Under the deal, the joint-venture will secure... Read More

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 (16,503.35, up 149.90 points). Stornoway Diamond Corp. (TSX:SWY). Materials. Up half a cent, or 25 per cent, to 2.5 cents on 27.4 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down 14 cents, or 5.83 per cent, to $2.26 on 10.7 million shares. Encana Corp. (TSX:ECA). Energy.... Read More

Cobalt 27 to be bought by Swiss firm in deal that values it at $501 million

Cobalt 27 to be bought by Swiss firm in deal that values it at $501 million
TORONTO — A Canadian cobalt speculation company is being bought by a Swiss firm in a deal that values the company at about $501 million. Toronto-based Cobalt 27 Capital Corp. says Pala Investment Ltd. already controls about 19 per cent of shares and will acquire the rest of the outstanding shares at $5.75 each. The deal, which pushed Cobalt 27’s shares up 83... Read More

SendtoNews is the biggest sports video service you’ve never heard of

SendtoNews is the biggest sports video service you’ve never heard of
Matthew Watson was a sports fan long before becoming a tech executive, supporting West Coast teams like the Vancouver Canucks, the Vancouver Whitecaps and the Seattle Mariners. “And the Grizzlies when they were in Vancouver. And now the Raptors,” he says. Now those teams — and many more — are part of the business model for Watson’s SendtoNews, a Victoria-based startup that has grown over the... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,353.45, up 51.54 points). Whitecap Resources Inc. (TSX:WCP). Energy. Down 12 cents, or 2.9 per cent, to $4.02 on 13.4 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up 22 cents, or 10.09 per cent, to $2.40 on 12.2 million shares. RNC Minerals. (TSX:RNX). Materials. Up five... Read More

BidFair USA taking Sotheby’s private in deal worth $3.7B

BidFair USA taking Sotheby’s private in deal worth $3.7B
NEW YORK — BidFair USA is taking auction house Sotheby’s private in a deal valued at $3.7 billion. BidFair USA will pay $57 per share, which is a 61% premium to the company’s Friday closing stock price. BidFair USA is owned by media and telecom entrepreneur and art collector Patrick Drahi. He founded Altice in 2001. Sotheby’s, founded in 1744,... Read More

GMP Capital selling capital markets business to U.S. firm Stifel Financial

GMP Capital selling capital markets business to U.S. firm Stifel Financial
TORONTO — GMP Capital Inc. has signed a deal to sell the bulk of its capital markets business to Stifel Financial Corp. in a deal worth roughly $70 million. Under the deal, Stifel, which is based in St. Louis, Missouri will pay the tangible book value of the business, less cash, plus $45 million. The Toronto-based financial services firm says it plans to make... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,301.91, up 62.65 points). Encana Corp. (TSX:ECA). Energy. Down 33 cents, or 5.02 per cent, to $6.25 on 7.5 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 20 cents, or 0.87 per cent to $23.32 on 5.5 million shares. Stornoway Diamond Corp. (TSX:SWY). Materials. Unchanged at two... Read More