Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,100.94, down 36.63 points). Aphria Inc. (TSX:APH). Health care. Up $2.87, or 15.53 per cent, to $21.35 on 20.6 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 49 cents, or 5.65 per cent, to $8.19 on 19.2 million shares. HEXO Corp. (TSX:HEXO). Health care. Up $1.21, or 20.5 per cent, to $7.10 on... Read More

Aphria exits U.S. for now with sale of interest in Liberty Health Sciences

Aphria exits U.S. for now with sale of interest in Liberty Health Sciences
LEAMINGTON, Ont. — Licensed marijuana producer Aphria Inc. says it has exited the U.S. market for now by completing the sale of its remaining holdings in Liberty Health Sciences Inc. The Ontario-based company says it has signed an agreement with a group of buyers to sell 64.1 million shares in Liberty Health for $59.1 million. Aphria says it will re-enter the American... Read More

Greater Toronto home sales and prices in August up from year ago

Greater Toronto home sales and prices in August up from year ago
TORONTO — The Greater Toronto Area housing market continued to rebound last month with an 8.5 per cent increase in sales compared with a year ago, following a slow-down during the first half of 2018. The Toronto Real Estate Board (TREB) said on Thursday that August saw 6,839 homes in the region sold through the MLS system. The average selling price also rose 4.7 per cent... Read More

North American stock markets edge lower, loonie slips against U.S. dollar

North American stock markets edge lower, loonie slips against U.S. dollar
TORONTO — Canada’s main stock index edged lower in late-morning trading as losses in the energy sector were partly offset by strength in the industrial and materials sectors. The S&P/TSX composite index was down 6.19 points at 16,131.38. In New York, the Dow Jones industrial average was down 39.30 points at 25,935.69. The S&P 500 index was down 16.01 points... Read More

Activist pushes marijuana company Hexo to review strategic alternatives

Activist pushes marijuana company Hexo to review strategic alternatives
GATINEAU, Que. — An activist investor is pushing marijuana company Hexo Corp. to launch a review of its strategic alternatives including a possible sale of the firm. Riposte Capital says it’s Hexo’s second largest shareholder. In a letter to the firm, Riposte says shares in the company formerly known as Hydropothecary trade at a discount compared with its peers, despite... Read More

Ford recalls 2M pickup trucks; seat belts can cause fires

Ford recalls 2M pickup trucks; seat belts can cause fires
DETROIT — Under pressure from U.S. safety regulators, Ford is recalling about two million F-150 pickup trucks in North America, including nearly 340,000 in Canada, because the seat belts can spark and cause fires when they deploy during a crash. The recall of F-150 pickup trucks from the 2015 through 2018 model years comes about one month after the National Highway... Read More

Surge Energy signs $320-million deal to acquire Mount Bastion Oil and Gas

Surge Energy signs $320-million deal to acquire Mount Bastion Oil and Gas
CALGARY — Surge Energy Inc. has signed a deal to acquire Mount Bastion Oil and Gas Corp. for $320 million in cash and stock. Mount Bastion shareholders may choose between cash, Surge shares or a combination of both, with a limit of $145 million cash available and roughly 75.4 million shares. Surge says it expects to increase its dividend to... Read More