Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,750.35, down 32.71 points).
Bombardier Inc. (TSX:BBD.B). Industrials. Down 14 cents, or 6.22 per cent, to $2.11 on 24.3 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Down 54 cents, or 6.63 per cent, to $7.61 on 14.2 million shares.
Aphria Inc. (TSX:APHA). Health care. Down 74 cents, or 9.51 per cent, to $7.04 on 10 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Up 19 cents, or 8.41 per cent, to $2.45 on 6.7 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 62 cents, or 1.46 per cent, to $43.11 on 6.6 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 16 cents, or 0.8 per cent, to $19.81 on 5.4 million shares.
Companies reporting major news:
Transat A.T. (TSX:TRZ). Down four cents to $5.99. The Montreal-based travel company says its net income attributable to shareholders dropped to $7.8 million or 21 cents per diluted share in the fourth quarter, from $148.1 million or $3.97 per share a year ago. On an adjusted basis, Transat says it earned $16.9 million or 45 cents per share, four cents above forecasts by analysts polled by Thomson Reuters Eikon. That compared with $46.4 million or $1.24 a year ago. Revenue last quarter totalled $668.3 million, down from $698.6 million.
Empire Co. Ltd. (TSX:EMP.A). Up $2.75 or 10.7 per cent to $28.51. Empire topped expectations as it reported a profit of $103.8 million in its latest quarter compared with a loss in the same period last year. The company behind Sobeys and Safeway grocery stores in Canada says the profit amounted to 38 cents per share for the quarter that ended Nov. 3. That compared with a loss of $23.6 million or nine cents per share a year ago. On an adjusted basis, Empire says it earned 40 cents per share for the quarter, up from an adjusted profit of 27 cents per share in the same quarter last year.
Aurora Cannabis Inc. The marijuana producer has signed a deal to invest $10 million in High Tide Inc., a privately held company with cannabis and cannabis accessory retail stores. Under the agreement, Aurora will hold debentures that will bear an annual interest rate of 8.5 per cent. High Tide has four cannabis retail stores in Alberta under the Canna Cabana banner, and a majority stake in KushBar Inc.
Transcontinental Inc. (TSX:TCL.A). Up $1.23 or 6.3 per cent to $20.60. The Montreal-based company topped expectations for both profits and revenue in the fourth quarter even though its profit fell to $67 million or 76 cents per share, down from $73.4 billion or 95 cents per share a year ago. On an adjusted basis, Transcontinental says it earned 99 cents per share for the quarter, compared with 76 cents forecast by analysts and up from 91 cents per share in the same quarter a year ago. Revenue for what was the company’s fourth quarter totalled $829.2 million, up from $527.2 million, boosted by its acquisition of Coveris Americas earlier this year.
The Canadian Press