Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,297.55, down 24.20 points).
Prometic Life Sciences Inc. (TSX:PLI). Health care. Down one cent, or 20 per cent, to four cents on 14.4 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 45 cents, or 1.86 per cent, to $23.80 on 9.9 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down two cents, or 0.93 per cent, to $2.13 on 8 million shares.
Crescent Point Energy Corp. (TSX:CPG). Up four cents, or 0.76 per cent, to $5.33 on 6.9 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 24 cents, or 0.49 per cent, to $49.41 on 6.9 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Up one cent, or 0.09 per cent, to $11.26 on 6.7 million shares.
Freshii Inc. (TSX:FRII). Down six cents or 2.7 per cent to $2.15. Freshii Inc. plans to launch higher-quality protein ingredients as it attempts to win back customers amid continued negative sales performance. Yet its chief executive is convinced the eatery chain is headed in the right direction. Freshii, which opened its first store in 2005, struggled with trying to do too much at once and suffered from slower-than-expected store growth and shrinking same-store sales, a key retail metric. Its same-store sales for the first quarter fell 0.9 per cent compared to the same quarter the previous year. Its net income plummeted to US$103,000 from $431,000 while revenues rose seven per cent to $5.2 million.
Recipe Unlimited Corp. (TSX:RECP). Up 37 cents to $27.57. Recipe Unlimited Corp. says its core first-quarter earnings and same-store sales decreased despite a 12.5 per cent growth in system-wide sales. The company formerly known as Cara Operations says it earned $22.7 million for the period ended March 31, compared with $21.5 million a year earlier. System-wide sales rose to $850.7 million from $755.9 million, primarily due to the addition of The Keg and increases in the retail and catering segment from Swiss Chalet branded products and increases in frozen pot pie sales.
Enbridge Inc. — Enbridge Inc. is working with shippers to optimize its Mainline pipeline system in a bid to boost throughput by 50,000 to 100,000 barrels per day. Chief executive Al Monaco said Friday that although its Liquids Mainline System — the largest export option for western Canadian producers — was full and hit a record this quarter, storage levels in Alberta remain “stubbornly high.” Permitting issues in the U.S. have delayed Enbridge’s Line 3 replacement pipeline project until the second half of 2020, a year later than expected. The Line 3 project is expected to add 370,000 barrels per day of export capacity of Canadian crude.
Bombardier Inc. (TSX:BBD.B). — Bombardier Inc. is facing a possible ban from World Bank-financed projects after it received a show-cause letter related to a rail equipment deal plagued by corruption allegations. The letter is the latest development in an ongoing investigation into a roughly $340-million contract awarded to a Bombardier-led consortium in 2013 to supply signalling equipment in Azerbaijan. Bombardier says it disagrees with the allegations in the letter, which include accusations the company engaged in delaying practices or obstructive behaviour regarding the audit.