TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,438.75, down 62.28 points.)
Toronto-Dominion Bank (TSX:TD). Financials. Down 14 cents, or 0.23 per cent, to $60.42 on 6.96 million shares.
BlackBerry Ltd. (TSX:BB). Technology. Down 17 cents, or 2.5 per cent, to $6.64 on 6.46 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 23 cents, or 0.6 per cent, to $38.86 on 6.45 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 38 cents, or 2.37 per cent, to $15.67 on 6.34 million shares.
Royal Bank of Canada (TSX:RY). Financials. Up 27 cents, or 0.28 per cent, to $97.34 on 6.2 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down half a cent, or 1.52 per cent, to 32.5 cents on 4.25 million shares.
Companies in the news:
Calfrac Well Services Ltd. (TSX:CFW). Up half a cent, or 2.86 per cent, to 18 cents. Shareholders in debt-laden Calgary-based Calfrac Well Services have narrowly approved a recapitalization plan proposed by management, thus setting aside a takeover offer from Texas rival Wilks Brothers, LLC.
Toronto-Dominion Bank. (TSX:TD). Plaid Inc. denies it has used TD Bank’s logo to dupe customers into handing over personal information that the U.S.-based data company could monetize and says it’s disappointed a TD subsidiary has filed a lawsuit against it.
Air Canada. (TSX:AC) Unchanged at $15.52. Air Canada chief executive Calin Rovinescu will retire next year after leading the company for more than a decade, with the airline’s long-time No. 2 set to inherit the role as the industry faces a once-in-a-generation crisis. Michael Rousseau, Air Canada’s deputy chief executive and chief financial officer, will take the controls starting Feb. 15, when Rovinescu steps down.
Canadian Pacific Railway Ltd. (TSX:CP). Down $1.01, or 0.24 per cent, to $428.74. Canadian Pacific Railway will acquire full ownership of a cross-border railway tunnel under the Detroit River through a US$312-million deal with OMERS Infrastructure.
AltaGas Ltd. (TSX:ALA). Up four cents, or 0.24 per cent, to $16.45. AltaGas said it agreed to pay $715 million in cash to privately held SAM Holdings Ltd. to double its ownership share in oil and gas liquids handling firm Petrogas Energy Corp. to 74 per cent.
Postmedia Network Canada Corp. (TSX:PNC.A, TSX:PNC.B). Unchanged. The owner of Canada’s largest group of newspapers reports it had a $13.5-million profit in its fourth quarter ended Aug. 31, which it attributed to cost cutting and assistance from government wage subsidies. Postmedia Network Canada Corp. says its net income for the quarter was equal to 14 cents per share, up from $7.9 million or eight cents per share a year earlier, despite a 27.8 per cent decline in revenue from advertising, print circulation and digital services.
This report by The Canadian Press was first published Oct. 16, 2020.
The Canadian Press