Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (17,003.13, up 56.23 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Up three cents, or 0.87 per cent, to $3.47 on 10 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down four cents, or 0.1 per cent, to $40.08 on 8.4 million shares. Encana Corp. (TSX:ECA). Energy. Up four... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,946.90, up 7.29 points.) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.25, or 3.22 per cent, to $40.12 on 10.1 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up 22 cents, or 6.83 per cent, to $3.44 on 8.3 million shares. Encana Corp. (TSX:ECA). Energy. Up 20... Read More

Grocer Empire Co. reports $154.6M Q2 profit, up from $103.8M a year ago

Grocer Empire Co. reports $154.6M Q2 profit, up from $103.8M a year ago
STELLARTON, N.S. — Empire Co. Ltd. says it earned $154.6 million in its latest quarter, up from a profit of $103.8 million in the same quarter last year. The parent company of Sobeys and Safeway grocery stores says the profit amounted to 57 cents per diluted share for the quarter ended Nov. 2 compared with a profit of 38 cents... Read More

Royal Bank selling Eastern Caribbean banking operations to consortium

Royal Bank selling Eastern Caribbean banking operations to consortium
TORONTO — Royal Bank of Canada has signed a deal to sell its banking operations in the Eastern Caribbean to a consortium of indigenous banks in the region. Financial terms of the deal were not disclosed. The agreement includes branches in Antigua, Dominica, Montserrat, St. Lucia, and St. Kitts and Nevis. It also includes regional businesses operating under RBC Royal... Read More

Higher ticket prices boost Transat fourth-quarter profits by 200 per cent

Higher ticket prices boost Transat fourth-quarter profits by 200 per cent
MONTREAL — Higher ticket prices and fees tripled Transat AT Inc. profits last quarter as the tour operator worked to complete its takeover by Air Canada. Net income jumped to $20.3 million in the quarter ended Oct. 31, up from $6.8 million a year earlier. Revenues rose 3.6 per cent to $693.2 million from $668.8 million. “This increase resulted from higher average... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,939.61, down 11.09 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down four cents, or 2.08 per cent, to $1.88 on 9.6 million shares. Storm Resources Ltd. (TSX:SRX). Energy. Up six cents, or 4.2 per cent, to $1.49 on 7.9 million shares. Orla Mining Ltd. (TSX:OLA). Materials. Down five... Read More

Proxy advisory firm Glass Lewis recommends support for Baker-led bid for HBC

Proxy advisory firm Glass Lewis recommends support for Baker-led bid for HBC
Minority shareholders of Canada’s oldest retailer are receiving conflicting advice on how to vote on a privatization bid by a group led by Hudson’s Bay Co.’s executive chairman as the battle over the company’s current value escalates and the voting deadline nears. Two proxy advisory firms want shareholders to vote for the offer priced at $10.30 per share — a... Read More

WestJet shareholders won’t get December dividend as Onex acquisition closes

WestJet shareholders won’t get December dividend as Onex acquisition closes
CALGARY — WestJet Airlines Ltd. shareholders won’t be receiving a quarterly dividend this month after Onex Corp. announced the completion of its acquisition of the Calgary-based airline. WestJet and Onex say the payment won’t be made because the deal has closed before Dec. 18. The airline’s board of directors had declared a 14 cents per share dividend on Oct. 28 to... Read More

Transportation regulator determines WestJet would remain Canadian after Onex deal

Transportation regulator determines WestJet would remain Canadian after Onex deal
GATINEAU, Que. — The proposed $3.5-billion acquisition of WestJet Airlines by an affiliate of Onex Corp. moved a step closer to completion after Canada’s transportation regulator determined the airline will continue to meet Canadian ownership and control requirements. The Canadian Transportation Agency said Tuesday that the Calgary-based airline and its discount subsidiary Swoop would remain Canadian if Onex amends its bylaws to... Read More

CannTrust at risk of losing NYSE listing as shares tumble below limit

CannTrust at risk of losing NYSE listing as shares tumble below limit
VAUGHAN, Ont. — Embattled cannabis company CannTrust Holdings Inc. says it has been notified by the New York Stock Exchange that its shares are too low to continue to be listed on the stock market. The U.S. stock market requires the closing price of a listed company’s common shares to be at least US$1 per share over 30 consecutive days.... Read More