TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (14,214.74 up 26.16 points):
RB Energy Inc. (TSX:RBI). Oil and gas. Up 16 cents, or 18.82 per cent, to $1.01 on 10.5 million shares.
Carpathian Gold Inc. (TSX:CPN). Miner. Down 0.5 cents, or 7.14 per cent, to 6.5 cents on 6 million shares.
Western Lithium USA Corp. (TSX:WLC). Miner. Up 13 cents, or 18.06 per cent, to 85 cents on 5.3 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Up one cent, or 0.28 per cent, to $3.58 on 4.9 million shares.
Osisko Mining Corp. (TSX:OSK). Miner. Up 12 cents, or 1.73 per cent, to $7.05 on 3.9 million shares.
Goldcorp Inc. (TSX:G). Miner. Down one cent, or 0.03 per cent, to $30.14 on 3.8 million shares.
Toronto Venture Exchange (1,019.43 up 11.27 points):
Petromanas Energy Inc. (TSXV:PMI). Oil and gas. Up 2.5 cents, or 11.63 per cent, to 24 cents on 6.4 million shares.
Mooncor Oil & Gas Corp. (TSXV:MOO). Oil and gas. Up 2.5 cents, or 500 per cent, to three cents on 6 million shares.
Companies reporting major news:
CAE Inc. (TSX:CAE). Aerospace. Down two cents, or 0.13 per cent, to $14.92 on 494,894 shares. CAE will proceed with a $700-million project to develop its next generation of simulation platforms after receiving a $250-million loan for the federal government.
CIBC (TSX:CM). Bank. Up 88 cents, or 0.97 per cent, to $91.47 on 2.4 million shares. CIBC posted quarterly net income of $1.18 billion, up nearly 50 per cent from a year ago and partly due to the sale of half its Aeroplan credit card business to TD Bank. Ex-items, CIBC’s earnings were up 6.3 per cent to $951 million or $2.31 a share, 15 cents better than estimates and it raised its quarterly dividend about two per cent to 98 cents per share.
Coastal Contacts Inc. (TSX:COA). Eyewear. Up $2.10, or 20.21 per cent, to $12.49 on 2.6 million shares. Coastal shares soared after the Vancouver-based online contact lens retailer announced a $430-million friendly takeover offer from Essilor International of France.
George Weston Ltd. (TSX:WN). Food processing, distribution. Up 53 cents, or 0.66 per cent, to $80.25 on 107,108 shares. The company reported net earnings of $232 million in the fourth quarter, up from $112 million in the same period last year, as sales rose to $7.9 billion from $7.7 billion. Adjusted earnings were $1.11 per share, up from $1 in the quarter last year and 14 cents better than estimates.
Maple Leaf Foods Inc. (TSX:MFI). Food processor, distributor. Up 44 cents, or 2.77 per cent, to $16.33 on 1 million shares. The company blamed the “tremendous costs” of opening new meat plants, while still running older facilities, for a $14.4 million net loss from continuing operations in the fourth quarter.
SNC-Lavalin Group Inc. (TSX:SNC). Engineering and construction. Up 72 cents, or 1.47 per cent, to $49.57 on 381,580 shares. A former SNC-Lavalin executive is alleging the engineering giant put the daughter-in-law of late Libyan dictator Moammar Gadhafi on the payroll in 2011. In a document filed in a Montreal court, Riadh Ben Aissa alleges the company had a long-standing relationship with the former regime.
Toronto-Dominion Bank. (TSX:TD). Bank. Up 34 cents, or 0.69 per cent, to $49.76 on 3 million shares. TD reported $2.04 billion of net income in the first quarter, up 14 per cent from a year earlier, while adjusted net income was $2.02 billion, or $1.06 per common share, two cents ahead of estimates. TD also hiked its quarterly dividend by nine per cent to 47 cents.
Valeant Pharmaceuticals International, Inc. (TSX:VRX). Pharmaceuticals, health care. Up $2.58, or 1.59 per cent, to $164.96 on 414,508 shares. The Quebec-based company said it earned $124 million or 36 cents per diluted share in the quarter, compared with a loss of $89.1 million or 29 cents per share in the same period a year before. Revenues surpassed $2 billion for the first time, rising from $986.3 million in the prior-year period largely as a result of last summer’s acquisition of Baush and Lomb.