TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (14,612.29 down 84.74 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail. Up one cent, or 0.24 per cent, to $4.11 on 5.8 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Up five cents, or 0.70 per cent, to $7.21 on 3.6 million shares.
Southern Pacific Resource Corp. (TSX:STP). Up 0.5 cents, or 1.56 per cent, to 32.5 cents on 3.4 million shares.
Artek Exploration Ltd. (TSXRTK). Oil and gas. Up one cent, or 0.23 per cent, to $4.45 on 3.3 million shares.
Air Canada. (TSX:AC.B). Airline. Up 47 cents, or 6.01 per cent, to $8.29 on 3.3 million shares.
First Nickel Inc. (TSX:FNI). Miner. Down one cent, or 22.22 per cent to 3.5 cents on 3.3 million shares.
Toronto Venture Exchange (1,005.62 down 3.83 points):
Temex Resources Corp. (TSXV:TME). Miner. Unchanged at seven cents on nine million shares.
Largo Resources Ltd. (TSXV:LGO). Miner. Down 0.5 cents, or 1.79 per cent, to 27.5 cents on 5.9 million shares.
Companies reporting major news:
BCE Inc. (TSX:BCE). Down 46 cents, or 0.94 per cent, to $48.50 on 1.8 million shares. The telecommunications giant posted quarterly net earnings of $615 million, up 8.7 per cent from a year ago, led by growth in its wireless and media divisions. Adjusted net earnings were $626 million or 81 cents, up 4.5 per cent from a year ago and five cents better than forecast, but the company missed on revenue.
Emera (TSX:EMA). Utilities. Up three cents, or 0.09 per cent, to $34.55 on 377,129 shares. The Halifax-based energy company reported first-quarter earnings of $202.8 million, $80 million more than the same period last year. The company also says its operating revenues increased 65 per cent to $1.05 billion, compared with $638.1 million in the first quarter of 2013.
George Weston Ltd. (TSX:WN). Retail. Down 16 cents, or 0.20 per cent, to $81.86 on 239,567 shares. The company, which has been struggling as customers continue to turn away from frozen and baked goods and toward healthier food choices, posted a profit of $109 million, down 32.7 per cent, from $162 million in the same quarter of 2013. Earnings per share were 78 cents compared with $1.19 year-over-year with the Toronto company saying the decrease was due to the year-over-year unfavourable impact of the forward sale agreement for 9.6 million Loblaw common shares and a number of other items.
Sherritt International Inc. (TSX:S). Miner. Down 11 cents, or 2.40 per cent, to $4.47 on 2.9 million shares. An activist shareholder failed in his attempt get three seats on the mining company’s board, even as Sherritt reported a first-quarter loss of $48.2 million, or 16 cents per diluted share. A year earlier it earned a profit of $23.1 million or eight cents per share.
WestJet (TSX:WJA). Airline. Down 55 cents, or 2.20 per cent, to $24.42 on 530,436 shares. The airline recorded quarterly net earnings of $89.3 million, or 69 cents per diluted share, compared with $91.1 million, or 69 cents a year ago. WestJet says total revenue totalled $1.042 billion, a gain of 7.7 per cent over the same period of 2013.