TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (14,734.69, up 53.93 points):
B2Gold Corp. (TSX:BTO). Miner. Down six cents, or 2.29 per cent, to $2.56 on 21.7 million shares.
Eastern Platinum Ltd. (TSX:ELR). Miner. Unchanged at 9.5 cents on 14.9 million shares.
Element Financial Corp. (TSX:EFN). Credit services. Down 26 cents, or 1.95 per cent, to $13.04 on 10.9 million shares. The company will pay US$1.4 billion cash to buy PHH Corp.’s North American fleet management services business. PHH Arval had about US$4.6 billion of assets as of March 31, including US$4 billion invested in fleet leases. Element Financial shares fell 26 cents to C$13.04.
Tembec Inc. (TSX:TMB). Forest products. Up four cents, or 1.67 per cent, to $2.44 on 5.5 million shares.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Up eight cents, or 0.72 per cent, to $11.22 on 4.7 million shares.
IAMGOLD Corp. (TSX:IMG). Miner. Up 40 cents, or 12.08 per cent, to $3.71 on 4.2 million shares.
Toronto Venture Exchange (982.02, up 3.55 points):
Mooncor Oil & Gas Corp. (TSXV:MOO). Oil and gas. Unchanged at 2.5 cents on 9.2 million shares.
Theralase Technologies Inc. (TSXV:TLT). Medical devices. Up one cent, or 3.03 per cent, to 34 cents on 3.1 million shares.
Companies reporting major news:
Hudson’s Bay Company (TSX:HBC). Retail. Down two cents, or 0.12 per cent, to $17.25 on 495,266 shares. HBC posted a first-quarter profit from continuing operations of $176 million or 97 cents a share, compared with a loss of $22 million or 19 cents a share in the same quarter of 2013. Retail sales jumped to $1.85 billion, up from $884 million in the same quarter last year. Same stores sales, which take into account stores that have been open for at least a year, were up 2.8 per cent year-over-year. The retailer’s shares edged two cents lower to $17.25.
Rogers Communications Inc. (TSX:RCI.B). Communication services. Up nine cents, or 0.20 per cent, to $44.54 on 495,266 shares. The Vodafone Group of telecommunications companies has signed an exclusive Canadian partnership agreement with Rogers Communications (TSX:RCI.B).Rogers chief executive Guy Laurence, who headed Vodafone UK until he joined Toronto-based Rogers, said the new partnership will be a big benefit to its customers.