TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (13,629.41 up 14.78 points):
Fortis Inc. (RSX:FTS.IR). Utility. Down 95 cents, or 2.85 per cent, to $32.35 on 23.5 million shares.
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Down 12 cents, or 2.66 per cent, to $4.39 on 8.68 million shares.
Air Canada (TSX:AC.B). Airliner. Up 63 cents, or 8.61 per cent, to $7.95 on 8.02 million shares.
Manulife Financial Corp. (TSX:MFC). Financial services. Up 64 cents, or three per cent, to $21.99 on 6.52 million shares.
Lundin Mining Corp. (TSX:LUN). Miner. Up 10 cents, or 2.15 per cent, to $4.76 on 6.07 million shares.
Goldcorp Inc. (TSX:G). Miner. Up 44 cents, or 1.84 per cent, to $24.31 on 3.97 million shares.
Toronto Venture Exchange (956.70 up 0.54 of a point):
TransGaming Inc. (TSXV:TNG). Technology. Down 2.5 cents, or 7.14 per cent, to 32.5 cents on 8.66 million shares.
Border Petroleum Corp. (TSXV:BOR). Oil and gas. Unchanged at half a cent on 7.94 million shares.
Companies reporting major news:
Canadian Natural Resources Ltd.(TSX:CNQ). Oil and gas. Down 13 cents, or 0.37 per cent, to $35.11 on 3.14 million shares. The company is calling off its hunt for a buyer or partner in the natural gas-rich Montney region of northeastern British Columbia. The company said it had received “a number of expressions of interest” in the assets since putting them on the market early last year but none were good enough to merit a deal.
The Jean Coutu Group (PJC) Inc. (TSX:PJC.A). Drug store chain. Down 14 cents, or 0.75 per cent, to $18.49 on 757,782 shares. The company reported an increase in third-quarter profits to $62.5 million or 30 cents a share, but saw revenue fall below estimates to $712.5 million from $716.6 million a year earlier.
Postmedia Network Canada Corp. (TSX:PNC.B). Media. Unchanged at $2 on 4,400 shares. Lower advertising revenues and soaring restructuring costs weakened first-quarter results for the company, which owns the National Post and other Canadian newspapers. It reported an $11.8-million net loss in the three months ended Nov. 30, primarily due to a $15.3-million increase in restructuring expenses from the company’s outsourcing of printing operations.
Saputo Inc. (TSX:SAP). Up 10 cents, or 0.20 per cent, to $49.01 on 124,307 shares. The Montreal-based company has become the largest shareholder of Australia’s oldest dairy processor, increasing its stake in Warrnambool Butter & Cheese to 20.1 per cent ahead of an expected extension of Friday’s deadline for its more than AU$500 million takeover bid.
SNC-Lavalin Group Inc. (TSX:SNC). Engineering. Up 52 cents, or 1.08 per cent, to $48.74 on 230,086 shares. An analyst report said Alcoa’s settlement of a bribery case in Bahrain is positive for Montreal-based SNC because it suggests the engineering giant will face less than $196 million in penalties related to the improper payments it disclosed nearly two years ago.