Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,529.17, down 262.71 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up nine cents, or 6.77 per cent, to $1.42 on 14.3 million shares.
Royal Bank of Canada (TSX:RY). Bank. Down $1.71, or 2.24 per cent, to $74.77 on 12.1 million shares.
Goldcorp Inc. (TSX:G). Miner. Down 59 cents, or 3.41 per cent, to $16.73 on 7.2 million shares.
Toronto-Dominion Bank (TSX:TD). Bank. Down $1.49, or 2.70 per cent, to $53.68 on 5.4 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 15 cents, or 4.98 per cent, to $2.86 on 5.2 million shares.
Husky Energy Inc. (TSX:HSE). Oil and gas. Down $2.60, or 12.83 per cent, to $17.67 on 4.8 million shares. Husky Energy is planning further job cuts and asset sales as it looks to consolidate projects in Western Canada to help the company weather the ongoing downturn in the oilpatch. The company has already cut 1,400 jobs across its offices and field operations this year as it focuses on core assets.
Companies reporting major news:
Valeant Pharmaceuticals International Inc. (TSX:VRX). Drugs, health-care products. Down $26.19, or 17.67 per cent, to $122.04 on two million shares. Quebec-based Valeant said it was ending its relationship with Philidor Rx Services after several major U.S. drug benefit providers announced they were walking away from the specialty pharmacy. Philidor, the U.S. mail-order pharmacy at the centre of a controversy about how Canada’s largest publicly traded drug firm conducts its business, represented about 6.8 per cent of Valeant’s revenue in the third quarter.