Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,661.82, down 48.49 points):
First Quantum Minerals Ltd. (TSX:FM). Miner. Up 28 cents, or 3.80 per cent, to $7.65 on 11.8 million shares.
Teck Resources Ltd. (TSX:TCK.B). Miner. Down 46 cents, or 5.69 per cent, to $7.63 on nine million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up nine cents, or 6.52 per cent, to $1.47 on 8.7 million shares.
Rubicon Minerals Corp. (TSX:RMX). Miner. Down five cents, or 19.23 per cent, to 21 cents on 5.5 million shares.
Penn West Petroleum Ltd. (TSX:PWT). Oil and gas. Down four cents, or 2.01 per cent, to $1.95 on 5.4 million shares.
Lundin Mining Corp. (TSX:LUN). Miner. Down nine cents, or 2.07 per cent, to $4.26 on 4.8 million shares.
Companies reporting major news:
Torstar Corp. (TSX:TS.B). Publishing. Down 24 cents, or 5.90 per cent, to $3.83 on 170,452 shares. Weaker spending by advertisers left another mark on the results of Torstar Corp. as the publisher halved its dividend payments and focused on growing readership of its new tablet app. The media company, which owns the Toronto Star and various other newspapers in Ontario, reported a loss Wednesday as print advertising revenues dropped 13.5 per cent at its flagship newspaper — a “moderation” of declines faced in recent quarters.
Wi-LAN Inc. (TSX:WIN). Technology. Down 68 cents, or 27.20 per cent, to $1.82 on 3.1 million shares. WiLAN says it will be slashing the company’s dividend by 76 per cent starting in January in response to a difficult environment for the patent-licensing industry — its main source of revenue and profit. The Ottawa-based company— which lives on fees from licensing intellectual property that’s embedded in many types of consumer electronics — also says it plans to spin off its research and development unit into a separate company.