Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (12,593.02, up 150.76 points):
Telesta Therapeutics Inc. (TSX:TST). Health-care. Unchanged at nine cents on 21.7 million shares.
RONA Inc. (TSX:RON). Home improvement. Up $11.53, or 97.96 per cent, to $23.30 on 19.6 million shares. U.S. giant Lowe’s has made a friendly $3.2-billion offer to acquire Quebec-based Rona. The deal, which includes cash and assumption of debt, has the support of the Rona board as well as the Caisse de depot, which owns about 17 per cent of the company.
First Quantum Minerals Ltd. (TSX:FM). Miner. Up 36 cents, or 13.53 per cent, to $3.02 on 10.6 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 36 cents, or 14.52 per cent, to $2.84 on 8.5 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 65 cents, or 11.63 per cent, to $6.24 on 7.5 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down two cents, or 2.20 per cent, to 89 cents on 6.6 million shares.
Companies reporting major news:
TransCanada Corp. (TSX:TRP). Oil and gas. Up 53 cents, or 1.12 per cent, to $48.05 on 1.7 million shares. The company behind the proposed Energy East Pipeline ramped up its Quebec charm offensive, announcing a deal to create more than 120 jobs if the project proceeds. TransCanada is hoping it can woo Quebecers to get onside after signing an agreement with power equipment manufacturer ABB Canada to build 22 electrical houses in the Montreal region.