TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,854.92, down 42.42 points.)
Canadian Natural Resources Ltd. (TSX:CNQ) Energy. Down 49 cents, or 1.31 per cent, to $36.91 on 11.28 million shares.
Manulife Financial Corp. (TSXLMFC). Financial Services. Down 17 cents, or 0.67 per cent, to $25.10 on 8.4 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down 14 cents, or 1.21 per cent, to $11.45 on 7.17 million shares.
Canadian Imperial Bank of Commerce. (TSX:CM). Financial services. Down $5.95, or 5.18 per cent, to $108.88 on 6.15 million shares.
Toronto Dominion Bank. (TSX:TD). Financial Services. Down $2.65, or 3.5 per cent, to $73.02 on 6.06 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down five cents, or 1.53 per cent, to $3.21 on 5.98 million shares.
Companies in the news:
Canadian Imperial Bank of Commerce. (TSX:CM). Financial services. Down $5.95, or 5.18 per cent, to $108.88 on 6.15 million shares. Canadian Imperial Bank of Commerce says it had $1.19 billion of net profit in the fourth quarter, down six per cent from the comparable period of 2018, as adjusted earnings came in below analyst estimates. Among other things, the quarter was negatively affected by a $135-million goodwill impairment charge related to the expected sale of CIBC’s controlling interest in FirstCaribbean International Bank Ltd.
Toronto Dominion Bank. (TSX:TD). Financial Services. Down $2.65, or 3.5 per cent, to $73.02 on 6.06 million shares. TD Bank Group’s profit slipped in the fourth quarter compared with a year ago, missing analyst estimates for adjusted earnings. The bank says it earned $2.86 billion or $1.54 per share in the quarter ending Oct. 31, down three per cent from $2.96 billion or $1.58 per share a year earlier.
The Second Cup Ltd. (TSX:SCU). Consumer cyclical. Up 13 cents, or 9.63 per cent, to $1.48 on roughly 57,000 shares. The Second Cup Ltd. says it has agreed to buy Ottawa-based Bridgehead Coffee in a $9.5-million deal. It’s the first acquisition for the company since it announced last month a new operating structure and strategy under the name Aegis Brands. The name and structure change are still subject to shareholder approval and won’t take place until next year.
This report by The Canadian Press was first published Dec. 5, 2019.
The Canadian Press