TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,996.97, up 142.05 points.)
Encana Corp. (TSX:ECA). Energy. Up 16 cents, or 3.08 per cent, to $5.35 on 6.88 million shares.
Manulife Financial Corp. (TSXLMFC). Financial Services. Up 35 cents, or 1.39 per cent, to $25.45 on 5.24 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 2.59 per cent, to $1.98 on 5.17 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ) Energy. Up $2.00, or 5.42 per cent, to $38.91 on 5.04 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 88 cents, or 7.69 per cent, to $12.33 on 4.72 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Up 19 cents, or 4.12 per cent, to $4.80 on 4.52 million shares.
Companies in the news:
Roots Corp. (TSX:ROOT). Down two cents, or about 0.96 per cent, to $2.06 on about 318,000 shares. Roots Corp. downgraded its sales expectations for the current financial year to an undisclosed range from a previously disclosed anticipated total between $358 million and $375 million. The clothing retailer is grappling with a shortened holiday shopping period and other challenges.
Hudson’s Bay Co. (TSX:HBC). Down nine cents, or roughly 0.98 per cent, to $9.13 on about 148,000 shares. New York-based Ortelius Advisors L.P. has filed a lawsuit at the Ontario Superior Court of Justice against Hudson’s Bay Co. and the group making the privatization bid led by the retailer’s executive chairman Richard Baker, alleging they did not act in the interest of shareholders, among other things. HBC deferred comment to representatives for a special committee it formed to review the offer, who did not immediately respond. None of the claims have been proven in court.
Canopy Growth Corp. (TSX:WEED). Up 21 cents, or about 0.86 per cent, to $24.72 on about one million shares. Canopy Growth Corp. says its new generation of cannabis-infused food and beverage products won’t be on store shelves until January in most markets. The Ontario-based company says it’s not allowed to sell its new product formats into distribution channels until Dec. 16 and it will roll out products in a staged fashion from then to ensure a smooth rollout.
This report by The Canadian Press was first published Dec. 6, 2019.
The Canadian Press