Most actively traded companies on the TSX, TSX Venture Exchange markets

TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (12,321.29 down 135.21 points):

Suncor Energy Inc. (TSX:SU). Oil and gas. Down 84 cents, or 2.67 per cent, at $30.57 on 20.7 million shares. The energy sector fell two per cent as the weak manufacturing data sent June crude contract on the New York Mercantile Exchange dropping $2.43 to US$91.03 a barrel.

Talisman Energy Inc. (TSX:TLM). Oil and gas. Down 58 cents, or 4.80 per cent, at $11.50 on 12.6 million shares.

Yamana Gold Inc. (TSX:YRI). Miner. Down 81 cents, or 6.50 per cent, at $11.66 on 7.4 million shares. The gold sector was also down about 2.35 per cent as June bullion in New York dropped $25.90 to US$1,446.20 an ounce. The metals and mining sector dropped 1.45 per cent as July copper fell 11 cents to US$3.08 a pound.

Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 55 cents, or 1.86 per cent, at $29 on 6.4 million shares.

BlackBerry Inc. (TSX:BB). Communication technology. Down 61 cents, or 3.70 per cent, at $15.89 on 4.8 million shares. The company launched the long-awaited Q10 smartphone with a physical keyboard.

Kinross Gold Corp. (TSX:K). Miner. Down nine cents, or 1.64 per cent, at $5.40 on 4.6 million shares.

Toronto Venture Exchange (961.94 down 3.86 points):

Intertainment Media Inc. (TSXV:INT). Up four cents, or 50 per cent, at 12 cents on 5.2 million shares.

Madalena Ventures Inc. (TSXV:MVN). Oil and gas. Down half a cent, or 1.49 per cent, at 33 cents on 4.5 million shares.

Companies reporting major news:

Canadian Pacific Railway (TSX:CP). Down $2.40, or 1.91 per cent, at $123.16 on 533,370 shares. CEO Hunter Harrison says he believes there is enough room in the oil and gas industry for businesses to ship oil by rail and by pipeline. However, he told the company’s annual meeting that the railway is “proceeding cautiously” in the business and doesn’t plan to build long-term infrastructure for what could be a short-term boom.

The Jean Coutu Group (TSX:PJC.A). Drug store chain. Down 26 cents, or 1.55 per cent, at $16.49 on 224,330 shares. The chief executive said Wednesday that an increase in the volume of generic drugs sold will help to compensate for another wave of price reductions prompted by Alberta’s move to slash prices. “Obviously, we’re not in complete control as governments are controlling the pricing, but at the same time I think there will light at the end of the tunnel somehow for everyone in the industry,” CEO Francois Coutu said during a conference call.

Loblaw Companies Ltd. (TSX:L). Grocery. Up $2, or 4.68 per cent, at $44.75 on 3.6 million shares. The company reported a 40 per cent increase in first-quarter net income and says it is raising its dividend just over nine per cent. The operator of the Loblaws grocery chain, financial services and other business said net profits in the period ended March 23 was $171 million or 61 cents per share, up from $122 million or 43 cents in the year-earlier period.

Tim Hortons Inc. (TSX:THI). Up $2.19, or 4.01 per cent, at $56.77 on 2.5 million shares. There was a report from U.S. investment firm Highfields Capital that it’s pushing for changes at the chain, including a big buyback of stock and a spinoff of its real estate holdings.