TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,593.97 down 15.83 points):
Alterra Power Corp. (TSX:AXY). Utility. Up half a cent, or 1.72 per cent, at 29.5 cents on 7.88 million shares.
Bombardier Inc. (TSX:BBD). Plane and train maker. Up 13 cents, or 2.74 per cent, at $4.88 on 5.56 million shares. Ilyushin Finance Co., a Russian leasing company, firmed up its conditional order for 32 CSeries jets, with an option for 10 more. The order is valued at about US$2.56 billion based on the list price, but could rise to US$3.42 billion if all the options are exercised.
Sulliden Gold Corp. Ltd. (TSX:SUE). Metals explorer. Down four cents, or 3.64 per cent, at $1.06 on 4.91 million shares. The gold sector led all the decliners, falling 1.46 per cent to 205.49 points as the price of the bullion fell US$14.70 to $1,397.20 per ounce on the New York Mercantile Exchange.
Manulife Financial Corp. (TSX:MFC). Insurer. Down 18 cents, or 1.09 per cent, at $16.29 on 3.65 million shares. The financials sector was down 0.09 per cent at 199.21 points.
Medicago Inc. (TSX:MDG). Biopharmaceutical. Unchanged at 72 cents on 3.62 million shares.
Toronto Venture Exchange (958.90 down 10.16 points):
Pinecrest Energy Inc. (TSXV:PRY). Oil and gas. Unchanged at 64 cents on 5.05 million shares.
Strategic Oil and Gas Ltd. (TSXV:SOG). Oil and gas. Up five cents, or 5.75 per cent, at 92 cents on 2.83 million shares.
Companies reporting major news:
Canadian Pacific Railway (TSX:CP). Railway. Down $3.74, or 2.76 per cent, at $131.76 on 958,771 shares. RBC Capital Markets cut the its price target and rating on the railway to underperform from sector perform following Pershing Square’s announcement Monday that it would sell up to seven million of the railway’s shares over the next six to 12 months.
Mood Media Corp. (TSX:MM). Media. Up three cents, or 2.78 per cent at $1.11 on 274,814 shares. The company announced a five-year deal to collaborate with Universal Music Group, one of the world’s biggest music companies.
Telus Corp. (TSX:T). Telecom. Up two cents, or 0.06 per cent, at $35.81 on 1.78 million shares. Ottawa blocked a plan by Telus to buy wireless company Mobilicity $380 million and said it will use all the tools at its disposal to prohibit wireless spectrum transfers that would limit competition.