TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,773.87 down 7.89 points):
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Up a penny, or 0.24 per cent, at $4.19 on 6.88 million shares.
Teck Resources Ltd. (TSX:TCK.B). Miner. Down $1.40, or 4.69 per cent, at $28.45 on 5.63 million shares. Metals and mining led all decliners on the main index, falling 3.40 per cent to 898.99 points.
First Quantum Minerals Ltd. (TSX:FM). Miner. Down $1.08, or 5.04 per cent, at $20.35 on 4.76 million shares.
Kinross Gold Corp. (TSX:K). Miner. Unchanged at $8.19 on 4.63 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down three cents, or 0.09 per cent, at $33.28 on 4.44 million shares. The energy sector was off 0.41 per cent to 257.27 points, as the price of crude oil slipped US$1.58 to $92.16 per barrel.
BlackBerry (TSX:BB). Wireless technology. Down three cents, or 0.19 per cent, at $15.42 on 3.97 million shares.
Toronto Venture Exchange (1,106.51 down 5.27 points):
Cortex Business Solutions Inc. (TSXV:CBX). Business services. Down half a cent, or 2.94 per cent, at 16.5 cents on 15.16 million shares. The Calgary-based company increased its previously-announced bought deal financing from 17.3 million to 38.9 million units at 18.5 cents per unit. The total gross proceeds is $7.2 million which will be used for U.S. expansion and general corporate and working capital purposes.
Pinecrest Energy Inc. (TSXV:PRY). Oil and gas. Down two cents, or 1.75 per cent, at $1.12 on 5.89 million shares. The Calgary-based company announced Monday its fourth-quarter net income more than doubled to $12.53 million or five cents per share from year-ago $5.83 million or three cents per share. Sales rose nearly 34 per cent to $26.58 million.
Companies reporting major news:
Agnico-Eagle Mines Ltd. (TSX:AEM). Miner. Up 59 cents, or 1.45 per cent, at $41.40 on 587,906 shares. The Toronto-based company is investing almost $13 million in ATAC Resources (TSXV:ATC), an exploration stage gold miner active in the Yukon. The investment is being made through a non-brokered private placement for 9.6 million units of ATAC Resources at $1.35 per unit.
Alimentation Couche-Tard Inc. (TSX:ATD.B). Convenience store. Down $1.25, or 2.25 per cent, at $54.34 on 1.03 million shares. Third-quarter net earnings totalled US$142.5 million or 75 cents per share, up 64.2 per cent from a year earlier but less than analysts expected. Revenue for the December-February period was up $11.5 billion, up from $6.6 billion a year earlier.
Lululemon Athletica Inc. (TSX:LLL). Athletic wear retailer. Down $1.76, or 2.61 per cent, at $65.74 on 399,907 shares. The company warned of a shortage of its popular black yoga pants as a result of a recall. Lululemon said the sheer material on the pants is too revealing. As a result, the company lowered its first-quarter revenue forecast and cut its first-quarter outlook for comparable store revenues.
Rona Inc. (TSX:RON). Home improvement retailer. Up 42 cents, or 3.98 per cent, at $10.98 on 427,156 shares. The troubled company hired Robert Sawyer, a veteran of Canada’s grocery industry, as chief executive to implement its recently announced strategic plan designed to rebuild Rona to profitable growth.