Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,180.60, up 79 points.)
Enbridge Inc. (TSX:ENB). Energy. Down 39 cents, or 0.7 per cent, to $55.16 on 25.4 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 53 cents, or 1.27 per cent, to $41.27 on 17.4 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up 13 cents, or 0.61 per cent, to $21.50 on 17.1 million shares.
Kinross Gold Corp. (TSX:K). Materials. Down three cents, or 0.65 per cent, to $4.56 on 7.1 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $1.22, or 1.7 per cent, to $70.64 on 6.8 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down three cents, or 0.12 per cent, to $24.38 on 6.5 million shares.
Companies in the news:
Canadian Pacific Railway Ltd. (TSX:CP). Up 41 cents, or 0.4 per cent, to $104.14. Canadian Pacific Railway Ltd. says it has signed a two-year collective agreement with about 3,000 union members. The new deal comes out of binding arbitration amid concerns over a pressing labour shortage throughout the Canadian transport sector. The agreement applies to about 3,000 CP Rail locomotive engineers, conductors and yard workers represented by the Teamsters Canada Rail Conference. Calgary-based CP Rail says it includes an annual 3.5 per cent wage increase in 2022 and 2023 on top of increased benefits. CP Rail says it and Teamsters Canada agreed to enter binding arbitration in March to resolve issues centring around wages and pensions.
Turquoise Hill Resources Ltd. (TSX:TRQ). Down $3.49, or 10.4 per cent, to $30.05. Shares of Turquoise Hill Resources Ltd. were down more than 10 per cent after the company's special committee of independent directors said an offer by Rio Tinto International Holdings Ltd. to buy the shares in the company it does not already own is too low. The special committee says Rio Tinto's offer of $34 per share does not fully and fairly reflect the fundamental and long-term strategic value of the company’s majority ownership of the Oyu Tolgoi project in Mongolia. Rio Tinto made its offer for the 49 per cent stake in Turquoise Hill it does not already own earlier this year in a proposal that valued the minority stake in company at about $3.4 billion. Turquoise Hill owns a 66 per cent stake in the Oyu Tolgoi copper and gold mine in Mongolia. Erdenes Oyu Tolgoi LLC, a Mongolian state-owned entity, holds the remaining 34 per cent interest.
BRP Inc. (TSX:DOO). Up $3.26, or 3.2 per cent, to $103.83. BRP Inc. says it is ramping up production at four of its factories after a cyberattack brought its operations to a halt earlier this month. The Ski-Doo and Sea-Doo maker says manufacturing sites in Valcourt, Que.; Sturtevant, Wis.; Rovaniemi, Finland; and Gunskirchen, Austria, are ramping up and expect to be fully operational on Tuesday. The company says the rest of its production sites are planning to resume operations over the course of the week in a phased approach. BRP says the attack was a malware infiltration through a third-party service provider. It believes that the impact of the attack was limited to its internal systems. BRP says it does not anticipate any impact on its year-end financial guidance.
This report by The Canadian Press was first published Aug. 15, 2022.
Provided Content: Content provided by Canadian Press. The Globe and Mail was not involved, and material was not reviewed prior to publication.