Most actively traded companies on the TSX

By The Canadian Press

Some of the most active companies traded Thursday on the Toronto Stock Exchange:

Toronto Stock Exchange (16,000.86, down 30.38 points).

Bombardier Inc. (TSX:BBD.B). Industrials. Down six cents, or 2.11 per cent, on 18.6 million shares.

Tahoe Resources Inc. (TSX:THO). Mining. Down 12 cents, or 2.42 per cent, to $4.83 on 16.6 million shares.  

Encana Corp. (TSX:ECA). Energy. Flat on 10.6 million shares.

Aurora Cannabis Inc. (TSX:ACB). Health care. Flat on 8.9 million shares.

Nemaska Lithium Inc. (TSX:NMX). Materials. Up three cents, or 10.17 per cent, on 8.4 million shares.

Suncor Energy Inc. (TSX:SU). Energy. Down 23 cents, or 0.51 per cent, on 6.9 million shares.

Companies reporting:

Hudson’s Bay Co. (TSX:HBC) Retail. Down five cents, or 0.66 per cent, to $7.56. Hudson’s Bay Co. announced after markets that it will close its Home Outfitters business and estimates it will shutter 20 of its U.S. Saks Off Fifth locations. The Toronto-based retailer says the moves are part of plans to reduce costs, simplify the business and improve overall profitability. HBC says the shut down of all 37 Home Outfitters locations will occur this year and most of the markets the brand is in will still be served by HBC.

Loblaw Companies Ltd. (TSX:TO) Grocer. Down $1.04, or 1.56 per cent, to $65.50.  Canada’s largest grocer reported sluggish same-store sales in its food business during its latest quarter, but touted growth in its online offerings after the company spent the past year prioritizing its digital business. Loblaw Companies Ltd. reported same-store sales, a key retail metric, during its fourth quarter grew 1.9 per cent at Shoppers Drug Mart and 0.8 per cent at its grocery stores.

Trican Well Service Ltd. (TSX:TCW). Energy. Down two cents or 1.42 per cent to $1.39. A 40 per cent decline in revenue in the fourth quarter due to a steep downturn in drilling activity in Western Canada resulted in 160 lost jobs at Calgary-based Trican Well Service Ltd. The well completion company posted $5.1 million in severance costs in its fourth-quarter results as its revenue dropped to just $168 million from $280 million in the same period of 2017.

 

The Canadian Press

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