Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,782.16, down 34.74 points): Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.37 per cent, to $2.72 on 24.2 million shares. Encana Corp. (TSX:ECA). Oil and gas. Up 40 cents, or 2.80 per cent, to $14.70 on 9.1 million shares. DREAM Unlimited... Read More

Corus Entertainment reports fourth-quarter profit up from year ago

Corus Entertainment reports fourth-quarter profit up from year ago
TORONTO — Corus Entertainment Inc. (TSX:CJR.B) reported Wednesday its fourth-quarter profit was up from a year ago as revenue ticked lower. The media company said its profit attributable to shareholders totalled $28.9 million or 14 cents per diluted share for the three months ended Aug. 31. That compared with a profit of $25,000 or zero cents per share in the... Read More

Shares of Bombardier up more than 20% after singing CSeries deal with Airbus

Shares of Bombardier up more than 20% after singing CSeries deal with Airbus
MONTREAL — Shares in Bombardier Inc. soared more than 20 per cent in early trading after the company gave up majority control of its CSeries aircraft program to European company Airbus Group. Bombardier shares were up 53 cents at $2.89 on the Toronto Stock Exchange, shortly after trading began Tuesday. The move followed an announcement of a partnership between the... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,742.20, down 58.20 points): Birchcliff Energy Ltd. (TSX:BIR). Oil and gas. Up seven cents, or 1.34 per cent, to $5.31 on 7.1 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Down 52 cents, or 3.83 per cent, to $13.07 on 6.2 million shares. Bombardier Inc.... Read More

WestJet shares hit two-year high on record quarterly load numbers

WestJet shares hit two-year high on record quarterly load numbers
MONTREAL — Shares of WestJet Airlines hit a more than two-year high after the Calgary-based airline reported the highest quarterly load factor in its 21-year history. The shares peaked at $27.77, the highest level since June, 2015. They closed at $27.64, up 1.1 per cent in Thursday trading on the Toronto Stock Exchange. WestJet (TSX:WJA) said its planes were 85.7... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,800.40, up 30.04 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up 76 cents, 5.92 per cent, to $13.59 on 8.3 million shares. Canopy says it will develop up to three million square feet of greenhouse growing capacity in British Columbia, more than doubling Canada’s biggest... Read More

Shopify CEO says will push back on short-seller report on next earnings call

Shopify CEO says will push back on short-seller report on next earnings call
OTTAWA — Shopify Inc.’s chief executive says he’ll push back against a short-seller’s report questioning the company’s business model during the release of their next financial results. Company CEO Tobias Lutke tweeted that he looks forward to the next earnings call, expected in early November, where he’ll address the “short-selling troll” targeting Shopify. He further tweeted that “the irony of... Read More

Metro to eliminate 280 jobs in modernization of Ontario distribution network

Metro to eliminate 280 jobs in modernization of Ontario distribution network
TORONTO — Grocery store chain Metro Inc. (TSX:MRU) says it will eliminate about 280 jobs starting in 2021 as part of a $400-million overhaul of its Ontario distribution network. The company says the move to modernize and automate its network will mean the loss of about 180 full-time and 100 part-time positions. The announcement follows comments by Metro in August... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,770.36, up 42.04 points): Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down eight cents, 2.64 per cent, to $2.95 on 5.6 million shares. Manulife Financial Corp. (TSX:MFC). Financial Services. Up 50 cents, or 1.97 per cent, to $25.93 on 4.12 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace,... Read More

Shopify shares plunge after report questions company operations

Shopify shares plunge after report questions company operations
VANCOUVER — Shopify Inc. shares plunged nearly 10 per cent Wednesday after a research report alleged the e-commerce platform company operates outside the law. Citron Research, an online stock commentary website whose reports have previously moved the direction of shares for the likes of Valeant and BlackBerry, claims Shopify’s business model does not comply with guidelines set by the Federal... Read More