TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,892.06, down 50.64):
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 30 cents, or 0.40 per cent, to $75.27 on 14.7 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up one cent, or 0.03 per cent, to $40.43 on 9.3 million shares.
Orea Mining Corp. (TSX:OREA). Mining. Down seven cents, or 77.78 per cent, to two cents on 5.9 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 41 cents, or 0.80 per cent, to $50.62 on 4.3 million shares.
Toronto-Dominion Bank. (TSX:TD). Finance. Up 13 cents, or 0.17 per cent, to $79.12 on 4.0 million shares.
Air Canada. (TSX:AC). Transportation. Up five cents, or 0.22 per cent, to $22.37 to 3.9 million shares.
Companies in the news:
Saputo Inc. (TSX:SAP). Foods. Down $3.89, or 11.17 per cent, to $30.93. Shares in Saputo Inc. closed down by 11 per cent Friday after the company's chief executive cautioned negative consumer sentiment could dampen the outlook for the start of its 2024 fiscal year. Speaking to analysts about the Montreal-based dairy company's fourth-quarter results, president and chief executive Lino A. Saputo said he felt confident about delivering on the company's promises in the year ahead, but warned that it could face rough waters early on. The company's net earnings for the fourth quarter amounted to $159 million, up from $37 million a year earlier. Revenue for the quarter ended March 31 totalled $4.5 billion, up from $4.0 billion in the same quarter last year.
Air Canada. (TSX:AC). Transportation. Up five cents, or 0.22 per cent, to $22.37. Air Canada said it made a mistake in rejecting some compensation claims from the thousands of travellers affected by delayed flights due to computer malfunctions. In messages to some customers, the airline initially said the information technology fumble was out of its hands, relieving it of obligations to pay them compensation. When contacted by The Canadian Press on Friday, the Montreal-based airline said the response stemmed from an error. The country's largest carrier has struggled with intermittent computer problems over the past few weeks.
Brookfield Asset Management Ltd. (TSX:BAM). Finance. Up 38 cents, or 0.90 per cent, to $42.50; and Brookfield Business Partners L.P. (TSX:BBU.UN). Industrials. Up four cents, or 0.15 per cent, to $26.27. Brookfield Asset Management Ltd., together with Brookfield Business Partners, has signed a deal to buy payment processing firm Network International Holdings for about $3.7 billion in cash. Under the agreement, Brookfield will pay 400 pence per share for the company listed on the London Stock Exchange for a total of about 2.2 billion pounds.
This report by The Canadian Press was first published June 9, 2023.
The Canadian Press