TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,669.04 up 21.14 points):
Connacher Oil and Gas Ltd. (TSX:CLL). Oil and gas. Down eight cents, or 24.62 per cent, at 24.5 cents on 9.36 million shares. The energy sector slipped 0.51 per cent to 254.15 points as the price of crude oil dipped 15 cents US to $104.55 per barrel on the New York Mercantile Exchange.
Uranium One Inc. (TSX:UUU). Miner. Unchanged at $2.72 on 9.24 million shares.
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Up 16 cents, or 3.27 per cent, at $5.06 on 7.25 million shares. Its transportation subsidiary won a US$383 million contract to help deliver technology for a transit system in Saudi Arabia.
Energizer Resources Inc. (TSX:EGZ). Mine explorer. Up 16.5 cents, or 150 per cent, at 27.5 cents on 7.18 million shares. The Toronto-based company’s shares soared after it tested greater than 99.9 per cent graphitic carbon on a purification test from its Molo flake graphite deposit in Madagascar.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 23 cents, or 0.71 per cent, at $31.97 on 3.15 million shares.
Toronto Venture Exchange (924.69 down 0.60 point):
Alberta Oilsands Inc. (TSXV:AOS). Oilsands explorer. Up half a cents, or 3.57 per cent, at 14.5 cents on 8.68 million shares.
ArPetrol Ltd. (TSXV:RPT). Oil and gas exploration. Unchanged at half a cent on 5.82 million shares.
Company reporting major news:
Hudson’s Bay Co. (TSX:HBC). Retail. Up 96 cents, or 5.82 per cent, at $17.45 on 1.10 million shares after announcing it will buy U.S. luxury retailer Saks in a US$2.9-billion friendly deal. Canada’s oldest retailer said it will open up to seven full-line Saks stores in Canada, about two dozen locations under a discount banner and is eyeing the possibility of starting a real estate investment trust.
Turquoise Hill Resources (TSX:TRQ). Down $1.07, or 19.63 per cent, at $1.96 million shares. The mining company is expecting a delay in developing its Oyu Tolgoi copper project in Mongolia due to the government’s financing process. The company formerly known as Ivanhoe Mines said it continues to work toward finalizing project financing, and says that operations of the open-pit mine will continue.
Valeant Pharmaceuticals International, Inc. (TSX:VRX). Phamarceutical. Down 34 cents, or 0.36 per cent, at $94.06 on 421,763 shares. The Canadian drugmaker will cut as much as 15 per cent of its work force, which is between 1,850 and 2,775 people companywide. It will also move Bausch + Lomb’s headquarters to New Jersey as part of its $8.7 billion acquisition.