Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded on the Toronto Stock Exchange on Tuesday:
Toronto Stock Exchange (19,512.90, down 323.22 points.)
Suncor Energy Inc. (TSX: SU). Energy. Down $2.16, or 4.77%, to $43.17 on 32.5 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down $1.28, or 2.24%, to $55.86 on 8.4 million shares.
Crescent Point Energy Corp. (TSX: GIC). Energy. Down 60 cents, or 5.63%, to $10.05 on six million shares.
Baytex Energy Corp. (TSX: BTE). Energy. Down 35 cents, or 4.85%, to $6.87 on 5.7 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 33 cents, or 1.65%, to $19.63 on 5.5 million shares.
Auxly Cannabis Group Inc. (TSX:XLY). Health care. Down one cent, or 18.18%, to 4.5 cents on 5.3 million shares.
Companies in the news:
Food Couche-Tard Inc. (TSX: ATD). Down 27 cents, or 0.48%, at $56.57. Alimentation Couche-Tard Inc., which has signed a deal to buy the Wilsons gas station chain in Atlantic Canada, has reached an agreement with the Competition Bureau to resolve concerns about the acquisition. The federal competition regulator had concluded that the agreement would significantly reduce or prevent competition in the retail supply of gasoline in certain markets. To address these concerns, Couche-Tard agreed to sell 46 Wilsons sites and supply agreements and one Couche-Tard gas station. In July 2021, Couche-Tard announced its agreement to acquire the Wilsons network, which includes 79 company-owned and operated retail and fuel outlets, 147 outlets and a marine fuel terminal in Halifax. The company said at the time that certain assets would be purchased by a third-party acquisition partner to be determined following a review by the Competition Bureau. Wilsons operates and supplies Esso, Wilsons Gas Stops and Go! Gasoline retail stores in Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador.
BMO Financial Group (TSX: BMO). Down $3.28, or 2.57%, at $124.49. BMO Financial Group ended the Big Six earnings season with declining earnings as a decline in financial markets more than offset gains from loan growth and improved interest income yields. The bank reported profit of $1.37 billion for the quarter ending July 31, down from $2.28 billion in the same quarter a year earlier, as it took a $945 million charge related to its acquisition of Bank of the West. Adjusted profit of $2.13 billion was still below last year’s take of $2.19 billion as its wealth management division saw its revenue decline 15% and its income in the markets for equity was about half of what it was a year earlier.
This report from The Canadian Press was first published on August 30, 2022.
The Canadian Press