TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (21,086.99, up 101.62 points.)
Suncor Energy Inc. (TSX:SU). Energy. Down one cent, or 0.04 per cent, to $28.68 on 10.7 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 24 cents, or 0.45 per cent, to $53.09 on 10 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up eight cents, or 0.56 per cent, to $14.33 on 6.8 million shares.
BlackBerry Ltd. (TSX:BB). Technology. Up $1.68, or 13.37 per cent, to $14.23 on 6.6 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Up 18 cents, or 4.74 per cent, to $3.98 on 6.5 million shares.
B2Gold Corp. (TSX:BTO). Materials. Up 23 cents, or 4.71 per cent, to $5.11 on 6.4 million shares.
Companies in the news:
Canadian National Railway Co. (TSX:CNR). Up 52 cents or 0.34 per cent — Canadian National Railway Co.'s embattled CEO is retiring in the new year, the railway says as it reported earning $1.685 billion in the third quarter, thanks in part to a $770-million after-tax break fee it received after walking away from a takeover bid for Kansas City Southern railway. The Montreal-based company says Jean-Jacques Ruest will leave at the end of January or when a successor has been appointed. Ruest has been a target for replacement by activist shareholder TCI Fund Management Ltd. Railway chairman Robert Pace said Ruest deferred his retirement due to the KCS transaction and introduction of its strategic plan. CN says it earned $2.37 per diluted share for the three months ended Sept. 30, up from $1.38 per share or $985 million a year earlier.
Spin Master Corp. (TSX:TOY). Up 16 cents or 0.38 per cent to $26.29. Spin Master Corp. is investing $100 million in early-stage toy, entertainment and digital games companies in a bid to bolster its product development pipeline. The company behind the Paw Patrol franchise said Tuesday that Spin Master Ventures will make strategic minority investments in start-ups and entrepreneurs in the children's entertainment space. It says the investments will include cash for early-stage companies as well as growth capital for emerging business that have a proven product. To launch the fund, Spin Master Ventures has made minority investments in two companies. The company has invested in Nordlight, a mobile game development company based in Stockholm, and Hoot Reading, a Winnipeg-based online tutoring service. The company, which is focused on helping kids learn to read, said it will use the investment to expand its reach in new markets, support its product evolution and propel its continued growth.
This report by The Canadian Press was first published Oct. 19, 2021.
The Canadian Press