Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded on the Toronto Stock Exchange on Thursday:

Toronto Stock Exchange (21,292.96, down 102.04 points.)

The Toronto Dominion Bank (TSX:TD). finances. Up 30 cents, or 0.3 percent, to $101.73 on 11.6 million shares.

Suncor Energy Inc. (TSX:SU). Energy. 33 cents or 0.9 percent fell to $34.86 on 11.1 million shares.

The Royal Bank of Canada (TSX:RY). finances. Up 41 cents, or 0.3 percent, to $145.40 on 7.7 million shares.

Canadian Natural Resources (TSX:CNQ). Energy. Up $1.20, or 1.9 percent, to $62.91 on 6.2 million shares.

Crescent Point Energy Corp. (TSX:CPG). Energy. Down 42 cents, or five percent, to $8.03 on 6.1 million shares.

Manulife Financial Corp. (TSX:MFC). finances. Up six cents, or 0.2 percent, to $25.85 on 5.7 million shares.

Companies in the news:

Canopy Growth Corp. (TSX:WEED). Down 65 cents or 5.8 percent to $10.51. Cannabis companies offer growing facilities, pot shops and warehouses for sale as the industry tries to streamline production and better match its capabilities with demand. Industry observers say there are so many cannabis assets available to buy right now because, while the demand for marijuana is high, many companies have miscalculated what consumers want and are cutting products and focusing their businesses on items that are more likely to come off the shelves. will fly. Conversations and the resulting drive to sell have increased over the years, with companies as large as Canopy Growth Corp., Tilray Inc. and Aurora Cannabis Inc. released assets. But more entries have been added in recent months as companies saw that the path to profitability was not a quick and easy one, especially during the COVID-19 pandemic. Some companies have found that the demand for certain products is well below their expectations and have an abundance of weed to sell. Others are struggling to stand out as the number of potted products for sale in the country grows, the market share of craft cannabis grows and illegal sales remain huge.

Saputo Inc. (TSX:SAP). 22 cents dropped to $28.74. Dairy giant Saputo Inc. says Kai Bockmann is stepping down as the company’s president and chief operating officer before retiring in March. The Montreal-based dairy processor says Carl Colizza, president and chief operating officer of North America, and Leanne Cutts, president and chief operating officer of international and Europe, will report to Lino A. Saputo, effective immediately. Saputo will now serve as president in addition to his role as board chairman and chief executive. He says Bockmann has helped build a strong and diverse leadership team over the past 10 years. The company has struggled in recent months as disruptions from COVID-19, labor shortages and supply chain turmoil weighed on profits. Saputo has ushered in price hikes to fend off inflation, but the company said in November those higher prices are not keeping up with rising costs.

Corus Entertainment Inc. (TSX:CJR.B). 30 cents or six percent up to $5.27. Corus Entertainment Inc. reported first-quarter profits were lower than a year ago as sales grew 10 percent. The television and radio station says it earned net shareholder income of nearly $76.2 million or 36 cents per diluted share for the quarter ended Nov. 30. The result compared with earnings of nearly $76.7 million or 37 cents per diluted share in the year-ago quarter. Revenue was nearly $463.9 million, up from nearly $420.4 million in the same quarter a year earlier for the company behind Global Television, W Network, HGTV Canada, Food Network Canada and other specialty television services, radio stations and conventional television stations. . Corus CEO Doug Murphy says television revenue in the quarter surpassed pre-pandemic levels, helped by the strength of Global TV’s fall schedule and robust ad demand. Television revenue rose to $434.7 million, up from $392.1 million a year ago, while radio revenue was $29.1 million, up nearly $28.3 million.

This report from The Canadian Press was first published on January 13, 2022.

The Canadian Press

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